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NGX Sees Surge in Foreign Transactions, Hits N118.9bn

NGX Sees Surge in Foreign Transactions, Hits N118.9bn   Foreign portfolio transactions on the Nigerian Exchange Limited (NGX) surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn recorded in April 2025. The rise in foreign inflows, equivalent to about $74.97m...

Aggregate Forex Inflows Fall to $9.63bn

Nigeria’s total foreign exchange inflows fell to $9.63bn in January 2025, down from $10.17bn in December 2024, according to the latest Economic Report released by the Central Bank of Nigeria (CBN) on April 17.

Net Forex Inflows Hit $5.15bn In Two Months

Net Forex Inflows Hit $5.15bn In Two Months   The net foreign exchange inflows through the economy rose year-on-year (YoY) by 22 percent to $5.15 billion in the first two months of 2023 (2m’23) from $4.22 billion in the corresponding period of 2022. Data from the Central...

Total Inflows To I&E Window Hit $1.49bn In March

Total Inflows To I&E Window Hit $1.49bn In March   The Central Bank of Nigeria (CBN)’s non-oil exports repatriation rebate scheme appears to be yielding fruits as investigations reveal that inflows into the Investors and Exporters (I&E) window improved in the month of March. According to data...

Nigeria Received $8.4bn Investment Announcement Inflows In Q1, 2021

Nigeria Received $8.4bn Investment Announcement Inflows In Q1, 2021       Nigeria received about $8.4b investment announcement inflows in quarter one (Q1) 2021, Executive Secretary of the Nigerian Investment Promotion Commission (NIPC) Yewande Sadiku has said. Sadiku disclosed this during a media briefing with journalists on the highlight...

Foreign Investment Inflows Drop By N28.57bn

Foreign Investment Inflows Drop By N28.57bn     Nigeria’s foreign investment inflow was N28.57bn lower than the foreign investment outflows as of the end of the first half of 2019. The Central Bank of Nigeria disclosed in its half- year report on market turnover that this was attributable...