Nigeria's foreign exchange reserves rose 6.28 percent to $26.55 billion by Jan. 9 from a month ago, climbing to the highest level since May, central bank data showed on Wednesday.
The reserves are down 8.09 percent from the same period in January 2016, however.
The central bank did not provide any reason for the recent rise in reserves, which may be due to the rise in global oil prices and in the OPEC member's production levels.
Brent crude futures were up 52 cents at $54.16 a barrel by 0950 GMT on Wednesday.
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