Foreign Exchange Inflow Slows On Global Uncertainty

Leadership | 07-05-2025 08:01pm |

Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) slowed in April, reflecting the impact of the ongoing tariff war and global uncertainties on foreign investor appetite. According to data from FMDQ, total forex inflows declined by 5.7 per cent month-on-month to $3.67 billion, down from $3.90 billion in March. The downturn was driven [...]

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