Nigeria’s external reserves hit 17-year high of $50.12bn Pienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup opener Cooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy push Naira strengthens against dollar as reserves hit $50.12 billion Police arrest seven bandits over killing of three FRSC officers in Kebbi Bandits kidnap 50 elders during peace meeting in Zamfara Banks must cut terror funding, army chief tells financial sector University of Ibadan graduate credits school daddy for academic turnaround ADC and Aregbesola seek judge’s withdrawal from party chair suit Divock Origi retires from football at 31 after Milan exit Nigeria’s external reserves hit 17-year high of $50.12bn Pienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup opener Cooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy push Naira strengthens against dollar as reserves hit $50.12 billion Police arrest seven bandits over killing of three FRSC officers in Kebbi Bandits kidnap 50 elders during peace meeting in Zamfara Banks must cut terror funding, army chief tells financial sector University of Ibadan graduate credits school daddy for academic turnaround ADC and Aregbesola seek judge’s withdrawal from party chair suit Divock Origi retires from football at 31 after Milan exit

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Finance May 16, 2026

S&P upgrades Nigeria’s credit rating to B from B-minus

S&P Global Ratings upgrades Nigeria's credit rating to B, citing reforms and higher oil output.