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CBN: External Reserves Rise to $49.34bn as Naira Holds Firm Amid Stable Market Conditions
*Says $2.34bn spent on food imports in 2025 despite decline in forex demand
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punchng.com
Food imports gulp $2.34bn in 2025 – CBN
Nigeria spent $2.34bn on food imports in 2025, according to CBN data. Discover the reasons behind the continued reliance on food imports and its economic i
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businessday.ng
Naira cools, FX deals shrink in May as reserve surge masks slower dollar flows - Businessday NG
The naira depreciated to N1,373.25 in the official market in May 2026 as transactional liquidity slowed, despite a strong rebound in N...
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thisdaylive.com
CBN: External Reserves Rise to $49.34bn as Naira Holds Firm Amid Stable Market Conditions
*Says $2.34bn spent on food imports in 2025 despite decline in forex demand
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Food imports drop by 7% – CBN data
Nigeria's food import bill decreased by 7% to $2.34bn in 2025, according to CBN data, signaling a shift in economic priorities and reduced import reliance.