Nigeria’s Foreign Exchange Reserves Surge to $55.25bln in September

CBN reserves hit $55.6bn as naira gap drops below 2%

‎Three years after a near-collapse in dollar liquidity, the apex bank says Nigeria’s forex market is steadier, with a few warnings attached‎‎‎• The gap between official and parallel rates has shrunk from 68.2% to under 2%‎‎• Gross reserves stand at $55.60bn, up from net usable reserves of just $859m in 2023‎‎• Autonomous sources now supply […]

Nigeria’s Foreign Exchange Reserves Surge to $55.25bln in September

Nigeria’s foreign exchange reserves climbed to $55.25 billion in September 2026, up from $53.81 billion recorded at the end of August. The latest figures, released by the Central Bank of Nigeria (CBN), highlight a continued upward trajectory in the nation’s financial buffers. According to the report, the current level of reserves marked the highest in […]

Nigeria’s reserves gain $9.3 billion in 9 months, 7x 2025 increase

Nigeria’s external reserves rose by $9.29 billion in the first nine months of 2026, more than seven times the increase recorded during the corresponding period of 2025.

$55bn Reserves: How Tantita’s Pipeline Protection Supports FX Recovery

Nigeria’s external reserves have continued to rise on the back of stronger foreign exchange inflows, with increased crude oil earnings providing further support for the country’s external position. The reserves crossed $54.8bn on September 22, leaving a gap of about $200m to the $55bn mark and strengthening the economy’s buffer against external shocks. The sustained […] $55bn Reserves: How Tantita’s Pipeline Protection Supports FX Recovery is fi…