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CBN: Nigeria’s Foreign Reserves Remains Above $52.5bn

Igbawase Ukumba in Lafia As the naira continues to strengthen, with the spread between official and Bureau de Change rates now narrowing to below 2%, Nigeria’s foreign reserves remained above

  • Nigeria's foreign reserves exceed $52.5 billion as of July 17, 2026
  • CBN attributes growth to reforms led by Governor Olayemi Cardoso
  • Inflation declines slightly to 15.43% in July 2026

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