Tag: FX market Nigeria

FMDQ records massive turnover surge of N60.77tn as FX trades dominate Nigeria’s financial market

Business Damilola Bayonle -
Nigeria’s financial markets opened 2026 on a strong footing, with total transactions on the FMDQ platform soaring to N60.77tn...

Naira surges to two-year high at 1,347/$ as FX inflows rise, investors eye profit-taking

Business Damilola Bayonle -
Nigeria’s currency rally gathered pace this week as the naira appreciated to its strongest level in nearly two years,...

Naira breaks N1,400/$ barrier for first time in over a year as FX confidence returns

Business Damilola Bayonle -
Nigeria’s currency has recorded a significant psychological and market milestone after the naira strengthened below the N1,400/$1 threshold on...

Dollar to Naira Exchange Rate Today: Naira Holds at ₦1,456

Business Damilola Bayonle -
Nigeria’s local currency continued to navigate a delicate balance in both the official and parallel foreign-exchange markets on Tuesday,...

IMF Endorses Economic Reforms, Urges Comprehensive Budget Overhaul

Business Damilola Bayonle -
The International Monetary Fund (IMF) has commended Nigeria’s recent wave of bold economic reforms—particularly those spearheaded by the Central...