Abuja, July 16, 2026 – Nigeria’s external reserves have risen to $51.86 billion as of July 14, 2026, the highest in 16 years.
The Central Bank of Nigeria (CBN) reported this in its latest statistics on the external reserves.
It said the external reserves had increased from $51.52 billion at the end of June to $51.86 billion as of July 14, 2026.
The apex bank said the external reserves rose steadily in the last two months after some drawbacks in March and April.
It attributed the steady growth to increased foreign exchange inflow, increased export earnings and improved macroeconomic environment.
The CBN said the improved external reserves had boosted investor confidence in the economy.
