• Nigeria’s external reserves surpass $46 billion, 8-year high

    Nigeria’s external reserves hit surpassed $46 billion, 8-year high

    Nigeria’s external reserves have surpassed $46 billion, marking the highest level recorded in eight years.

    This milestone strengthens macroeconomic stability, supports the naira, enhances the country’s capacity to meet international obligations, and reinforces investor confidence.

    The achievement reflects the impact of ongoing economic reforms under the leadership of President Bola Ahmed Tinubu.

    Despite initial challenges, the reforms are yielding measurable and sustainable results, positioning Nigeria on a path of renewed financial strength and global credibility.

    The Federal Government remains committed to deepening reforms and sustaining economic recovery for long-term national prosperity.

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