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Nigeria’s forex reserves hit $45 billion, highest in six years, due to oil gains, reforms, and capital inflows.
Nigeria’s foreign exchange reserves hit $45.04 billion by December 4, 2025—the highest in over six years—driven by stronger oil revenues, improved market reforms, and increased international inflows.
The Central Bank’s FX reforms, including a single market-determined rate and enhanced transparency, have narrowed exchange rate gaps, boosted investor confidence, and led to a 70% year-on-year rise in foreign capital inflows.
The current account surplus surged over 85% in Q2 2025, and non-oil exports grew 18% annually, supporting a 4.23% GDP growth rate—the fastest in four years.
Despite the naira weakening to N1,450.43 per dollar, reserves now cover over 10 months of imports, signaling improved economic resilience.
Las reservas de divisas de Nigeria alcanzaron los 45 mil millones de dólares, su nivel más alto en seis años, debido a las ganancias petroleras, las reformas y las entradas de capital.