Forex inflow rises 36.5% to $33.76bn in five months

By Elizabeth Adegbesan

Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25).

The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, improve liquidity and attract more inflows through both official and autonomous channels.

Breakdown of data from the CBN’s monthly economic reports for the review period showed that aggregate forex inflow increased by eight percent to $50.05 billion in 5M’26 from $46.34 billion in 5M’25.
However, forex outflow declined by 24.6 perce...