Net foreign exchange inflows to Nigeria’s economy rose by 67.8% to $27.6 billion in the first half of 2024 from $16.44 billion in 2023.
This happened because of a 34.6% YoY increase in net inflows through autonomous sources and a 170% YoY increase in net forex inflow through the Central Bank
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.