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4Stone Capital Limited

Nigeria Is Using More Foreign Currency. What Should You Be Doing Differently?

Recent reporting shows that Nigeria’s foreign-exchange utilization reached $50.9 billion in 2025, its highest level in six years and a 91% increase from the previous year. The figure reflects the scale of foreign-currency demand moving through the economy, particularly from businesses with international obligations.

Understanding Debt Factoring for Nigerian Businesses

A business can have a signed contract, deliver the goods, issue an invoice and still be short of cash. This is one of the most important distinctions in business finance: revenue is not the same as liquidity. A sale may be profitable on paper, but the cash required to pay employees, replenish inventory, meet operating expenses or take on another contract may remain tied up in an unpaid invoice.