Nigeria’s Forex Market Liquidity Plunges 46% This Week
Liquidity in Nigeria’s foreign exchange market slumped by 46 percent this week, data from securities exchange FMDQ shows. The total
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FMDQ
FX forward contracts fall 100% as naira firms
There were no foreign exchange forward contracts this week as the naira was little changed against the dollar, data from
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Naira posts slight gain as dollar liquidity rises 3.93%
The naira registered a slight gain against the dollar this week as liquidity in the official foreign exchange market rose
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Fall in dollar liquidity fails to halt naira’s rise
The naira extended its rise against the dollar this week despite a decline in liquidity in the official foreign exchange
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Naira slides as weekly dollar liquidity extends decline
The naira closed weaker last week as dollar liquidity in the official market declined by 10.29 percent, according to data
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Drop in weekly forex liquidity drags naira lower
The naira extended its decline against the dollar last week as foreign exchange turnover in the official market fell by
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Naira heads to two-month low on lower dollar liquidity
The decline in dollar liquidity has dragged the Nigerian currency to the lowest since March 20 on the official market,
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Naira extends decline against dollar on official market
The Nigerian currency pared more of its recent gains on Monday as it weakened to N1,234.49 per dollar on the
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Naira extends gain against dollar despite forex liquidity drop
The naira gained further last week despite the over 50 percent decline in liquidity in the foreign exchange market. The
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Total Nigeria issues N15bn commercial paper
Total Nigeria Plc has successfully issued and quoted a N15 billion Series 1 and 2 Commercial Paper under its N30
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