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Nigerian banks gain dollar buffers on rising FX reserves 

Posted on February 28, 2026 by CoreNews Africa

​Nigeria’s big banks tighten grip on African expansion as global lenders retreat

A sharp rise in foreign-currency liquidity across Nigeria’s banking sector is reducing the risk around about $1.7 billion of Eurobonds

read more Nigerian banks gain dollar buffers on rising FX reserves

   

Posted in Business

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Core Afric

Celebrating the diversity and richness of African heritage globally

Celebrating the diversity and richness of African heritage globally

Core Afric amplifies the voices and stories of people of African descent worldwide. Our mission is to build a bridge amongst our various citizens dispersed all over the globe. We are intentional about a media where the experiences, perspectives, and achievements of the descendants of Africa are valued, respected, and celebrated. Through our reporting, we aim to foster greater understanding, empathy, and solidarity in a universe riddled with divisions. Do you care about honoring the diversity and richness of African heritage globally? Connect with us on our handles for news, information, and cultural exposition, highlighting the richness and diversity of Africa and its diasporans.

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Core Afric

Core Afric amplifies the voices and stories of people of African descent worldwide. Our mission is to build a bridge amongst our various citizens dispersed all over the globe. We are intentional about a media where the experiences, perspectives, and achievements of the descendants of Africa are valued, respected, and celebrated. Our reporting aims to foster greater understanding, empathy, and solidarity in a universe riddled with divisions. Do you care about honoring the diversity and richness of African heritage globally? Connect with us on our handles for news, information, and cultural exposition, highlighting the richness and diversity of Africa and its diasporans.

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News Briefing

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​Shower Valve vs Shower Head: Which Component Often Needs Bathroom Shower Repair?   

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​ Money can move into tokenized private funds much faster than it comes out. Even as asset managers use blockchain technology to turn fund shares into digital tokens, a lack…

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The Machakos County Assembly is facing a looming operational crisis, following a prolonged deadlock over the 2026/2027 financial year budget, with Members of County Assembly (MCAs) warning that salaries and…

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