Forex: Turnover in NAFEM rises 74% to $22.88 bn in H1’24
The volume of dollars traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, rose year-on-year (YoY) by 74 percent to $22.88 billion in the first half of 2024 (H1’24) from $13.11 billion in H1’23. Vanguard analysis of quarterly transactions in the market as published by FMDQ showed that turnover stood at $12.64 billion in the first quarter of […]