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Business & Economy

‎FMDQ records ₦551.23 trillion turnover in nine months

· ‎FMDQ Exchange turnover reached ₦551.23 trillion between January and September 2026, with FX trading taking 39.13 per cent.‎· ‎Stanbic IBTC, First Bank...

Business & Economy

‎Naira strengthens to ₦1,328.28 as FMDQ turnover drops 22%

‎• The naira appreciated 1.86 per cent to average ₦1,328.28 per dollar in September 2026.‎‎• FMDQ Exchange turnover fell 22.09 per cent month...

Business & Economy

‎Nigeria’s FX derivatives turnover plunges 41.59% in one week‎

Forward contract activity in Nigeria’s FX market took the hardest hit last week, with derivatives turnover nearly halving as demand for hedging instruments...

Business & Economy

‎FX spot transactions fall by $606.36 million week on week‎

The bulk of Nigeria’s dollar trading volume shrank last week, as spot market activity recorded its steepest weekly slide in recent data, according...

Nigeria’s FX market turnover jumps 146% in one week, FMDQ data shows‎

Dollar trading on Nigeria’s official FX window more than doubled week on week, as spot transactions surged past $5 billion even while forward...