External Reserves

Nigeria’s gross external reserves stood at $55.08bn as of October 9, 2026, following a revision of data published by the Central Bank of Nigeria (CBN).

Data published on the CBN’s website showed that reserves increased from $54.95bn on October 2 to $55.07bn on October 8, reflecting continued growth in the country’s external buffers at the beginning of the month.

Nigeria's external reserves rose to $52.02bn on July 20, marking their highest level since January 2009 and exceeding the Central Bank of Nigeria's projected reserve target for the end of 2026. The country's reserves have expanded by about...

June 17, (THEWILL) — Nigeria’s external reserves increased by more than $1 billion in the first half of June 2026, extending the gains recorded in May and strengthening the country’s foreign exchange buffers. Data from the Central Bank of Nigeria...

April 27, (THEWILL) — Nigeria’s external reserves fell by approximately $731 million in the first three weeks of April 2026, underscoring persistent pressure on the country’s foreign exchange buffers. Figures from the Central Bank of Nigeria (CBN) show reserves declined...

November 11, (THEWILL) — Nigeria’s external reserves climbed to $43.32 billion as of November 6, 2025, an 8.2 percent increase year-on-year from $40.94 billion on November 6, 2024, data from the Central Bank of Nigeria (CBN) has revealed. The...