Nigeria’s foreign reserve rises to $46bn Nigeria’s foreign reserves have risen to their highest level in seven years, reaching $46.7bn as of November 14, 2025, the Central Bank of Nigeria (CBN) announced on Tuesday. CBN Governor Olayemi Cardoso, represented by Deputy Governor for Economic Policy Dr. Muhammad Abdullahi, said the milestone marks the first time since 2018 that the country has attained such a robust reserve position. Speaking in Abuja at the 20th Anniversary of the Monetary Policy Department (MPD), he attributed the surge to renewed investor confidence, improved oil earnings,...