Nigeria’s Forex Inflow Hits $55.5bn In Seven Months
The Central Bank of Nigeria (CBN) has disclosed that Nigeria recorded a foreign exchange inflow of $55.5billion within a seven-month period. It attributed the forex inflow to increased non-oil receipts and proceeds from Eurobonds, among other factors. The CBN’s economic reports, which made the disclosure, said Nigeria earned $18.3billion in the second quarter of 2021,…