The Central Bank of Nigeria (CBN) disclosed this in its Q1 2026 Quarterly Economic Report, attributing the increase to higher inflows from autonomous sources. The apex bank said aggregate forex inflow rose by 13.26 per cent to $31.34 billion in Q1 2026 from $27.67 billion in the preceding quarter. It added that forex outflow declined by 11.78 per cent to $11.01 billion from $12.48 billion recorded in Q4 2025. Consequently, autonomous sources recorded a net forex inflow of $17.53 billion in Q1 2026, compared with $11.71 billion in Q4 2025. The report also showed that the CBN recorded a net forex inflow of $2.80 billion during the quarter, lower than the $3.48 billion recorded in the preceding quarter.