The Central Bank of Nigeria (CBN) has announced that the country recorded a $4.6 billion balance of payments (BoP) surplus in the third quarter of 2025, reflecting improved external sector performance and stronger foreign inflows.

According to the CBN’s Q3 2025 Balance of Payments report, the surplus was driven largely by increased foreign portfolio inflows, improved export earnings, and reduced import demand, supported by ongoing macroeconomic reforms and exchange rate adjustments.

The apex bank noted that Nigeria’s current and capital accounts recorded notable improvements, supported by higher crude oil exports, non-oil export growth, and stronger remittance inflows from Nigerians in the diaspora.

The report also highlighted a moderation in external debt servicing pressures and improved investor confidence, as reflected in increased participation in the Nigerian financial markets.

CBN stated that the positive balance underscores the impact of policy measures aimed at stabilizing the foreign exchange market, strengthening external reserves, and improving transparency in FX transactions.

Economic analysts say the development could help stabilize the naira, boost investor confidence, and provide fiscal breathing space for the Federal Government, though they caution that sustained reforms and fiscal discipline remain crucial for long-term stability.

The apex bank reaffirmed its commitment to policies that promote economic resilience, attract foreign investment, and support sustainable growth.