Private-sector FX outflows from Nigeria surged 165% to $16.3 billion in 2025, reshaping who controls dollars in Africa’s largest economy.

Autonomous sources accounted for the largest share of Nigeria’s foreign exchange inflows in 2025, as aggregate inflows into the eco...

The CBN report also stated that aggregate foreign exchange inflows into the economy rose to $109.86 billion in 2025 from $96.53 billion in the previous year.