Nigeria’s foreign reserves rebound by $551 million in three weeks

AI Summary

Nigeria's foreign exchange reserves registered a substantial rebound, increasing by approximately $551 million over the first three weeks of May 2026, following pressure in April. The rebound suggests improving currency reserves in the country.

Nigeria’s foreign exchange reserves recorded a strong rebound in May 2026, rising by about $551 million within the first three weeks of the month after experiencing sustained pressure throughout April.  The post Nigeria’s foreign reserves rebound by $551 million in three weeks appeared first on Nairametrics.