Nigeria’s foreign portfolio inflows exceeded $1bn in February

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Nigeria’s foreign portfolio inflows exceeded $1bn in February
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The Central Bank of Nigeria (CBN) has revealed that the country's foreign portfolio inflows exceeded $1 billion in February 2024.

The Central Bank of Nigeria has revealed that the country's foreign portfolio inflows exceeded $1 billion in February 2024.This is after billions of dollars poured into Nigeria as the reforms instituted by President Ahmed Bola Tinubu’s administration have started paying off.

According to her, foreign investor demand for Nigerian assets and money sent home by citizens living abroad surged last month due to the reforms. “So, it’s indeed imperative to reform global governance to align with the realities of today’s world and to acknowledge the necessity for partnerships that ensure shared prosperity, inclusivity and sustainable development.

The Central Bank of Nigeria has revealed that the country's foreign portfolio inflows exceeded $1 billion in February 2024.

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