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Oil production reaches 307m barrels in six months – FG • Sun(Set) for $2.35 Billion Scam • Nigerian scientist wins Schlumberger prize • Senator facilitates market to boost commerce in Edo community • Shettima declares editors’ confab open in Enugu today • Naira appreciates to N1,375/$ in parallel market • 2027: APC govs divided over Wike, Uzodimma, AbdulRazaq’s feud • Alaba joins Okoye at Udinese • Ajibade hints at Odemwingie 10-year NFF exposé • LGAN seeks partnership for African golf championship • NIMASA intensifies maritime enforcement with Blue-Green operation • Regulators urged to adopt real-time petroleum intelligence • Foreign businesses reshaping Nigerian commerce, SERC warns • Stakeholders seek dedicated fund for coastal resilience • Edo revokes Benin-Abraka road contract, plans fresh award • Power generation hits 5,403MW, nears record peak • NCDMB woos Chinese manufacturers to boost oil industry • NAEC conference seeks solutions to investment challenges • NDPHC moves to revive 20-year Akwa Ibom power project • FX reforms, oil inflows push reserves above $54bn • Oil production reaches 307m barrels in six months – FG • Sun(Set) for $2.35 Billion Scam • Nigerian scientist wins Schlumberger prize • Senator facilitates market to boost commerce in Edo community • Shettima declares editors’ confab open in Enugu today • Naira appreciates to N1,375/$ in parallel market • 2027: APC govs divided over Wike, Uzodimma, AbdulRazaq’s feud • Alaba joins Okoye at Udinese • Ajibade hints at Odemwingie 10-year NFF exposé • LGAN seeks partnership for African golf championship • NIMASA intensifies maritime enforcement with Blue-Green operation • Regulators urged to adopt real-time petroleum intelligence • Foreign businesses reshaping Nigerian commerce, SERC warns • Stakeholders seek dedicated fund for coastal resilience • Edo revokes Benin-Abraka road contract, plans fresh award • Power generation hits 5,403MW, nears record peak • NCDMB woos Chinese manufacturers to boost oil industry • NAEC conference seeks solutions to investment challenges • NDPHC moves to revive 20-year Akwa Ibom power project • FX reforms, oil inflows push reserves above $54bn

September 24, 2026|02:14

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Oil & Gas

FX reforms, oil inflows push reserves above $54bn

Punch Nigeria about 1 hour 1 mins read

Nigeria’s gross external reserves have risen above $54bn under CBN Governor Olayemi Cardoso, driven by FX market reforms and stronger oil inflows. Read More: https://punchng.com/fx-reforms-oil-inflows-push-reserves-above-54bn/

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