FMDQ FX Market Turnover Hits N676.71 Trillion in 2025
Nigeria's FMDQ Exchange recorded N676.71 trillion turnover in 2025, averaging N2.74 trillion daily across 247 business days. Foreign Exchange and Repurchase Agreements dominated activity, accounting for over N421 trillion combined. Open Market Operations Bills ranked third with N139.08 trillion turnover, reflecting central bank liquidity management. FMDQ COO Tumi Sekoni emphasized collaboration for market growth.
SOURCE: https://nairametrics.com/2026/02/20/fmdq-exchange-executed-n676-7-trillion-turnover-in-2025/