Post by Proshare (@Proshare)

Nigeria's gross external reserves increased by US$1.2bn month-on-month to US$49.6bn, ending two months of declines. This recovery was driven by stronger inflows from export proceeds, thanks to higher crude oil production and elevated global oil prices.

https://proshare.co/articles/nigerias-external-reserves-rebound-to-us49.6bn-in-may-2026-on-strong-oil-receipts?menu=Economy&classification=Read&category=Nigeria

Nigeria's gross external reserves increased by US$1.2bn month-on-month to US$49.6bn, ending two mont...

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