Tag: RESERVES

  • EXTERNAL RESERVES JUMP TO 44 MONTH HIGH OF $41bn

    EXTERNAL RESERVES JUMP TO 44 MONTH HIGH OF $41bn

    Nigeria’s foreign exchange reserves has reached $41 billion on August 19, 2025—the highest in 44 months since December 2021—indicating a strong recovery after months of depletion. The reserves increased by $1.46 billion in August, growing steadily from $39.54 billion on August 1 to $41 billion, with an average daily increase of $81 million. The surge…

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