Nigeria’s net foreign exchange reserves surged to $34.80 billion by end-2025, Central Bank Governor Olayemi Cardoso disclosed, marking a 50.58 percent rise of $11.69 billion from $23.11 billion in 2024. The figure—a 772.18 percent leap or $30.81 billion improvement from 2023’s $3.99 billion—exceeds 2023’s gross reserves of $33.22 billion, signaling robust external financial buffers after
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