Daily Forex Turnover on FMDQ Hits $294 Million, Highest in 2024
The daily average forex turnover on the FMDQ platform surged to $294 million in November, marking the highest figure recorded ...
Tag: FMDQ
Naira Plummets to N1,611 per Dollar, Lowest Since March
The exchange rate between the Nigerian naira and the US dollar fell to a four-month low of N1,611 on the ...
Naira Continues Depreciating Against Dollar in Official Forex Market Hitting N1509/$
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 $9.12 Billion in April – FMDQ Reports
The foreign exchange market in Nigeria experienced a significant decline in turnover during the month of April 2024, according to ...
Naira Continuous Depreciation Calls for Monetary Reforms
In a recent turn of events, the Nigerian naira has shown signs of resilience against the United States dollar, registering ...
Naira depreciated further to N763/$ at the Investors and Exporters Windows.
On Thursday, June 22, 2023, the Investors and Exporters window recorded depreciation in the value of the naira as it ...
FMDQ OTC Securities Exchange Announces New Board Members at its 6th Annual General Meeting
The Board of Directors of FMDQ OTC Securities Exchange (“FMDQ” or the “OTC Exchange”) has, at its 6th Annual General ...
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