Nigeria’s foreign-exchange supply rises to $8.94bn in 2025
Nigeria’s foreign-exchange supply increased 20.5 per cent to $8.94bn in 2025, from $7.43bn in 2024, according to the Central Bank of Nigeria. Punch Nigeria reports the figures but the supplied material does not identify the components of supply, explain the reasons for the increase or describe its effect on the currency market.
Nigeria’s foreign-exchange supply rose to $8.94bn in 2025 from $7.43bn in 2024, according to figures attributed to the Central Bank of Nigeria and reported by Punch Nigeria. The increase represents a rise of 20.5 per cent between the two years. The supplied material gives the two annual totals and the percentage change, but does not break the figures down by source or type of foreign exchange.
It also does not explain what drove the increase, whether the figures refer to official market supply or provide information about demand during the period. No comment from market participants or other financial institutions is included. The figures show higher reported foreign-exchange supply in 2025 than in 2024.
The available report does not provide further information about the implications for Nigeria’s currency market or wider economy.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.