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FMDQ revises computation of FX rates, adopts transaction-based model

FMDQ Securities Exchange Limited, a platform that oversees FX trading in Nigeria, says it has made some changes to the computation methodologies of its foreign exchange (FX) rate-fixing products. According

CBN sustains naira with $195m forex intervention

The Central Bank of Nigeria (CBN) on Monday boosted the inter-bank foreign exchange market with an additional $195m, even as the naira maintains stability. Exchanging at an average of N360

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