National Economy
Wednesday, October 22, 2025
No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Energy
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Analysis
    • Money Guide
    • Growth
    • Sport Economy
News
National Economy
No Result
View All Result
  • Home
  • News
  • Lead-In
  • Energy
  • Economy
  • Tech
  • States & Politics
  • Commentary
  • Editorial
  • Data
  • Others

Nigeria’s FX Reserves Hit $41bn, Highest In Since 2021

by Ngozi Ibe
August 21, 2025
in Business, Economy
FX,CBN

YOU MAY ALSO LIKE

PTI CEO Cautions Africa Against Hastily Abandoning Fossil Fuels

Customs, Maritime Police, Clearing Agents Strengthen Collaboration To Boost Trade Facilitation

Nigeria’s foreign exchange (FX) reserves have risen to $41 billion as of August 19, 2025, representing the highest level since December 3, 2021.

Latest data from the Central Bank of Nigeria (CBN) show that the reserves grew by 3.69 per cent within 19 days, climbing from $39.54 billion on August 1 to $41 billion. This translates to an increase of about $1.46 billion month-to-date.

The build-up has been consistent since the start of August, with reserves advancing from $39.54 billion on August 1 to $39.99 billion on August 6. By August 7, the threshold of $40 billion was crossed, rising further to $40.5 billion on August 12 and eventually hitting $41 billion a week later.

On average, the nation’s reserves have grown by roughly $81 million daily in August, pointing to improved FX inflows relative to outflows. Analysts say this performance strengthens the CBN’s capacity to stabilise the naira in the official market, manage liquidity, and resist speculative pressures.

The steady accretion reflects renewed investor confidence and improved dollar inflows into the economy, bolstering the country’s external buffers at a time of heightened demand for foreign exchange.

Tags: CBN
ShareTweetShare

OTHER GOOD READS

PTI CEO Cautions Africa Against Hastily Abandoning Fossil Fuels
Business

PTI CEO Cautions Africa Against Hastily Abandoning Fossil Fuels

17 hours ago
Customs Arrests India-bound Passenger With $29,000 At Lagos Airport
Business

Customs, Maritime Police, Clearing Agents Strengthen Collaboration To Boost Trade Facilitation

17 hours ago
Business

RMAFC, FIRS Partner To Boost Federal Account Through Revenue Recovery Drive

17 hours ago
Next Post
Ethiopian Airlines Expands Abuja Operations

Ethiopian Airlines Expands Abuja Operations

© 2025 | National Economy Newspaper | All Rights Reserved

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Energy
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Analysis
    • Money Guide
    • Growth
    • Sport Economy

© 2025 | National Economy Newspaper | All Rights Reserved