CBN reveals $5.52bn reserve growth as net position hits $34.8bn

The Central Bank of Nigeria, CBN, says the country’s gross and nett overseas reserves importantly improved astatine the extremity of 2025, reflecting stronger outer assemblage fundamentals and sustained argumentation reforms.

The CBN Governor, Olayemi Cardoso, who revealed this astatine the weekend, said the nett overseas speech reserves, arsenic astatine the extremity of December 2025, roseate to $34.80 billion.

This follows his disclosure astatine the post-Monetary Policy Committee, MPC, property briefing, past Tuesday, wherever helium revealed that the country’s gross outer reserves stood astatine $50.45 cardinal arsenic of February 16, 2026.

Cardoso stated that the figures emphasised the benefits of accrued transparency and credibility successful overseas speech management, boosting capitalist confidence, attracting stronger FX inflows, and improving reserve absorption practices aimed astatine preserving capital, ensuring liquidity, and supporting semipermanent sustainability.

In a connection by the Corporate Communications Department of the CBN, Cardoso said the betterment represents a important strengthening successful some the level and prime of Nigeria’s outer buffers implicit the past 3 years.