Net Foreign exchange (forex) into the economy fell by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous month.
The Central Bank of Nigeria, CBN disclosed this in its monthly economic report for February 2026.
The CBN said: “Foreign exchange flows through the economy resulted in a net inflow of $6.92 billion, compared with $9.22 billion in January 2026.
“Aggregate foreign exchange inflow decreased to $9.43 billion, from $12.23 billion in January. Aggregate foreign exchange outflow also decreased to $2.50 billion, from $3.01 billion in the preceding month. “Foreign exchange inflow through the Bank (CBN) fell to $3.09 billion, from $4.66 billion in January 2026. Similarly, autonomous inflow fell to $6.34 billion, from $7.57 billion.
“Outflow through the Bank rose to $1.75 billion, from $1.57 billion in the preceding month. In contrast, autonomous outflow decreased to $0.75 billion, from $1.44 billion. Consequently, flows through the Bank and autonomous sources resulted in net inflows of $1.34 billion and $5.58 billion, respectively, compared with $3.09 billion and $6.14 billion in the preceding month.
“While highly positive, these figures represent a step down from the $3.09 billion and $6.14 billion recorded by the Bank and autonomous sources respectively in the preceding month, pointing to a cooling period in overall foreign capital activity.”
