Nigeria’s dollar trading slumps 22% to $2.62 billion as Forward deals plunge

The value of dollars traded in Nigeria’s foreign exchange market fell 22.23% to $2.62 billion in the week ended October 16, 2026, from $3.37 billion the previous week, as spot trading slowed and forward transactions dropped sharply. The post Nigeria’s dollar trading slumps 22% to $2.62 billion as Forward deals plunge appeared first on Nairametrics.

  Business   Oct 19, 2026   0   20  Add to Reading List
Nigeria’s dollar trading slumps 22% to $2.62 billion as Forward deals plunge












The value of dollars traded in Nigeria’s foreign exchange market fell 22.23% to $2.62 billion in the week ended October 16, 2026, from $3.37 billion the previous week, as spot trading slowed and forward transactions dropped sharply.

The post Nigeria’s dollar trading slumps 22% to $2.62 billion as Forward deals plunge appeared first on Nairametrics.

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