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FMDQ’s weekly FX turnover falls 35.4% to $1.7 billion as spot transactions drop $956 million

FMDQ’s weekly FX turnover falls 35.4% to $1.7 billion as spot transactions drop $956 million

News

Nigeria’s foreign exchange market recorded a sharp pullback in trading activity in the week ended October 2, 2026, with total turnover across the FX Spot and Derivatives markets falling 35.41% to $1,696.97 million from $2.63 billion the previous week.

The post FMDQ’s weekly FX turnover falls 35.4% to $1.7 billion as spot transactions drop $956 million appeared first on Nairametrics.

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