June 3, 2026
Nigeria’s Foreign Reserves Drop by $499m in Two Weeks -What It Means for the Naira

Nigeria’s foreign reserves fell by $499.46 million in less than two weeks, declining from $50.02 billion to $49.53 billion between March 11 and 25, 2026, according to the latest external reserves movement data published by the Central Bank of Nigeria (CBN). The approximately 1% decline within a fortnight raises fresh questions about reserve sustainability at …
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