US EditionNigeria's Net Reserves Jump to $34.80 Billion
Net foreign reserves rose 51% to $34.8 billion in 2025 due to stronger external fundamentals and policy reforms, boosting Nigeria's macroeconomic resilience, the Central Bank said.
- On Monday, Olayemi Cardoso, Governor of the Central Bank of Nigeria, said Nigeria's net foreign exchange reserves rose to $34.80 billion at the end of December 2025 in a statement issued then.
- The CBN said the rise reflects stronger external sector fundamentals and sustained policy reforms that improved liquidity and foreign‑exchange buffers.
- At the MPC briefing, the CBN reported gross external reserves rose to $45.71 billion from $40.19 billion, reaching $50.45 billion on February 16, 2026.
- The CBN said the reserve gains boost its capacity to meet external obligations, support exchange‑rate stability and reinforce macroeconomic resilience, linking transparency to stronger investor confidence and FX inflows.
- A 51.0 per cent year‑on‑year rise indicates substantial strengthening of Nigeria's liquid and foreign‑exchange buffers throughout 2025.
23 Articles
23 Articles
Nigeria’s net reserves jump to $34.80 billion
The CBN governor stated that the foreign reserve position highlights the CBN’s ongoing reforms and external sector adjustments. The post Nigeria’s net reserves jump to $34.80 billion appeared first on Premium Times Nigeria.
Nigeria’s net reserves hit $34.8bn in 2025
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says Nigeria’s net foreign exchange reserves (NEFR) at the end of 2025 were $34.80 billion — exceeding the country’s total gross reserves recorded in 2023. According to a statement on Monday, Cardoso disclosed the figure over the weekend. The figure also represents 50.58 percent or $11.69 billion increase compared to the net reserves of $23.11 billion recorded in 2024 and 772.18…
Nigeria’s Net FX Reserves Jump 772% to $34.8bn - Cardoso
Nigeria’s external balance sheet has undergone one of its most dramatic recalibrations in recent history. The Central Bank of Nigeria (CBN) has disclosed that the country’s net foreign exchange reserves rose from $3.99 billion at the end of 2023 to $34.80 billion by December 2025 — a 772% increase in just two years. For an …
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