Nigeria's External Reserves Hit 4-Year High at $41.66bn
Nigeria's external reserves reached $41.66 billion, the highest in nearly four years, as of September 11, 2025, according to the Central Bank of Nigeria (CBN). The reserves saw a significant increase of 13% compared to the previous year, reflecting a steady upward trend over 28 consecutive trading days.
This growth provides the CBN with a stronger buffer to manage external shocks, enhance market confidence, and sustain stability in the foreign exchange market. The consistent rise in reserves is attributed to improved oil receipts, increased foreign investment inflows, and tighter monetary policies.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria's External Reserves Reach $42.03 Billion, Highest in Six Years
Nigeria's External Reserves Reach 6-Year High at $42.03 Billion
Nigeria’s External Reserves Rise To A Record High Of $41bn – CBN
Nigeria’s Foreign Reserves Rise to Highest Level in Almost 4 Years
BREAKING: Nigeria’s Foreign Exchange Reserves Hit $41bn, Highest Level Since 2021
Nigeria's External Reserves Surge by 12% to $41.663 Billion, CBN Reports Growth
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
