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Nigeria’s foreign reserves hit 17-year high at $52.5bn — CBN
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Nigeria’s foreign reserves hit 17-year high at $52.5bn — CBN
By Progress Godfrey Nigeria’s foreign reserves have surpassed the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The apex bank disclosed this on Tuesday, attributing the increase to renewe...
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The Briefing Africa
August 5, 2026 · 00:08 · 5 min read
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By Progress Godfrey Nigeria’s foreign reserves have surpassed the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The apex bank disclosed this on Tuesday, attributing the increase to renewe...
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