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NIGERIA EXTERNAL RESERVES
Nigeria’s current account surplus surged to $5.28 billion in the second quarter of 2025, up from $2.85 billion in Q1, reflecting stronger external sector resilience and improved foreign exchange inflows.
Nigeria’s external reserves climbed to $42.03 billion on September 19, 2025, marking the highest level since late September 2019 and setting a six-year (72-month) peak.
Nigeria’s president Muhammadu Buhari is on track to leave an external reserve of about $36 billion going to Nairametrics projections
The external reserves grew from $33.42 billion on April 29th 2020 to about $36.00 billion in May 2020 which is enough to finance seven months of import commitments.
Nigeria’s external reserves have continued to drop in recent weeks and officially slipped below $45 billion, the height it climbed just barely two months ago
Data released by the Central Bank of Nigeria (CBN) on Monday has revealed that the country's external reserves increased by $155,627,865.63 to hit $45.2 billion in June 2019.
Nigeria's foreign reserves are a few millions away from a six month high of $45 billion, due to an uptick in crude oil prices and positive foreign portfolio investor sentiments.
Nigeria's foreign exchange reserves depleted by as much as $303 million over the past six weeks, data from the Central Bank of Nigeria (CBN) has shown.
Nigeria's External Reserve was $43,084,864,561 as at December 20th, 2018.
CBN data reveals the nation’s external reserves fell by $500 million in the past one week.
Nigeria's external reserve has dropped to $45 billion the lowest since March 21, 2018, when it was $45.3 billion....
Nigerian economy is still very fragile and is now falling from the post-recessional economic recovery it made, especially in the second, third and fourth quarters of 2017.