Nigeria’s Forex Reserves Cross $45 Billion, Highest in Six Years

By Ikugbadi Oluwasegun

Nigeria’s external reserves have surged past the $45 billion threshold for the first time in over six years, fresh data from the Central Bank of Nigeria (CBN) reveals.

The reserves now stand at $45.04 billion, a level last achieved on July 23, 2019, The CBN reports revealed that this milestone comes amid a rapid buildup, with the country adding nearly $5 billion to its coffers in recent months a stark contrast to the FX challenges plaguing many emerging markets.

Earlier reports highlighted reserves reaching $42.03 billion on September 19, 2025, the highest in 72 months.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top