Nigeria, April 24 -- Nigeria reported a significant improvement in its foreign exchange (FX) position in the first quarter of 2025, with a net FX inflow of $15.2 billion.

This milestone marks the impact of the Central Bank of Nigeria's (CBN) ongoing reforms, which aim to liberalize the foreign exchange (FX) market, restore investor confidence, and enhance overall market liquidity.

According to data unveiled during the Nigerian Investor Forum, held in conjunction with the IMF/World Bank Spring Meetings in Washington, D.C., total foreign exchange (FX) inflows into Nigeria increased to $28.92 billion in Q1 2025. During the same period, FX outflows stood at $13.72 billion, resulting in a strong net inflow that demonstrates growing market co...