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Forex Inflow Hits $10.7bn In Two Months – CBN

Forex Inflow Hits $10.7bn In Two Months - CBN Nigeria recorded $10.7bn aggregate foreign exchange inflow into the economy in April and May, figures obtained from the Central Bank of Nigeria (CBN) have revealed. The CBN disclosed this in its May economic report on foreign exchange...

Economic Crisis Worsens As Forex Inflows Drop By $9.58bn

Economic Crisis Worsens As Forex Inflows Drop By $9.58bn   Foreign exchange inflows into the economy declined in the fourth quarter of 2021, owing to lower receipts from the Central Bank of Nigeria and autonomous sources. This is an indication of a worsening crisis for a forex-strapped...

In Three Months, Forex Inflow Through CBN Hits $6.97bn

In Three Months, Forex Inflow Through CBN Hits $6.97bn           Foreign exchange inflow through the Central Bank of Nigeria in the third quarter of 2020 stood at $6.97bn. The CBN disclosed this in the third quarter economic report. It said, “Foreign exchange inflow through the Central Bank of...

Nigeria’s Forex Inflow Hits $21bn In Q3

Nigeria’s Forex Inflow Hits $21bn In Q3       The total amount of foreign exchange inflow into the economy in the third quarter of 2020 stood at $21.46 billion, according to data from the Central Bank of Nigeria (CBN). The CBN, in its third quarter economic report said...

Forex Inflow Declined By $2.43bn To $9.72bn In April

Forex Inflow Declined By $2.43bn To $9.72bn In April     Nigeria’s foreign exchange (forex) inflow dropped by 25 per cent to $9.72 per cent in April, from the $12.15 billion recorded in March, according to a report by the Central Bank of Nigeria (CBN). The apex bank,...

CBN Recorded $11.69bn Forex Inflow In Q3, 2019

CBN Recorded $11.69bn Forex Inflow In Q3, 2019   Central Bank of Nigeria says it recorded a total of $11.69bn foreign exchange inflow in the third quarter of 2019. The amount, it stated, showed a decline of 6.7 per cent over what it recorded in the previous...