September 16, 2026
Nigeria’s Gross Reserves Rise to $52bn as Net FX Buffer Tops $40bn

Nigeria’s gross external reserves have climbed to approximately $52 billion, strengthening the country’s ability to meet international payment obligations and manage disruptions in the foreign exchange market. Central Bank of Nigeria Governor Olayemi Cardoso disclosed the figure at the BusinessDay CEO Forum in Lagos, where he also revealed that the country’s net foreign exchange reserves …
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