Nigeria recorded total foreign exchange (FX) inflows of $109.86 billion in 2025, representing a 13.81% increase from $96.53 billion recorded in 2024.
- +CBN: Nigeria’s FX inflows hit $109.9 billion as autonomous sources drive growth
This is according to the Central Bank of Nigeria (CBN) in its 2025 Annual Report and Statement of Accounts.
This is according to the Central Bank of Nigeria (CBN) in its 2025 Annual Report and Statement of Accounts.
The apex bank said aggregate FX outflow also increased during the year, rising by 27.83% to $49.05 billion from $38.37 billion, resulting in a net FX inflow of $60.81 billion, compared with $58.16 billion in 2024.
The CBN said the increase in total FX inflow was mainly driven by autonomous sources, which accounted for 64.21% of total inflows in 2025.
The bank said inflows through autonomous sources rose by 25.12% to $70.54 billion from $56.38 billion in 2024, while inflows through the CBN declined slightly.
The decline in CBN inflows was attributed mainly to lower receipts from government debt and FX swaps.
Autonomous FX inflows increased largely due to higher non-oil export receipts and over-the-counter purchases, particularly capital importation.
The economy recorded a net inflow of $54.28 billion through autonomous sources, compared with $50.24 billion in 2024, while the CBN recorded a net inflow of $6.52 billion.
The CBN said the increase in overall net FX inflow reflected the stronger contribution of autonomous sources to foreign exchange liquidity during the year.
FX outflows also increased in 2025, with autonomous channels recording the sharpest rise during the period.
The transport, mineral and agricultural sectors accounted for 3.78%, 1.04% and 1.00%, respectively, of FX utilised for visible imports.
The latest CBN data shows that autonomous sources became an increasingly important channel for FX inflows into Nigeria in 2025, accounting for nearly two-thirds of total inflows.
Nairametrics previously reported that data released by the National Bureau of Statistics show Nigeria attracted a total capital importation of $11.1 billion in the second and third quarters of 2025.
The agency also reported that Nigeria recorded a total capital importation of $6.44 billion in the fourth quarter of 2025.
