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NIGERIA'S FOREIGN EXCHANGE INFLOW
The Nigerian naira experienced a slight strengthening against the US dollar on Friday, as shown by gains in both the official and parallel foreign exchange markets. The Naira rose from N1,552 per dollar on Thursday to N1,545/$ in the parallel market.
Non-bank corporates have surpassed foreign portfolio investors (FPIs) for two consecutive weeks, indicating improved investor confidence and a 24 percent increase in foreign exchange inflows into the country for July 2025, according to data from FMDQ.