Nigeria’s Foreign Reserves Fall by $20 Million in Two Days

Nigeria’s foreign reserves fell by $20 million over two days, reaching $55.24 billion on October 29, 2026, according to Central Bank of Nigeria data. Reserves stood at $55.26 billion on October 28. Despite the recent decline, they increased by $60 million between October 23 and 29, rising from $55.18 billion to $55.24 billion. The naira closed at 1,346.26 per dollar on Friday.