HomeBusinessNon-oil exports drive autonomous FX inflows to $71bn

Non-oil exports drive autonomous FX inflows to $71bn

Higher earnings from non-oil exports helped push foreign exchange inflows from autonomous sources to $70.54bn in 2025, reinforcing the growing role of non-oil sectors in Nigeria’s external earnings, according to the Central Bank of Nigeria.

The CBN’s 2025 Annual Report and Accounts showed that autonomous foreign exchange inflows increased 25.12 per cent from $56.38bn in 2024. The inflows accounted for 64.21 per cent of Nigeria’s total foreign exchange receipts of $109.86bn during the year.

According to the apex bank, the increase was driven mainly by stronger non-oil export proceeds and higher over-the-counter foreign exchange purchases, particularly capital importation.

The report indicates that autonomous sources continued to dominate Nigeria’s FX supply as reforms in the foreign exchange market encouraged greater participation outside official channels.

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By contrast, inflows through the CBN declined 2.08 per cent to $39.32bn in 2025, representing 35.8 per cent of total FX inflows. The

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