External Reserves Sustain Upswing to $54.08 Billion, Strengthening Nigeria’s Buffers
Nume Ekeghe External reserves have crossed the $54 billion mark, rising to $54.08 billion as of September 3, 2026, from $41.50 billion recorded on the same date in 2025, representing
Nigeria's external reserves have surged to $54.08 billion as of September 3, 2026, marking a 30.3% increase year-on-year, according to data from the Central Bank of Nigeria. This substantial strengthening of the country's external buffers follows an increase of over $12.5 billion between September 2025 and September 2026, and an 18.6% rise since the beginning of the year.
The latest figure brings Nigeria's reserves back to a level last seen nearly 18 years ago, in December 2008, signaling a notable turnaround in the nation's external reserves.
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