Latest updates for Nigeria’s Foreign Reserves

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Recent items include:

  • Nigeria’s Foreign Reserves Drop by $855m Amid Rising FX Pressure
  • Nigeria Reserves Seen Dropping to $47bn Despite Recent Gains
  • Nigeria’s FX Reserves Rise Above $48.8bn as CBN Signals Stronger Market Confidence

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thenews-chronicle.com /2 weeks ago

Nigeria’s Foreign Reserves Drop by $855m Amid Rising FX Pressure

Nigeria’s external reserves recorded a sharp decline of about $855 million within five weeks, raising fresh concerns over pressure on the country’s foreign exchange market despite...

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thenews-chronicle.com /1 month ago

Nigeria Reserves Seen Dropping to $47bn Despite Recent Gains

Nigeria’s external reserves could decline to $47 billion by the end of 2026 as rising spending needs and external risks put pressure on the country’s foreign currency buffer.     T...

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thenews-chronicle.com /5 days ago

Nigeria’s FX Reserves Rise Above $48.8bn as CBN Signals Stronger Market Confidence

Nigeria’s foreign exchange reserves recorded a fresh boost in May 2026, climbing by more than $551 million within three weeks as pressure on the country’s external liquidity positi...

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thenews-chronicle.com /1 month ago

Nigeria Reserves Plunge $850m Amid Election Spending, FX Interventions

Nigeria’s external reserves have come under fresh pressure, dropping by about $850 million within three weeks as foreign exchange demand intensifies and fiscal spending linked to t...

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premiumtimesng.com /1 week ago

Nigeria’s gross external reserve drops slightly to $49.49 billion – CBN

Though there is a slight drop from what was recorded in February, the CBN said at the press briefing that Nigeria's external reserves remained robust. The post Nigeria’s gross exte...

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thenews-chronicle.com /5 days ago

Naira Slides Slightly Despite Rise in Nigeria’s Foreign Reserves

Nigeria’s currency came under fresh pressure last week as the naira weakened slightly against the United States dollar in both the official and parallel foreign exchange markets de...

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dailypost.ng /3 weeks ago

Nigeria’s reserves bleeding despite huge oil windfall – Atiku raises alarm

Former Vice President Atiku Abubakar has raised the alarm over the continued decline in Nigeria’s external reserves despite a huge crude oil windfall due to the Middle East crisis....

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thenews-chronicle.com /1 month ago

Naira Slips as Falling Reserves Deepen Forex Pressure

The naira weakened at the official foreign exchange market last week, closing at N1,358.44 to the dollar, as pressure mounted on Nigeria’s external position and reserve levels decl...

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thenews-chronicle.com /1 month ago

Naira Slides to N1,389 as Reserves Shrink, Renewing FX Market Concerns

Nigeria’s currency came under fresh pressure on Tuesday, weakening to N1,389 against the dollar as external reserves dropped by about $850 million within three weeks, according to...

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blackenterprise.com /1 month ago

Nigeria’s Export Of 55.39M Barrels Of Crude Oil Signals Domestic Supply Shortfalls

New data shows Nigeria export of 55.39 million barrels of crude oil underscores ongoing supply shortfalls.

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thisdaylive.com /1 month ago

Gulf Crisis: Nigeria Has No Plan to Seek IMF’s Support, Says Edun

• UN Deputy Chief, Amina Mohammed says Nigeria’s reforms showing early gains, warns rising inequality threatening progress  •Fund warns country’s limited fiscal space weakens respo...

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lindaikejisblog.com /1 week ago

Nigeria’s trade surplus rises 220% to $480m

 Nigeria recorded a $480 million trade surplus in January 2026, driven by a 4.46 percent increase in export receip

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pmnewsnigeria.com /5 days ago

Fresh data reveals how Nigeria’s $51.86bn foreign debt Is distributed

Nigeria increased its borrowing from foreign lenders in 2025 as the Federal Government continued efforts to fund public projects, close budget deficits, support economic reforms, i...

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thenews-chronicle.com /1 month ago

Naira Slides Further as FX Pressure Mounts and Reserves Dip

Nigeria’s currency weakened again in the official market, settling around N1,355 to the dollar as pressure in the foreign exchange space persists. Latest figures from the Central B...

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thenews-chronicle.com /1 month ago

Naira Slides to N1,369 as Reserve Drop Fuels Forex Strain

The naira extended its losing streak at the official market on Monday, closing at N1,369 to the dollar, its weakest level in weeks, as pressure on Nigeria’s foreign exchange market...

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premiumtimesng.com /1 month ago

Nigeria’s oil, gas reserves hit 37bn barrels, 215 TCF — NUPRC

The NUPRC said that while gas reserves recorded growth driven by discoveries, oil reserves declined slightly due to production and updated field evaluations. The post Nigeria’s oil...

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vanguardngr.com /2 weeks ago

Nigeria’s net forex inflow rises 11% to $66.23bn

•Net inflow through CBN falls 18% By Elizabeth Adegbesan  Nigeria recorded a 11.4 percent year-on-year (YoY) increase in net foreign exchange inflow in 2025   to $66.23 billion fro...

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thenews-chronicle.com /1 month ago

Naira Drops to N1,383 as Falling Reserves Intensify FX Pressure

The naira slipped further in the official market on Tuesday, closing at N1,383 to the dollar as pressure in Nigeria’s foreign exchange space continued to build. Central Bank of Nig...

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thisdaylive.com /1 month ago

Report: Nigeria Poised for Oil Windfall, But Faces Growth Slowdown, Inflation Shock

• Dangote Refinery export push offers rare upside  •Oil price surge deepens pressure on 29 African currencies  •Troubled region accounts for 15.8% of Africa’s imports Emmanuel Adde...

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pmnewsnigeria.com /1 month ago

Nigeria has no immediate need for IMF assistance

Edun reaffirmed that the country would continue to rely on internal policy measures rather than seek multilateral lending support at this time.

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thenews-chronicle.com /1 week ago

Nigeria Holds Position Among World Bank’s Biggest Borrowers

Nigeria has maintained its position as the third largest borrower from the World Bank’s International Development Association despite recording a slight reduction in its debt profi...

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thisdaylive.com /1 month ago

World Bank to Nigeria: Save Oil Windfall for Rainy Day, Rebuild Fiscal Buffers

• Urges FG to restore PMS competition, reopen imports, reduce price  •Raises alarm over child development crisis, says 110 out of 1,000 Nigerian children die before age five  •Says...

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allafrica.com /1 month ago

Nigeria: World Bank to Nigeria - Save Oil Windfall for Rainy Day, Rebuild Fiscal Buffers

[This Day] Abuja -- The World Bank has prescribed some policy responses for Nigeria in the wake of the ongoing conflict in the Middle East, including fiscal discipline, rebuilding...

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premiumtimesng.com /2 weeks ago

CBN says Nigeria’s foreign exchange turnover rises above $400m daily

According to Mr Cardoso, the apex bank recorded an average daily turnover of about $100 million in late 2023 when he assumed office, but the figure has now increased significantly...

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Sources covering Nigeria’s Foreign Reserves

allafrica.com

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dailypost.ng

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pmnewsnigeria.com

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blackenterprise.com

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lindaikejisblog.com

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premiumtimesng.com

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