Nigeria's external reserves have risen 10.8% year-over-year to $45.28 billion. This growth reflects strengthening foreign exchange buffers.
Nigeria's external reserves have increased by 10.8% compared to the previous year, reaching $45.28 billion. This figure indicates that the country's foreign exchange buffers are strengthening. The data comes from a report highlighting positive developments in the nation's financial position as of December 31, 2025.
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The Nigerian stock market has reached a capitalization of N100 trillion, driven by reforms and collaboration. This milestone highlights strong performance in 2025 for the nation's financial markets.
Nigeria’s economic outlook gains support from rising global oil prices and stronger foreign exchange inflows, which are boosting the naira.
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The Central Bank of Egypt reported that the net foreign assets of the banking sector rose to about $23.732 billion in November 2025, up from $22.656 billion in October. This marks a $1.1 billion increase, or 5% monthly growth. The upward trend in net foreign assets has continued for the sixth consecutive month.
Egypt’s non-oil exports grew by 18% to $44.392bn in the first 11 months of 2025, helping to narrow the trade deficit by 12% to $30.346bn. Imports rose modestly by 4% to $74.738bn during the same period. Minister of Investment and Foreign Trade Hassan El-Khatib reviewed these figures from the General Organisation for Export and Import Control.
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Nigerian businesses anticipate a stronger naira and enhanced economic activity heading into 2026. This optimism stems from building confidence in the economy. The outlook reflects hopes for improved conditions after recent challenges.
Purchases of the U.S. dollar have lessened in South Korea following a surge late last year prompted by expectations of further Korean won weakening, industry sources said. The trend reversal stems from foreign exchange authorities' stabilization measures, including temporary capital gains tax exemptions.
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Budget Controller Margaret Nyakang’o has warned the government against excessive borrowing for development projects lacking direct economic or social benefits. In the first quarter of fiscal year 2025/26, Sh507.98 billion was used for debt repayments, up from Sh325.52 billion the previous year. Her report shows public debt rose to Sh12.04 trillion.