Data from the FMDQ platform indicates that total forex inflows into Nigeria’s official market (NFEM) jumped by 53.3%, rising from $3.09 billion in December 2024 to $4.74 billion in January 2025. This increase was driven primarily by a sharp rise in foreign investments: With improved FX supply, the naira appreciated by 4.3% in January, strengthening … Continue reading Forex Inflows Surge By 53% to $4.74 Billion