Nigeria recorded a net foreign exchange (FX) inflow of $15.20 billion in the first quarter of 2025, reflecting a stronger FX position driven by sustained market reforms and rising investor and diaspora confidence.
The latest data, presented at the Nigerian Investor Forum held on the sidelines of the ongoing Spring Meetings of the International Monetary Fund and World Bank in Washington DC, shows that FX inflows rose to $28.92 billion in Q1 2025, while outflows stood at $13.72 billion, reflecting improved liquidity conditions amid evolving policy shifts.
The Q1 net position marks an improvement over Nigeria’s net forex inflow recorded in the same period of 2024, indicating growing traction in the country’s ongoing foreign exchange liberalisation efforts.
Read more at Nairametrics
The latest data, presented at the Nigerian Investor Forum held on the sidelines of the ongoing Spring Meetings of the International Monetary Fund and World Bank in Washington DC, shows that FX inflows rose to $28.92 billion in Q1 2025, while outflows stood at $13.72 billion, reflecting improved liquidity conditions amid evolving policy shifts.
The Q1 net position marks an improvement over Nigeria’s net forex inflow recorded in the same period of 2024, indicating growing traction in the country’s ongoing foreign exchange liberalisation efforts.
Read more at Nairametrics