Non-Oil Exports Drive Nigeria’s Autonomous FX Inflows to $70.54bn in 2025. Higher earnings from non-oil exports boosted Nigeria’s autonomous foreign exchange (FX) inflows to $70.54 billion in 2025, reinforcing the growing contribution of non-oil sectors to the country’s external earnings, according to the Central Bank of Nigeria (CBN).The apex bank disclosed this in its 2025 Annual Report and Accounts, which showed that autonomous FX inflows rose by 25.12 per cent from $56.38 billion recorded in 2024.According to the report, autonomous inflows accounted for 64.21 per cent of Nigeria’s total foreign exchange receipts of $109.86 billion during the year, making them the largest source of foreign exchange supply.The CBN attributed the increase primarily to stronger non-oil export earnings and higher over-the-counter foreign exchange purchases, particularly through increased capital importation.
The report further stated that autonomous sources continued to dominate Nigeria’s foreign exchange market as ongoing reforms encouraged greater participation outside official channels, improving liquidity in the FX market.The development highlights the increasing importance of non-oil exports in diversifying Nigeria’s economy and reducing dependence on crude oil revenue, while reflecting the positive impact of recent foreign exchange market reforms.
Joseph Akwagiobe is a media contributor from Cross River State, Nigeria, currently based in Abuja. He is a graduate of Microbiology and has earned several professional certifications across diverse fields, reflecting his commitment to continuous learning, professional growth, and excellence.