BUSINESSTHE RIO TIMES
Nigeria Private FX Outflows Jump 165% to $16.3 Billion
Nigeria's private foreign exchange (FX) outflows surged by 165% to $16.3 billion in 2025, compared to $6.14 billion in 2024. In contrast, Central Bank of Nigeria (CBN)-mediated outflows grew modestly by 1.74% to $32.79 billion during the same period. Total FX inflows increased to approximately $109–112 billion in 2025 from about $96 billion previously.
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Adjacent reporting
- Currency in circulation rose to N5.73 trillion as FX inflows hit $109.86bn in 2025 – CBN
- Nigeria’s Capital Inflows Nearly Double to $10.37 Billion — But Most Is Hot Money
- Nigeria’s Stablecoin Surge Reshapes Cross-Border Payments for the Global South
- Nigeria’s external reserves rise to $52.5 billion, enough for 11 months’ imports
- Nigeria’s Reserves Hit a 17-Year High of $51 Billion
- Nigeria Naira Dollar Parallel Market Hits 1,407 per US$