Forex inflow dropped to $14bn as remittances surge in Q3 – CBN

Nigeria’s foreign exchange inflows decreased by 2.97% in the third quarter of 2024, totaling $14.46 billion, down from $14.89 billion in the second quarter. This data was revealed in the Central Bank of Nigeria’s third-quarter economic report released on Friday. Despite the quarter-on-quarter decline, foreign exchange inflows showed significant improvement compared to the same period…

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