Nigeria is facing renewed risk of capital outflows as escalating geopolitical tensions and global financial uncertainty drive investors toward safer assets, potentially weakening inflows into emerging...
Nigeria’s foreign exchange (FX) market recorded a significant improvement in liquidity in May with total inflows rising by 62.0 percent month-on-month (m/m) to $5.96 billion, up...
Foreign capital inflows into Nigeria rose sharply in January 2025 to their highest level in more than two years. The surge followed a sustained series of...
Trading activity on the Nigerian Exchange Limited (NGX) dipped in February 2025 as foreign portfolio transactions declined amid rising economic uncertainties. According to the latest Domestic...
Exporters and non-bank corporates contributed 64 percent of total dollar inflows into the Nigerian Foreign Exchange Market (NFEM) last week, surpassing all other sources, including the...
Nigeria’s capital inflows surged in October 2024 to $1.89 billion from the previous month of $0.40 billion. The surge was driven primarily by a boost in...
Following the Central Bank of Nigeria (CBN) policy of increased interest rates for foreign investors, Nigeria’s external reserves grew by $7.7 billion within 11 months from...
Nigeria’s foreign exchange (FX) market surged in turnover to ₦110.35 trillion in the first seven months of 2024. This increase represents a 171.46% growth from the...
Nigeria’s foreign exchange (FX) inflows have surged by 57% over the past year, signaling newfound stability for the Naira. Analysts attribute this growth to the Central...
Foreign investments in Nigeria’s manufacturing sector declined by 54% from $605 million in the second quarter of 2023 to a mere $279.5 million in the third...