Nigeria’s Foreign Reserves have recorded mild surge, soaring, from $37.195 billion on July 1, 2025, to $40.159 billion on August 7.
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The upward movement in reserves was published by the Central Bank of Nigeria on its website on Monday , August 11.
When President Tinubu took over on May 29, 2023, the reserve was $32 billion, of with most of it encumbered, according to Mr. Bayo Onanuga Special Adviser to President Tinubu on Information and Strategy.
Onanuga who stated this on his social media page, expressed the confidence that the management of the economy is in good hands, as positive indicators abound in other sectors.
