Foreign Exchange Inflows Rise 24% in July 2025 as Non-Bank Corporates Outperform Foreign Portfolio Investors
Nigeria’s foreign exchange (FX) market witnessed a notable surge in inflows during July 2025, driven primarily by increased activity from non-bank corporate entities. Data from the Central Bank of Nigeria (CBN) indicates that overall FX inflows grew by 24 percent compared to the previous month, highlighting a shift in the dynamics of foreign currency supply.