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.