Nigeria’s non-oil exports helped drive autonomous foreign exchange (FX) inflows to $70.54 billion in 2025, according to the Central Bank of Nigeria (CBN).

The CBN, in its 2025 Annual Report and Accounts, said autonomous FX inflows increased by 25.1 percent from $56.38 billion in 2024, accounting for 64.2 percent of the country’s total foreign exchange receipts of $109.86 billion during the year.

The apex bank attributed the growth to stronger earnings from non-oil exports and increased over-the-counter foreign exchange purchases, particularly capital importation.

Meanwhile, FX inflows through the CBN declined by 2.1 percent to $39.32 billion, representing 35.8 percent of total receipts. The drop was linked to lower inflows from government debt and foreign exchange swap transactions.

The report noted that ongoing reforms, including the willing buyer-willing seller framework and the Nigeria Foreign Exchange Code, have encouraged greater participation in the foreign exchange market outside official channels.

Overall, Nigeria recorded net foreign exchange inflows of $60.81 billion in 2025, up from $58.16 billion in 2024, with autonomous sources contributing $54.28 billion of the total net inflows.