FX Inflow Rises by 20.62% as CBN's Share Declines   The Nigerian economy recorded a rise in foreign exchange inflow during the fourth quarter of 2024, according to the latest Central Bank of Nigeria (CBN) Economic Report. The report revealed that total foreign exchange inflow rose by...

Foreign Currency Inflows Dropped To $1.83bn In 2020   The Central Bank of Nigeria (CBN) has disclosed that it recorded a significant reduction in the volume and cost of foreign exchange procurement in 2020, the year of COVID, when the entire world was on lockdown and...

Fed Govt Targets $18bn FX Inflow From Cassava Export   The federal government at the weekend stated that when fully harnessed, Nigeria has the capacity to generate as much as $18 billion from the export of its estimated 45 million metric tonnes cassava products every year. The...

N5trn Inflow From Fixed Income To Boost Equities Rally       Despite the reappearance of the bears in the local bourse last week, equities analysts have said that the market will maintain its positive posture in the near future given the expected inflow of N5 trillion from...

N490.4bn Inflow To Lift Interbank Liquidity       The interbank money market will enjoy liquidity boost of N490.4 billion from matured treasury bills (T-bills) this week, even as the naira weakened last week depreciated despite foreign exchange (FX) sales resumption. Activity in the bonds market would also be...

Nigeria’s Capital Inflows Increased By $7.3bn In 2017 – NIPC     The Nigeria Investment Promotion Commission (NIPC) has indicated that the country’s actual capital inflows grew by $7.3 billion dollars in 2017 to stand at $12.4 billion from the $5.1 billion dollars recorded in 2016. The NIPC...