Nigeria FX Turnover Hits $2.32 Billion as Investors Increase Currency Hedging

Nigeria’s foreign exchange market recorded stronger trading activity last week, with total turnover rising to $2.32 billion despite a sharp decline in the local equities market. The News Chronicle reports that data from FMDQ Securities Exchange showed FX transactions increased by 7.7 per cent in the week ended June 19, 2026, compared to $2.16 billion

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