Thursday's continued weakening of the naira on the official foreign exchange (FX) market was caused by a decline in dollar sales by market participants.
According...
The month-over-month (MoM) reduction in spot FX market turnover from March 2024 ($12,61 billion) to April 2024 ($9.12 billion, or N11.14 trillion) was 27.68%...
March 2024 saw a month-over-month (MoM) rise in spot foreign exchange (FX) market turnover of 47.66% ($4.07 billion) over February 2024 ($8.54 billion), to...
The FMDQ Securities Exchange's secondary market turnover was N35.8 trillion in December, up 28.49 percent (N7.94 trillion) month over month and 70.20 percent (N14.77...