Nigeria’s Foreign Reserves Surge Past $45 Billion, Highest in Over Six Years
[NigerianEye - Nigeria] - 8/12/2025
Nigeria’s gross external reserves have crossed the $45 billion mark for the first time since July 2019, according to the latest data released by the Central Bank of Nigeria (CBN).As of the most recent update, the reserves stood at $45.04 billion, reflecting a rapid accumulation of nearly $5 billion in just a few months.The milestone marks a remarkable turnaround from the foreign exchange pressures that have weighed on many emerging economies. Only on 19 September 2025, reserves were reported at $42.03 billion already the highest level in 72 months.The sustained rise is attributed to (…)
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