Nigeria’s FX demand jumps 91% to $50.93 billion, strongest in six years

NAIRAMETRICS | 09-09-2026 08:00am |

Nigeria's foreign exchange utilisation surged to $50.93 billion in 2025, the highest annual level since 2019, according to reports. This represents a 91% increase from the previous year, driven by heightened demand from importers and businesses. The significant rise underscores growing economic activity and foreign currency needs in the country.

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