Nigeria’s external reserves have surpassed the $42 billion mark, rising to $42.225 billion as of Thursday, September 25, 2025, the highest in over six years. According to the latest data from the Central Bank of Nigeria (CBN), the country’s external reserve has increased by over $692 million in 18 days. It also shows that the…
Nigeria’s foreign exchange reserves have risen to $41 billion, their highest level since December 2021, according to fresh figures from the Central Bank of Nigeria (CBN). The reserves, which stood at $39.54 billion on August 1, climbed to $41.00 billion by August 19, in a gain of $1.46 billion in under three weeks. This marks…
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso. He disclosed this during the Monetary Policy Committee (MPC) briefing held on Monday, July 22, 2025. Cardoso noted that the $40.11 billion reserve level represents approximately 9.5 months of import cover, signaling a significant boost…