Nigeria’s forex inflows surge 68% in first half of 2024 ~CBN

Nigeria’s economy witnessed a significant boost in foreign exchange inflows during the first half of 2024, with net inflows rising by 67.8% year-over-year (YoY) to $27.6 billion. The increase was primarily driven by a surge in autonomous inflows and a turnaround in Central Bank of Nigeria (CBN) interventions. According to data from the CBN, net … Continue reading Nigeria’s forex inflows surge 68% in first half of 2024 ~CBN