Forex Inflow Rises 62% To $5.96bn In May
[Leadership - Nigeria] - 9/06/2025
Foreign exchange inflows into Nigeria surged by 62 per cent month-on-month (m/m) to $5.96 billion in May, as the naira appreciated further to N1,551/$ on the back of increased investor confidence and strong domestic participation in the forex market. Data from FMDQ Exchange showed that the sharp (…)
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