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Foreign currency inflow into Nigeria hits $5.15bn in October

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Foreign currency inflow into Nigeria hits $5.15bn in October

10 Nov, 2025

Nigeria has recorded high foreign inflows of $5.15 billion in October 2025, according to data from the FMDQ platform. The FX inflow record for last month was up by 62.2% above September’s record, reflecting foreign portfolio investors’ (FPIs’) participation at six open market operations (OMO) conducted by the Apex Bank. It would be recalled that the Central Bank of Nigeria (CBN) floated six OMO bills auctions where more than N7 trillion was raised from local deposit money banks (DMBs) and foreign investors the core eligible actors............................….......READ MORE