Net foreign exchange (FX) inflow into the Nigerian economy decreased by 18.3 per cent, falling to $48.1 billion in the nine months ended September 2025, from $58.8 billion in the corresponding period of 2024, data from the Central Bank of Nigeria (CBN) show.

The decline stemmed from a 15 per cent year‑on‑year drop in total FX inflows, which fell to $83.71 billion in the nine‑month period, compared with $99.44 billion in the same period of the previous year. At the same time, FX outflows decreased by 12.2 per cent to $35.65 billion from $40.61 billion.

CBN data indicate that net FX flows through the central bank declined sharply by 62 per cent to $3.04 billion in the nine months under review, down from $7.99 billion in the same period of 2024.

Net flows through autonomous sources also dropped by 11.5 per cent to $45.02 billion from $50.85 billion.

On the inflow side, foreign exchange passages through the CBN fell by 30 per cent year‑on‑year to $28.72 billion from $40.15 billion, while autonomous FX inflows moderated by 6.8 per cent to $54.99 billion from $59.29 billion.

The report also showed that remittances from international money transfer operators (IMTOs), a component of autonomous supply, weakened over the period.

IMTO‑sourced foreign exchange inflows declined by 15.7 per cent to $3.22 billion from $3.82 billion in the nine months ended September 2025.

Despite the overall reduction in net FX inflow for the nine‑month timeframe, quarterly data revealed that net foreign exchange inflow rose by 20 per cent quarter‑on‑quarter in the third quarter of 2025, supported by a fall in FX outflows through the CBN, the central bank’s report stated.

The latest figures provide detail on foreign exchange movements in Nigeria’s economy, which are closely monitored by policymakers, investors and businesses for indications of external sector performance and currency market dynamics.