US EditionAggregate Forex Inflows Fall to $9.63bn - Economic Confidential
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Aggregate Forex Inflows Fall to $9.63bn - Economic Confidential
Nigeria’s total foreign exchange inflows fell to $9.63bn in January 2025, down from $10.17bn in December 2024, according to the latest Economic Report released by the Central Bank of Nigeria (CBN) on April 17. The post Aggregate Forex Inflows Fall to $9.63bn appeared first on Economic Confidential.
Nigeria’s Aggregate Forex Inflows Fall to $9.63bn
Daniel Adaji Nigeria’s total foreign exchange inflows fell to $9.63bn in January 2025, down from $10.17bn in December 2024, according to the latest Economic Report released by the Central Bank of Nigeria (CBN) on April 17. This marks a 5.31 per cent drop in total forex receipts, signalling growing pressures on Nigeria’s external sector. The CBN noted that the decline was driven mainly by a sharp reduction in inflows through official channels. “N…
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