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FX turnover nears $1billion daily average, boosting the case for a stronger naira

FX turnover nears $1billion daily average, boosting the case for a stronger naira

News

Nigeria’s foreign exchange market witnessed a significant improvement in liquidity during the first half of 2026, with daily turnover regularly exceeding $500 million, several trading sessions crossing the $900 million mark, and a record $1.82 billion changing hands in a single day.

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