Nigeria’s foreign exchange reserves declined by $263.15 million to about $45.21 billion as of December 17, 2025, marking the first weekly drop in six months, according to data from the Central Bank of Nigeria (CBN).
The fall ended a 25-week streak of continuous accretion and followed several days of FX outflows. Analysts attribute the decline to seasonal year-end demand, weaker FX inflows, and official settlements that drew on external reserves.
Despite the setback, reserves remain well above earlier 2025 levels, reflecting months of sustained accumulation and providing a relatively solid buffer for the economy. Visit www.jocomms.com for more news.