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Will Nigeria's external reserves remain above $53bn at the next reported reading?

Outcome: YES

How this forecast is settled

Will Nigeria's gross external reserves still be above $53 billion when the CBN publishes the next reading? With reserves recently reaching a 17-year high and continuing to rise, Yes appears highly likely, although the small margin above $53 billion makes this worth monitoring closely.

Resolution

Yes, Nigeria's gross external reserves remained well above $53 billion, climbing further to $54.08 billion as of September 2026

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