Tags : FMDQ

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) […]Read More

External Reserves Rise To $33.59bn

Nigeria’s foreign exchange reserves have risen to $33.59billion –the highest level in more than a month. The forex reserves, which fell to a record low of $33.09bn on July 12, had gained $500m in almost a month to close at $33.59bn on August 10. According to the latest data from the Central Bank of Nigeria, […]Read More