FMDQ Foreign Exchange Turnover Falls 35.41% to $1.70 Billion as Spot Activity Slows
Total foreign-exchange turnover on the FMDQ market declined 35.41 per cent, or $930.18 million, to $1.70 billion in the week ...
Tag: FMDQ
Foreign Exchange Turnover Falls 30.23% as Spot and Derivatives Activity Decline
Trading in Nigeria’s foreign exchange market contracted sharply last week, with total turnover falling 30.23 per cent to $2,366.30 million ...
FMDQ Turnover Hits $180.85 Billion as Trading Volume Surge
The FMDQ Securities Exchange recorded a remarkable performance as total market turnover reached $180.85 billion, driven by a sharp increase ...
FMDQ Approves Listing of Lagos State’s N244.82 Billion Dual-Series Bonds Under N1 Trillion Programme
FMDQ Securities Exchange Limited has granted approval for the listing of Lagos State Government's two bond series totaling N244.82 billion, ...
Daily Forex Turnover on FMDQ Hits $294 Million, Highest in 2024
The daily average forex turnover on the FMDQ platform surged to $294 million in November, marking the highest figure recorded ...
Naira Plummets to N1,611 per Dollar, Lowest Since March
The exchange rate between the Nigerian naira and the US dollar fell to a four-month low of N1,611 on the ...
Naira Continues Depreciating Against Dollar in Official Forex Market Hitting N1509/$
The Nigerian naira witnessed a modest depreciation against the United States dollar in the authorized forex market on Monday, according ...
Naira Falls to Lowest in 5 Weeks, Approaching N1,500/$1
The exchange rate between the naira and the dollar has dropped to a six-week low, closing at N1,490.2/$1 on Monday, ...
Foreign Exchange Market Turnover Drops by 27.68% to $9.12 Billion in April – FMDQ Reports
The foreign exchange market in Nigeria experienced a significant decline in turnover during the month of April 2024, according to ...
Naira Continuous Depreciation Calls for Monetary Reforms
In a recent turn of events, the Nigerian naira has shown signs of resilience against the United States dollar, registering ...
