Nigeria's Forex Inflows Hit $109.9bn in 2025, CBN Reports

In 2025, Nigeria's foreign exchange inflows totaled $109.86 billion, marking a 13.81% increase from $96.53 billion in 2024, as reported by the Central Bank of Nigeria (CBN) in its 2025 Annual Report and Statement of Accounts. The rise was primarily attributed to stronger autonomous foreign exchange inflows, particularly from non-oil exports and capital importation.

Total forex outflows also increased by 27.83% to $49.05 billion from $38.37 billion in 2024. Despite the rise in outflows, Nigeria achieved a net forex inflow of $60.81 billion, slightly up from $58.16 billion the previous year.

Autonomous sources contributed 64.21% of total forex inflows, with autonomous inflows rising by 25.12% to $70.54 billion. In contrast, inflows through the CBN decreased by 2.08% to $39.32 billion, accounting for 35.8% of total inflows.

Economic analysts, including Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, noted that these figures reflect increased investor confidence and stronger non-oil foreign exchange earnings.