FX Market
Naira Strengthens Against Pound, Closes at N1,819/£1
By Benson Daniel The Nigerian naira strengthened against the British pound, with the pound closing at N1,819 on Tuesday, improving from N1,830 recorded...
FX, OMO Trading Drives FMDQ Turnover to N426.5tn in Seven Months
By Benson Daniel Trading activity on the FMDQ Exchange rose to N426.51 trillion between January and July 2026, driven largely by strong foreign...
NAFEM Turnover Climbs to $1.41bn as Foreign Exchange Trading Rebounds
By Benson Daniel Turnover on the Nigerian Autonomous Foreign Exchange Market rose sharply to $1.41 billion on August 17, marking a five week...
Naira Holds Steady as Strong Dollar Supply Supports Foreign Exchange Market
By Benson Daniel The naira ended the trading week largely stable across Nigeria’s foreign exchange market, supported by improved dollar liquidity and stronger...
Naira Holds Firm Against Dollar as FX Market Stability Continues
By Benson Daniel The Nigerian naira maintained a relatively stable performance against the United States dollar on Wednesday, August 5, 2026, as improved...
