…Naira steady despite sharp fall in current account surplus
Foreign direct investment into Nigeria surged by about 700 percent in the third quarter of 2025, even as foreign portfolio inflows declined sharply by 52.5 percent, underscoring a shift in the composition of capital inflows amid a softening current account position.
This was revealed in the provisional balance of payments report published by the Central Bank of Nigeria (CBN) on Monday, which also showed that the naira remained largely steady despite a significant narrowing
…Naira steady despite sharp fall in current account surplus
Foreign direct investment into Nigeria surged by about 700 percent in the third quarter of 2025, even as foreign portfolio inflows declined sharply by 52.5 percent, underscoring a shift in the composition of capital inflows amid a softening current account position.
This was revealed in the provisional balance of payments report published by the Central Bank of Nigeria (CBN) on Monday, which also showed that the naira remained largely steady despite a significant narrowing
