Nigeria’s foreign reserves recorded a slight decline for two consecutive days, falling to $55.24 billion on October 29, 2026.
Data from the Central Bank of Nigeria, CBN, confirmed that the nation’s exterior reserves declined on October 28 and 29 to $55.26 billion and $55.24 billion, respectively.
This signifies that Nigeria’s foreign reserves shed $20 million over the two days, in accordance with the apex financial institution’s knowledge.
An extra evaluation of the apex financial institution’s knowledge confirmed that the nation’s foreign reserves gained $60 million through the interval beneath overview regardless of the two-day decline.
DAILY POST studies that the nation’s foreign reserves rose to $55.24 billion on October 29, from the $55.18 billion recorded on October 23, representing a rise of $60 million.
This comes because the naira closed at N1,346.26 in opposition to the greenback on Friday.
