Foreign exchange (FX) inflows into Nigeria’s official market declined by about 33% week-on-week to $1.1 billion, according to a new market update released by Coronation Merchant Bank Limited. The report, published on Monday by the bank’s research division, revealed that dollar inflows through the Nigerian Foreign Exchange Market (NFEM) fell from $1.64 billion the previous … Continue reading Nigeria’s FX Inflows Drop 33% As Investor Demand Remains Strong