Nigeria’s net foreign exchange inflow rose to $17.39 billion in Q4 2024, driven by strong foreign investments, remittances, and export earnings. Total forex inflows grew by 20.62% to $27.81 billion, with autonomous inflows surging by 47.55% to $16.27 billion.
Meanwhile, inflows through the CBN dropped slightly by 4.05% to $11.54 billion, possibly due to lower remittances and foreign investments. Forex outflows also increased by 31.37% to $10.42 billion, with CBN outflows rising 22.98% and autonomous outflows jumping by 129.59%.
Overall, net The inflow improved by 14.99%, reflecting stronger liquidity in the market. The CBN expects sustained investment inflows to support economic stability in 2025.
