Nigeria’s Foreign Reserves Gain $1bn in June as FX Stability Improves

Thenews_chronicle | 17-06-2026 10:45pm |

In the first half of June 2026, Nigeria's foreign reserves experienced a significant increase, rising by over $1 billion. This growth is attributed to strong foreign currency inflows that have contributed to the stability of the nation's external financial situation. According to recent data released by the Central Bank of Nigeria, there was a notable two-week increase of approximately $1.01 billion in gross foreign reserves, reflecting a positive trend in the country's foreign exchange environment.

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