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FX pressures recede as reserves hit 18-year high, current account surplus rises 67.9% – CBN

FX pressures recede as reserves hit 18-year high, current account surplus rises 67.9% – CBN

TheCentral Bank of Nigeria(CBN) has revealed that foreign exchange pressures have receded as Nigeria’s external reserves climbed to $55.25 billion. In comparison, the country’s current account surplus rose by 67.92 per cent to $7.54 billion in the second quarter of 2026. The figures were included in...

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Verified on Sep 22, 2026

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