Nigeria’s Foreign Reserves Reach $53.2bn, Highest in Nearly 18 Years
Nigeria’s external reserves have risen to $53.2 billion, marking their highest level in nearly 18 years. The increase reflects stronger crude oil earnings, improved foreign exchange inflows, and more favorable conditions across the country’s external sector. Data from the Central Bank of Nigeria, CBN, indicated that the reserves reached $53.2 billion as of August 26….

