BREAKING: Nigeria’s Net Reserves Surge to $34.80 Billion by December 2025 – CBN
Nigeria’s external financial position has recorded a dramatic turnaround, with net foreign exchange reserves rising to $34.80 billion as of December 2025, according to figures released by the Central Bank of Nigeria (CBN). The development marks a significant improvement compared to 2023, when the country’s net reserves were reported at about $3 billion.
The latest data from the Central Bank of Nigeria indicate that sustained policy reforms, improved foreign exchange management, and stronger inflows have contributed to the sharp rise in reserves. Analysts say the increase reflects a combination of higher oil earnings, renewed investor confidence, diaspora remittances, and tighter monetary controls aimed at stabilising the naira.
The surge represents one of the most notable reserve recoveries in recent years and signals a strengthening of Nigeria’s external buffers. Economists note that healthier reserves enhance the country’s ability to meet external obligations, support the local currency, and absorb potential global economic shocks.
The improvement also comes amid broader economic reforms targeted at restoring macroeconomic stability. Financial experts suggest that maintaining the upward trend will depend on continued fiscal discipline, consistent foreign exchange policies, and sustained inflows into the economy.
The announcement has generated widespread reactions across the country, with many Nigerians describing the growth as a major milestone in the nation’s economic recovery efforts.
