Nigeria’s FX Reserves Surge to $40B | Nigeria News episode artwork

EPISODE · Jul 16, 2026 · 1 MIN

Nigeria’s FX Reserves Surge to $40B | Nigeria News

from Nigeria News Today | 2 Min News | The Daily News Now!

Nigeria’s foreign exchange reserves have surged from $3 billion to $40 billion, signaling a major economic turnaround as Central Bank Governor Olayemi Cardoso declares the FX market is stabilizing. Driven by bold reforms, this recovery is laying the groundwork for renewed investor confidence and attracting both local and global capital. Cardoso urges Nigerian business leaders to seize the moment and fuel the next wave of growth, positioning Nigeria as a more attractive destination for investment and long-term prosperity. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c60828ff55d6fa36

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Nigeria’s FX Reserves Surge to $40B | Nigeria News

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