Nigeria’s external reserves rose by nearly $5 billion within three months, climbing to $42.77 billion at the end of September 2025, the Central Bank of Nigeria has said.

Nigeria’s external reserves have crossed $45.04 billion, marking one of the strongest positions the country has recorded in six years.

In spite of fluctuation in oil price, Nigeria’s external reserves surged to $42.696 billion last week, and the market anticipates additional inflows to lift the balance this week.

Nigeria’s financial outlook opened the month of July with an encouraging sign as the naira recorded a slight appreciation against the United States dollar, accompanied by a modest but meaningful rise in the country’s external reserves.

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