Tinubu's Foreign Reserves Adjusted to $55.07 Billion

As of October 9, 2026, Nigeria's foreign reserves were reported at approximately $55.07 billion under President Bola Tinubu, following a correction from an earlier figure of $58.81 billion associated with October 12. The Central Bank of Nigeria provided the data, and it is important to note that these figures are from different observation dates, meaning the correction should not be interpreted as a loss of funds.

In a historical context, former President Umaru Musa Yar'Adua's administration recorded the highest reserves at approximately $64.85 billion in August 2008, which is about $9.78 billion more than the corrected figure under Tinubu. Using the corrected balance, Tinubu ranks second in the historical comparison of foreign reserves, but the earlier figure of $58.81 billion should not be used for comparison.

Establishing the maximum reserves for Tinubu's administration will require a complete revised daily series.