Data from the Central Bank of Nigeria (CBN) has indicated that the net foreign exchange (FX) inflows into the economy increased by 65.7 percent year-on-year (YoY), reaching $46.92 billion during the first ten months of 2024 (10m’24).
The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023.
Aggregate forex inflow to the economy rose YoY by 41 percent to $79.8 billion in 10m’24 from $55.57 billion in 10m’23.
Read more at Leadership
The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023.
Aggregate forex inflow to the economy rose YoY by 41 percent to $79.8 billion in 10m’24 from $55.57 billion in 10m’23.
Read more at Leadership