Foreign exchange reserves · Nigeria
Nigeria Foreign Exchange Reserves
The Nigeria Foreign Exchange Reserves is the value of the foreign currencies, gold and other reserve assets held by the central bank.
- Importance
- Low
- Released
- Monthly
- Next release
Latest figures
The latest release for OCT, published on 30 October 2026, came in at $55.26B.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 30 Oct 2026 | OCT | $55.26B | – | $54.91B |
| 30 Sep 2026 | SEP | $54.91B | – | $53.81B ® |
| 31 Aug 2026 | AUG | $53.31B | – | $51.92B |
| 31 Jul 2026 | JUL | $51.92B | – | $51.29B |
| 1 Jul 2026 | JUN | $51.29B | – | $49.58B |
| 3 Jun 2026 | MAY | $49.58B | – | $49.37B |
| 1 May 2026 | APR | $49.37B | – | $49.44B ® |
| 1 Apr 2026 | MAR | $49.30B | – | $49.51B |
| 27 Feb 2026 | FEB | $49.51B | – | $46.11B |
| 30 Jan 2026 | JAN | $46.11B | – | $45.45B |
| 31 Dec 2025 | DEC | $45.45B | – | $44.67B ® |
| 28 Nov 2025 | NOV | $44.56B | – | $43.15B |
Why it matters
Reserves are the war chest a central bank uses to defend its currency. Falling reserves can mean the bank is selling foreign currency to support the the local currency; rising reserves can mean it is buying to hold it down. For pegged and emerging-market currencies they are a key measure of resilience.
How it is calculated
The central bank values its holdings at market prices and exchange rates at the end of the period; changes therefore include valuation effects as well as purchases and sales.
What changes mean
- A large unexpected drop may signal intervention to support the currency.
- A rise driven only by a weaker dollar (valuation) says little about policy.
- Compare with months of imports covered: three months is a common minimum for emerging markets.
A short history
The modern reserve system grew out of Bretton Woods (1944); after the Asian crisis of 1997–98 many emerging economies built large reserves to avoid running out of foreign currency again.
Questions
What is the Nigeria Foreign Exchange Reserves?
The Nigeria Foreign Exchange Reserves is the value of the foreign currencies, gold and other reserve assets held by the central bank.
What was the latest Nigeria Foreign Exchange Reserves?
$55.26B for OCT, published on 30 October 2026.
When is the next Nigeria Foreign Exchange Reserves?
On Monday 30 November 2026.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.