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In 3yrs, Net Foreign Exchange Inflow Falls 56% to $3.2bn

In 3yrs, Net Foreign Exchange Inflow Falls 56% to $3.2bn Net foreign exchange (forex) inflow into the economy fell by 56 per cent to $3.2 million in February 2022 from $7.2 billion in February 2020. Economic Confidential analysis of data from the Central Bank of Nigeria,...

Net Foreign Exchange Inflow Drops By 31% To $21.8bn

Net Foreign Exchange Inflow Drops By 31% To $21.8bn   The members of the Central Bank of Nigeria’s, CBN, Monetary Policy Committee, MPC, have called on the apex bank to carry out a comprehensive review of the foreign exchange market operations in the country to determine...