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Tag: turnover

Business
Naira continues depreciation despite 46.69% surge in dollar turnover

Naira continues depreciation despite 46.69% surge in dollar turnover

November 14, 2023November 20, 2024 AGS

The volume of dollars traded on the Investor & Exporter forex window surged by 46.69 percent to $123.25 million on Monday, marking a significant increase from Friday’s turnover of $84.02 million. Despite this rise, the naira experienced a depreciation of … Continue reading Naira continues depreciation despite 46.69% surge in dollar turnover

Business
Foreign exchange turnover on FMDQ reaches N22 trillion in seven months

Foreign exchange turnover on FMDQ reaches N22 trillion in seven months

September 6, 2023September 6, 2023 AGS

The FMDQ, between January and July 2023, recorded a total foreign exchange turnover of N22.98tn ($44bn), as reported in the August edition of the FMDQ Spotlight, a monthly publication issued by the exchange. Following the Central Bank of Nigeria’s rate … Continue reading Foreign exchange turnover on FMDQ reaches N22 trillion in seven months

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