₦airaland Forum

Nigeria's Forex Reserves Hit Six-Year High, Crossing $45 Billion Mark

Nigeria's external reserves have surged past the $45 billion threshold for the first time in over six years, fresh data from the Central Bank of Nigeria (CBN) reveals.

The reserves now stand at $45.04 billion, a level last achieved on July 23, 2019, The CBN reports revealed that this milestone comes amid a rapid buildup, with the country adding nearly $5 billion to its coffers in recent months a stark contrast to the FX challenges plaguing many emerging markets.

Earlier reports highlighted reserves reaching $42.03 billion on September 19, 2025, the highest in 72 months.

https://x.com/Imranmuhdz/status/1997964208894275976

The economic reforms of this administration is yielding positive results.

We need to curb our borrowings and reduce waste especially in recurrent expenditures.

Nigeria would be great again!

Nigeria needs Peter obi

Pii11gghs go gruunntt tire today

$50B next target

Let’s remind ourselves that we celebrated it at $46.7 billion just 3 weeks ago. Now we’re celebrating it “at a new high” of $45 billion. That’s how shameless these Agbadorians are.

Good news.

FG is not just working, they are working smartly

Tinubu and his Laptops are deep in Taqyiyah

Na statistics we go chop? .
Go market and see as everywhere dry,people can’t even pay their shop rents talk more of buying more goods,December wey people dey anticipate now people dey lament some sef no go reach their various villages because of hardships,.
APC and their supporters na god wey go punish una.

DatNiggaDaz:


Tinubu and his Laptops are deep in Taqyiyah

their self deceit should be a case study

Good one. CBN Governor deserves a pat on the back.

givedemwotowoto:
Let’s remind ourselves that we celebrated it at $46.7 billion just 3 weeks ago. Now we’re celebrating a new high at $45 billion. That’s how shameless these propagandists are.

If shame no dey catch u, post your statement of account, make we see your balance.

Arda1000:
their self deceit should be a case study

Wetin concern u, na your money, e be like say the news pain u well well?

matify83:
The economic reforms of this administration is yielding positive results.

We need to curb our borrowings and reduce waste especially in recurrent expenditures.

Nigeria would be great again!

This is extremely ridiculous

We are making progress.

Curious345:
Nigeria needs Peter obi

Sorry. Peter Obi does not have anything to offer. What did he do as Anambra Governor. Even Soludo commended Tinubu on economy recovery.

Good news!

Some people no go happy because of this good news

A commendable achievement by the CBN.

Very welcome development

Burob:
If shame no dey catch u, post your statement of account, make we see your balance.

Are you normal?

Awesome!! CBN Governor Yemi Cardoso, you are doing great! God bless Nigeria for ever!

yemmight:
Sorry. Peter Obi does not have anything to offer. What did he do as Anambra Governor. Even Soludo commended Tinubu on economy recovery.

Tinubu is no better than peter obi.

Both men did not transform their states.

Even this milestone shows how broke and poor we are. Even at the peak of 60.billion dollars in 2009, Saudi had a reserve of 720 billion dollars or more.

The way you guys praise men who could not change their states at all, and expect them to raise our forex to at least 200 billion or more self and share money...is why we are broke.

Nigerians never asked tinubu or even obi and atiku what they would do differently. Instead na the same show we dey see. Every single time

nairalanda1:
Tinubu is no better than peter obi.

Both men did not transform their states.

Even this milestone shows how broke and poor we are. Even at the peak of 60.billion dollars in 2009, Saudi had a reserve of 720 billion dollars or more.

The way you guys praise men who could not change their states at all, and expect them to raise our forex to at least 200 billion or more self and share money...is why we are broke.

Nigerians never asked tinubu or even obi and atiku what they would do differently. Instead na the same show we dey see. Every single time

What's the name of your own governor since Tinubu and Obi are not good enough

Ttalk:
What's the name of your own governor since Tinubu and Obi are not good enough

That is what I am trying to tell you people, your leaders from state, to lga to federal government are all the same. Government of project by project for projects. Not government of actual development. Government of sharing money, not productivity.

This is impressive. It shows that the CBN is on the right track and that the economy is gradually stabilizing.

nairalanda1:
Tinubu is no better than peter obi.

Both men did not transform their states.

Even this milestone shows how broke and poor we are. Even at the peak of 60.billion dollars in 2009, Saudi had a reserve of 720 billion dollars or more.

The way you guys praise men who could not change their states at all, and expect them to raise our forex to at least 200 billion or more self and share money...is why we are broke.

Nigerians never asked tinubu or even obi and atiku what they would do differently. Instead na the same show we dey see. Every single time

Oga Tinubu transformed Lagos when he was here. The blueprint is still being followed.

yemmight:
Oga Tinubu transformed Lagos when he was here. The blueprint is still being followed.

No, he did not. He just built projects and left them with no means of funding for maintenance, and yes, that includes your railway

Also, Lagos needs a proper refuse and central sewage system. So far, nothing has been done.

Also, how many factories and investment in manufacturing did he attract to the state, to reduce unemployment? Was Lagos transformed into an exporting hub for the world?

And why is the tax to gdp today still a low 2.3%. And most people live in substandard housing and poverty?

Yes, same as Obi and all your governors.

They don't want to develop nigeria, they just want to be elected and then blow money.

nairalanda1:
No, he did not. He just built projects and left them with no means of funding for maintenance, and yes, that includes your railway

Also, Lagos needs a proper refuse and central sewage system. So far, nothing has been done.

Also, how many factories and investment in manufacturing did he attract to the state, to reduce unemployment? Was Lagos transformed into an exporting hub for the world?

And why is the tax to gdp today still a low 2.3%. And most people live in substandard housing and poverty?

Yes, same as Obi and all your governors.

They don't want to develop nigeria, they just want to be elected and then blow money.

And yet no state can be compared to Lagos in Nigeria

yemmight:
And yet no state can be compared to Lagos in Nigeria

NO state should use lagos as example...because that means you want cities where the majority of people live in slums and shanty towns.

Lagos is a poor example of a developed state. Forget those shiny buildings in VI, Lekki, the Island and even in the mainland...outside that it is a big mess.

You guys are too satisfied with less, when you could have more and more.

nairalanda1:


NO state should use lagos as example...because that means you want cities where the majority of people live in slums and shanty towns.

Lagos is a poor example of a developed state. Forget those shiny buildings in VI, Lekki, the Island and even in the mainland...outside that it is a big mess.

You guys are too satisfied with less, when you could have more and more.

And yet Lagos is where every big Nigerian Artist prevail in entertainment business. Most of you are just too jelous of Lagos. Let me remind of one of the good things in Lagos. The biggest refinery in the world is in Indian. Dangote Refinery in Nigeria is the world's largest single-train facility (650,000 bpd) and plans expansion to become the world's largest. Dangote didn't just pick Lagos for this huge investment because he considered some States but this is where such business is viable. You called it slums, the biggest Billionaires stay in the slums. Have you heard about Eko Atlantic Project? Which State in Nigeria do have train transportation within? You dey wine us ni?

yemmight:
And yet Lagos is where every big Nigerian Artist prevail in entertainment business. Most of you are just too jelous of Lagos. Let me remind of one of the good things in Lagos. The biggest refinery in the world is in Indian. Dangote Refinery in Nigeria is the world's largest single-train facility (650,000 bpd) and plans expansion to become the world's largest. Dangote didn't just pick Lagos for this huge investment because he considered some States but this is where such business is viable. You called it slums, the biggest Billionaires stay in the slums. Have you heard about Eko Atlantic Project? Which State in Nigeria do have train transportation within? You dey wine us ni?

The truth is at the end, Lagos is a poor state

I can say the same about many states. Bauchi and Imo attracted big refinery deals. As did edo. See how broke they are.

The North has a thriving music and movie scene that even is known outside Nigeria. See how poor it is.

Why are you guys satisfied with less when you can have more? Lagos could have had far more than just one refinery and musicans. They could have had a lot of working industries that be exporting . And much better tourism than what they have now. And lower crime and no shanty towns and slums.

You and the obidients are alike. Justifying mediocrity because Dem build a few shiny things