Nigeria’s foreign reserves hit 17-year high at $52.5bn — CBN

By Progress Godfrey Nigeria’s foreign reserves have surpassed the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The apex bank disclosed this on Tuesday, attributing the increase to renewed investor confidence and sustained capital inflows into the economy. Speaking at…