₦airaland Forum

Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025, up from $7.43 billion recorded in 2024, according to data from the Central Bank of Nigeria (CBN).

The figures were contained in the apex bank’s 2025 Statistical Bulletin and represent an increase of about $1.51 billion in annual foreign exchange supply.

Monthly figures showed that supply remained relatively low at the beginning of 2025 before rising significantly in March and April.

FX supply stood at $590.64 million in January and $607.63 million in February. It then climbed to $1.04 billion in March before reaching its highest monthly level of $1.65 billion in April.

However, supply declined in the following months, falling to $838.93 million in May and $676.31 million in June. It recovered slightly to $759.02 million in July before dropping to $677.84 million in August and $399.80 million in September.

October recorded the lowest monthly figure for the year at $150.10 million. Supply later recovered to $638.38 million in November and $910.73 million in December.

The CBN also reported that total foreign exchange inflows into Nigeria rose from $96.53 billion in 2024 to $109.86 billion in 2025, representing a 13.81 per cent increase.

However, foreign exchange outflows also increased during the period, rising by 27.83 per cent from $38.37 billion to $49.05 billion.

As a result, Nigeria recorded a net foreign exchange inflow of $60.81 billion in 2025, compared with $58.16 billion in 2024.

The CBN data, however, do not provide a detailed breakdown of the sources of the $8.94 billion supplied during the year.

The increase in FX supply comes amid continued efforts to improve liquidity and stability in Nigeria’s foreign exchange market, although the market remained volatile in 2026.

joseph032:
That 20.5% increase is good news, but ₦8.94bn for a $400bn economy is still tiny.
Not really bad if you ask me.

Klington:
Tinubu and his clueless team have no idea of how much damage they are causing Nigeria.

ironheart:
Increased because family members are begging loved once to send money to them due to the heavy financial difficulties at home

Manymanymen:
CBN can celebrate a 20.5% increase in FX supply on paper, but these billions mean nothing to ordinary Nigerians struggling to eat or businesses forcing to lock their gates. You can’t feed a family with a statistical bulletin.
A net inflow of $60.81 billion means nothing when food, fuel, and transport costs are skyrocketing. Worse, FX supply choked from $1.65 billion in April to just $150.10 million in October, making it impossible for local SMEs to plan or survive.
With outflows jumping 27.83%, wealth and multinationals are fleeing. Local factories are shutting down daily due to high interest rates and bad economic ideas. Stop bragging about boardroom stats while the common citizen drowns.

Klington:
Tinubu and his clueless team have no idea of how much damage they are causing Nigeria.

nduchucks:
If the FX supply has increased by 20%, may I ask why the $ to Naira exchange rate remains woefully weak. Black market rates are still almost $1 / 1390 naira?

Voodoo economics is what this is called.

Lithiumite:
Did those fx flows grow out of thin air,isn't it nigerians that are generating and driving the market.........there can't be much significant impact on the pocket of your common man if your state gov doesn’t provide good quality and affordable healthcare and education,tinubu already did his with NELFUND and free vocational education and allowances to students.......cancer and kidney centers in the 6 zones of the country to make its treatment more affordable.

You can't feel the impact if your givs don't invest heavily in agric to guarantee food security and making food cheaper......mind u, the govs own the land.

Cheap transportation by enabling CNG and EV stations accessibility in their states,what stops a state from getting 2 or 3 CNG stations per LGA,its even something LGAs can do......this can help ameliorate the high cost of transportation.

Those red buses you see in london are owned by the london city transport and not the uk govt,same applies to many other cities even Emirates is owned by dubai and not the UAE.

Lithiumite:
As big as India is,foreign remittances forms a major chunk of their forex inflows,same for the bangladesh your obi said he wants to copy.

Lithiumite:
Did those fx flows grow out of thin air,isn't it nigerians that are generating and driving the market.........there can't be much significant impact on the pocket of your common man if your state gov doesn’t provide good quality and affordable healthcare and education,tinubu already did his with NELFUND and free vocational education and allowances to students.......cancer and kidney centers in the 6 zones of the country to make its treatment more affordable.

You can't feel the impact if your givs don't invest heavily in agric to guarantee food security and making food cheaper......mind u, the govs own the land.

Cheap transportation by enabling CNG and EV stations accessibility in their states,what stops a state from getting 2 or 3 CNG stations per LGA,its even something LGAs can do......this can help ameliorate the high cost of transportation.

Those red buses you see in london are owned by the london city transport and not the uk govt,same applies to many other cities even Emirates is owned by dubai and not the UAE.

Apcshit:
God punish the bringer of this news

Lithiumite:
As big as India is,foreign remittances forms a major chunk of their forex inflows,same for the bangladesh your obi said he wants to copy.

wellmax:
This one is still talking about black market. Black market is non existent unless you decide to patronise them.

Klington:
Tinubu and his clueless team have no idea of how much damage they are causing Nigeria.

wellmax:
You have the full idea, tell us.

firearcher:
Sadly this is Nigeria. Many really have been conditioned to think the Presidency/Abuja is the alpha and omega and the state/local government contributes nothing.
The thing is it does not eventually matter who is in the presidency, if the state and local government continues to underperform, the effort at the center will not be felt.