FX Market

Nigeria’s net foreign exchange flow fell 29 percent month-on-month to $4.94 billion in March 2026 as total FX outflows more than doubled. CBN data showed outflows jumped from $2.50 billion in February to $5.54 billion in March, while...

Weekly FX turnover jumped 117% to $3.73bn by August 7. Spot transactions accounted for 99.33% of all activity. Daily average turnover more than doubled to $745.89m. Forward and derivative trading remained a tiny part of the market. August 11,...

November 04, (THEWILL) — Foreign portfolio investors (FPIs) have injected over ₦1 trillion into Nigerian equities so far in 2025, marking a sharp rebound in offshore participation and signalling renewed confidence in Africa’s largest economy. According to data from the...

September 29, (THEWILL) — Ten Nigeria’s quoted companies, all in the consumer goods sector, recorded an aggregate of  N50.3billion in the first-half of the year (H1 2025) against the massive loss they experienced in the corresponding period of 2024. The...

August 25, (THEWILL) — One of the cornerstones of integrity in any financial market, especially the foreign exchange (FX) market, is transparency and consistency in terminology. A market can only function fairly when its language is precise. In Nigeria,...

April 05, (THEWILL) – The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange market. A statement signed by Omolara Omotunde Duke, Director, Financial Markets Department, said the measure...