Tag: Currency Market

  • Trading In Fixed Income, Currency Markets Drop By 31.2%

    Trading In Fixed Income, Currency Markets Drop By 31.2%

    A January 2022 report just released by the FMDQ Exchange has revealed that trading in the fixed income and currency (FIC) market has slumped back to 31.21 percent after the December 2021 uptick. The report said that Nigeria’s financial markets trading platform has put transaction volume at N14.13 trillion, down from N20.54 trillion recorded in…

  • Transactions In Fixed Income, Currency Market Up 94.9%

    Transactions In Fixed Income, Currency Market Up 94.9%

    A report by FMDQ Exchange Limited’s Fixed Income and Currency (FIC) Market Summary for September, 2021 has shown that the turnover in the fixed income and currency market rose to N24.03 trillion in September, 2021. This represents a 94.89 percent Month-on-Month (MoM) increase compared to N11.7 trillion in August and  a 70.79 percent Year-on-Year (YoY)…