Foreign Reserves Hit $46.7bn as Economic Recovery Accelerates – FG

The Federal Government says new economic indicators released by the Central Bank of Nigeria (CBN) confirm that the country’s economic recovery is strengthening and gathering real momentum.

According to the Minister of Information, who shared the figures on his official X handle, Nigeria’s foreign reserves have now risen to $46.7 billion, the highest level recorded in nearly seven years, an outcome he described as a clear signal of renewed investor confidence and improved external stability.

The minister also announced that foreign capital inflows into the country reached $20.98 billion in the first ten months of 2025, representing a massive 428 percent increase over the total recorded in 2023.

He added that microfinance lending has grown by more than 14 percent in 2025, providing expanded financing for small businesses, boosting job creation, and supporting household incomes across communities.

The Federal Government maintains that these indicators reflect the positive impact of ongoing reforms and reaffirm Nigeria’s steady march toward sustainable economic growth and shared prosperity.