Nigeria external reserves Archives - Business Elites Africa

June 23, 2026

Business

Nigeria’s External Reserves Rise to $49.6bn on Strong Oil Receipts and Foreign Inflows

Nigeria’s external reserves climbed to $49.6 billion in May 2026, supported by stronger oil receipts, foreign portfolio inflows and renewed confidence in high-yield naira assets.

October 18, 2018

Profiles

Nigeria’s External Reserves decline by $2.15 billion in 30 days

In the last 30 days, Nigeria’s Foreign Exchange reserves have dropped by $2.15 billion due to the Central Bank of Nigeria (CBN)’s defense of the naira. This development occurred as

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