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Nigeria’s foreign reserves hit $58.81 billion, highest in 18 years

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Nigeria’s foreign reserves hit $58.81 billion, highest in 18 years

14 Oct, 2026

Nigeria’s foreign exchange reserves rose to $58.81 billion on October 12, 2026, their highest level since November 19, 2008, when reserves stood at approximately $58.91 billion. Data from the Central Bank of Nigeria (CBN) showed that the reserves increased from $55.08 billion on October 9 to $58.81 billion on October 12, representing a gain of about $3.73 billion in the latest reported movement..................….......READ MORE