NewsBreakNigeria
USD/NGN 1,331.83GBP/NGN 1,761.29USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,489.03JPY/NGN 8.41CAD/NGN 936.06
USD/NGN 1,331.83GBP/NGN 1,761.29USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,489.03JPY/NGN 8.41CAD/NGN 936.06

Financial services absorb $9.64 billion as Nigeria’s FX demand hits 15-year high

Financial services accounted for $9.64 billion, representing 52.58% of Nigeria's total foreign exchange utilisation of $18.34 billion in the second quarter of 2026, as quarterly FX demand reached its highest level since…

Aggregated · originally by Nairametrics
15 Oct 2026, 21:31 WAT · 3 min read
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Financial services absorb $9.64 billion as Nigeria’s FX demand hits 15-year high