Nigeria’s FX Market Update Q1,2025

The Nigeria FX Market Update for Q1 2025, prepared from the Central Bank of Nigeria’s latest Statistical Bulletin. Summary Key Highlights Strong inflow performance but faster outflow growth Total FX inflows rose 19.3% YoY to $29.06 bn, while outflows increased 34.6% YoY to $13.91 bn, reflecting stronger FX demand pressures. Private market driving FX turnover Autonomous inflows contributed […]