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flag Nigeria’s forex reserves hit $45 billion, highest in six years, due to oil gains, reforms, and capital inflows.

flag 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. flag 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. flag 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. flag Despite the naira weakening to N1,450.43 per dollar, reserves now cover over 10 months of imports, signaling improved economic resilience.

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