Fixed-Income Rally Reshapes Nigeria’s FX Market

Foreign Capital Returns to Nigeria NIGERIA’S foreign exchange market opened 2026 on firmer ground, buoyed by a sharp resurgence in offshore portfolio investment that has strengthened liquidity and steadied the naira. Latest data from FMDQ Securities Exchange show total FX supply rose 7 percent month-on-month to $3.0 billion, marking a second consecutive month of recovery. […]

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