NewsBreakNigeria
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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

NFEM turnover falls 17.7% to $2.25 billion as CBN cuts MPR to 23% in second weekly decline

Turnover on the Nigerian Foreign Exchange Market (NFEM) fell 17.7% week-on-week to $2.25 billion in the week ended September 25, 2026, extending the market’s decline for a second consecutive week. The post NFEM turnover…

Aggregated · originally by Nairametrics
26 Sept 2026, 19:03 WAT · 3 min read
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NFEM turnover falls 17.7% to $2.25 billion as CBN cuts MPR to 23% in second weekly decline

Turnover on the Nigerian Foreign Exchange Market (NFEM) fell 17.7% week-on-week to $2.25 billion in the week ended September 25, 2026, extending the market’s decline for a second consecutive week. The post NFEM turnover…