Nigeria’s economic recovery remains on a strong and sustained path, according to recent data from the Central Bank of Nigeria (CBN).

The country’s foreign reserves have risen to US$46.7 billion, the highest in nearly seven years, reflecting renewed investor confidence and improved foreign exchange management. Foreign capital inflows reached US$20.98 billion between January and October 2025, marking a 428% increase compared to total inflows in 2023. Microfinance lending grew by over 14% in 2025, expanding access to finance for small businesses, boosting job creation, and increasing incomes across communities.

Wale Edun and CBN Governor Cardoso emphasized the government’s commitment to policies that strengthen economic stability, expand opportunities for citizens, and attract further investment into the country.