Net FX earnings drop to $4.8bn in January on reduced CBN inflows

Share

.As naira holds steady at official market


Net foreign exchange inflows into the Nigerian economy declined to $4.79 billion in January 2025, down from $5.01 billion recorded in December 2024, representing a 4.4 percent drop, according to the latest data released by the Central Bank of Nigeria (CBN).


The CBN attributed this decline to reduced inflows through its own channels, even as total foreign exchange inflows into the economy also dipped.

Read more

Local News