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Macroeconomy
Nigeria’s foreign reserves hit 17-year high at $52.5bn — CBN
Vanguard
Aug 5, 2026 · 01:08 WAT
Nigeria’s foreign reserves rose above $52.5 billion as of July 17, 2026, according to the Central Bank of Nigeria, reaching their highest level in 17 years. The CBN attributed the increase to renewed investor confidence and sustained capital inflows, and said the figure exceeded its annual target.