NewsBreakNigeria
USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880
USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880

Why Nigeria’s forex reserve is swelling

Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, strengthening the country’s external position and providing additional buffers for the Central Bank of Nigeria (CBN) to manage pressure in the…

Aggregated · originally by Nairametrics
16 Sept 2026, 07:00 WAT · 3 min read
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Why Nigeria’s forex reserve is swelling

Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, strengthening the country’s external position and providing additional buffers for the Central Bank of Nigeria (CBN) to manage pressure in the…