Tag: FMDQ
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Naira depreciates more as dollar sales decline by 30.05%
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...
FX market turnover falls by 27.68% to $9.12 billion in April – FMDQ Reports
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%...
FX spot market Report: March’s turnover totaled $12.61 billion
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...
FMDQ secondary market reaches N35.8 trillion, with a 70.2% increase in turnover
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...
CPs quoted on FMDQ saw a 112% increase in value in just one month
The entire value of commercial papers (CPs) quoted on the FMDQ Securities Exchange in November 2023 is 77.4 billion, a 112 percent (40.89 billion)...
