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Nigeria’s FX market is at its most liquid in 4yrs

…As foreign investors flood into bond market after Buhari victory…I & E window trades climb 120% to $4bn in one week

FX market

There are reasons to suggest that Nigeria’s foreign exchange market is at its most liquid since 2015. FX trading activity between Nigerian banks and their clients rose to a four-year high in February, as foreign investors pile into the bond market after a somewhat successful presidential election that saw President Muhammadu Buhari secure a second…

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