Foreign Portfolio Investors (FPIs) have dominated foreign exchange (FX) inflows in the past six weeks, overtaking exporters, non-bank corporates, and even the Central Bank of Nigeria (CBN), reflecting sustained foreign investor interest in the economy.
Last week, the FX market recorded total inflows of $1.03 billion, with FPIs contributing the highest share at 36.98 percent for the sixth consecutive week. This was followed by non-bank corporates with 27.56 percent, exporters with 22.39 percent, and others accounting for 13.06 percent. The CB
