Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42bn mark for the first time since September 2019. Latest data from the Central Bank of Nigeria show that reserves stood at $42.03bn on September 19, 2025, representing a significant rebound from earlier lows this year and providing renewed optimism for the nation’s foreign exchange stability.
The latest figure marks a new 72-month peak and underscores the steady improvement in Nigeria’s reserve position since July, when the stock fell to its lowest point in 2025.
Compared with the $41.99bn recorded a day earlier, the September 19 figure reflects an increase of $40m. It also represents a substantial gain from the $41.42bn level recorded at the beginning of September.