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Wire · operational-macro

Nigeria's external reserves hit $54bn -- highest level since 2008

5 September 2026 · By · Wire by Fusion42

Published

5 September 2026

Topic

operational-macro

◆ Geography

Nigeria

◆ Source

Read at thecable.ng →

◆ Verified

Fusion42 · 5 September 2026 · Fusion42 review

Nigeria's external reserves have risen to $54.08 billion, the highest level since 2008, surpassing the Central Bank of Nigeria's 2026 forecast and increasing by $1.42 billion since August 19.

◆ ◆ The Wire takeaway

Nigeria's stronger foreign reserves mean you have better currency stability and more policy flexibility to scale in local markets. Now is the time to explore growth opportunities that hinge on improved macroeconomic confidence.

◆ Coverage

1 source · 5 Sep 2026

◆ Related on Wire

◆ Topics

foreign-exchangecentral-bankmacronigeriareserves