FMDQ Exchange

FMDQ FX Turnover Surges To $793 Million Amid Market Dynamics

Last week saw a surge in the turnover at the FMDQ Securities Exchange, reflecting a notable uptick of 17% to reach $793 million. This surge, indicating resilience amidst market dynamics, reveals interesting

Emmanuel Ochayi

6 months ago

Business·Currency

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

The official market aggregator, FMDQ Exchange, reported that the naira to dollar exchange rate closed at N772.12/$1 in the Investors’ and Exporters’ (I&E) window of the official market on Monday. According to

Fakoyejo Olalekan

8 months ago

Forex: Naira Ends Week On Positives Note With N1,431/$ At Official Market

Business·Currency

Forex Traders Drop Prices Of Dollar, Pound, Euro In Official Window, Black Market

In the official window and the black market on Tuesday, the naira appreciated in value, as the rates of the dollar, pound and euro fell. According to FMDQ Exchange, at the end

Fakoyejo Olalekan

11 months ago

The naira's value against the dollar took a hit at the start of the week, with exchange rates opening at N1,200/$1 on peer-to-peer (P2P) platforms

Business·Currency

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

The Naira to Dollar rate closed Monday’s official foreign exchange market at N463.5 kobo/$1, with the Nigerian currency depreciating by 0.10 per cent. Investors and exporters were offered the Dollar at N0.5

Fakoyejo Olalekan

12 months ago

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FMDQ FX Turnover Surges To $793 Million Amid Market Dynamics

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

Forex Traders Drop Prices Of Dollar, Pound, Euro In Official Window, Black Market

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

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