Nigeria has recorded its strongest improvement in foreign exchange (FX) accessibility in years, climbing 15 places to rank fourth among African economies where international investors can most easily deploy and repatriate capital, according to the Absa Africa Financial Markets Index 2025.
The report, released recently, attributes Nigeria’s leap to sweeping FX reforms introduced by the Central Bank of Nigeria (CBN) over the past year, including the unification of multiple FX windows, clearance of a $7 billion backlog in outstanding FX obligat
