Nigeria's netforeign exchange inflow rises 11% to $66.23 billion

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Nigeria’s net forex inflow rises 11% to $66.23bn

•Net inflow through CBN falls 18%

By Elizabeth Adegbesan

Nigeria recorded an 11.4 percent year‑on‑year (YoY) increase in net foreign‑exchange inflow in 2025, reaching $66.23 billion compared with $59.44 billion in 2024.

Analysis of data from the Monthly Economic Bulletin with Statistical Data of the Central Bank of Nigeria (CBN) indicated that the rise in net forex inflow was driven by a 116.7 percent surge in foreign‑exchange inflows, which outpaced an 18 percent increase in outflows.

According to the CBN, foreign‑exchange inflows grew to $211.6 billion in 2025, up from $97.64 billion the year before.

Conversely, foreign‑exchange outflows rose 18 percent YoY to $45.13 billion in 2025, up from $38.24 billion in 2024.

Trend analysis showed that net inflows fell 4.14 percent quarter‑on‑quarter (QoQ) to $14.57 billion in the second quarter of 2025 (Q2’25) from $15.2 billion in Q1’25.

The data also revealed that net foreign‑exchange inflow increased in Q3’25 by 22.5 percent to $17.86 billion, relative to the Q2’25 figure.

The upward trajectory continued in Q4’25, with net foreign‑exchange inflow rising 4.2 percent to $18.61 billion.

The report showed that net forex inflow from autonomous sources grew 18.2 percent to $60.1 billion in 2025, up from $50.85 billion in 2024.

However, net inflow through the CBN declined 18.07 percent to $6.6 billion in 2025, down from $7.99 billion in 2024.

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