External Reserves Hit 17-year High of $50.12bn, Grow 30.9% YoY Investors commit N656bn to OMO bills High yields drive fixed income deals
Nume Ekeghe
Nigeria’s external reserves have
risen to $50.12 billion, marking their highest level in more than 17 years and highlighting a significant
improvement in the country’s external position over the past year. Latest data showed that gross
external reserves stood at $50.12 billion as of June 5, 2026, compared with $38.28 billion recorded on June
5, 2025, representing a year-on-year increase of 30.9 per cent. The latest figure represents an
addition of approximately $11.84 Continued on page 8
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We’ll Not Allow Violent Extremists Define Our Identity, Tinubu Vows Charges citizens to provide useful information to address issue, says fighting terror a national duty
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