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Macroeconomy
Nigeria’s foreign reserves shed $114 million in seven days after reaching $52.04 billion peak
Nairametrics
Jul 31, 2026 · 10:13 WAT
Nigeria experienced a decrease in its foreign reserves, shedding $114 million over a seven-day period following a recent peak of $52.04 billion. This shift in the country's external liquidity position can influence macroeconomic stability and investor sentiment across the domestic financial markets.