Nigeria FX Utilisation Surges 74% to $16.2bn in Q1

FX utilisation jumps 74% to $16.2bn in Q1

Nigeria’s foreign exchange utilisation rose sharply to $16.2bn in the first quarter of 2026, representing a 74 per cent increase from the same period a year earlier, as improved dollar supply and greater currency stability boosted activity across the economy. The latest figures, contained in the Central Bank of Nigeria’s Quarterly Statistical Bulletin, show that Read More: https://punchng.com/fx-utilisation-jumps-74-to-16-2bn-in-q1/

By Punch Newspapers