Nigeria’s Forex Inpouring Hits $55.5bn

According to data obtained from the Central Bank of Nigeria (CBN), in seven months,  the country documented a foreign exchange inflow of $55.5bn. The rise in forex inflow was associated to increased non-oil receipts and dividend from Eurobonds, among other factors. The country earned $18.3bn in the second quarter of 2021, $30.2bn in the third … Continue reading Nigeria’s Forex Inpouring Hits $55.5bn