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Nigeria recorded $63.82 billion in foreign exchange inflows in the first half of 2026, up 12.7 per cent year-on-year, while forex outflows declined sharply to $19.98 billion. Nigeria’s foreign exchange inflows rose to $63.82 billion in the first half of 2026, representing a 12.7 per cent increase from $56.62 billion recorded during the same period of 2025, according...
Key takeaways
- Nigeria recorded $63.82 billion in foreign exchange inflows in the first half of 2026, up 12.7 per cent year-on-year, while forex outflows declined sharply to $19.98 billion.
- Nigeria’s foreign exchange inflows rose to $63.82 billion in the first half of 2026, representing a 12.7 per cent increase from $56.62 billion recorded during the same period of 2025, according to data from the Central Bank of Nigeria’s Quarterly Statistical Bulletin.The improvement was accompanied by a sharp reduction in forex outflows, which declined by 25.5 per cent to $19.98 billion from $26.85 billion in the first half of last year.
- The combination of stronger inflows and lower outflows points to an improvement in the country’s foreign exchange position during the period.A breakdown showed that autonomous sources remained the largest contributor to forex supply, with inflows rising 18.7 per cent to $45.5 billion from $38.3 billion.
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Nigeria recorded $63.82 billion in foreign exchange inflows in the first half of 2026, up 12.7 per cent year-on-year, while forex outflows declined sharply to $19.98 billion. Nigeria’s foreign exchange inflows rose to $63.82 billion in the first half of 2026, representing a 12.7 per cent increase from $56.62 billion recorded during the same period of 2025, according...
Who published this story?
Glow 99.1 FM published this story with Babatunde Ademola Fadewo listed as author.
When was it published?
October 15, 2026
