![The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso [PHOTO CREDIT: Central Bank of Nigeria]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/07/HNaxaJbWIAEcQ9u.jpg?fit=2048%2C1366&ssl=1)
The apex bank said the increase in gross reserves is driven largely by crude oil-related tax receipts and third-party inflows into the economy.
The post Nigeria’s external reserves rise to $52.5 billion, enough for 11 months’ imports appeared first on Premium Times Nigeria.



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