# Nigeria’s weekly dollar trading falls 22% to $2.62 billion

> Foreign-exchange turnover in Nigeria fell 22.23% in the week to October 16, with spot and forward transactions both lower, Nairametrics reported from FMDQ data.

- **Source date:** 2026-10-19
- **Original source:** [Nairametrics](https://nairametrics.com/2026/10/19/nigerias-dollar-trading-slumps-22-to-2-62-billion-as-forward-deals-plunge/)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/nigeria-fx-turnover-falls-october-week
- **Markdown:** https://voltformer.com/news/nigeria-fx-turnover-falls-october-week.md

## Nigeria’s weekly dollar trading falls 22% to $2.62 billion

Foreign-exchange turnover in Nigeria fell 22.23% in the week to October 16, with spot and forward transactions both lower, Nairametrics reported from FMDQ data.

Forward turnover dropped 81.14% to \$24.89 million and spot trading fell 19.83% to \$2.60 billion. These are weekly transaction flows, not outstanding contracts or a direct measure of dollar availability.

[Nairametrics](https://nairametrics.com/2026/10/19/nigerias-dollar-trading-slumps-22-to-2-62-billion-as-forward-deals-plunge/)

## Other languages

- [en](https://voltformer.com/news/nigeria-fx-turnover-falls-october-week)
- [tr](https://voltformer.com/tr/news/nigeria-fx-turnover-falls-october-week)
- [de](https://voltformer.com/de/news/nigeria-fx-turnover-falls-october-week)
- [ru](https://voltformer.com/ru/news/nigeria-fx-turnover-falls-october-week)
- [es](https://voltformer.com/es/news/nigeria-fx-turnover-falls-october-week)
- [ar](https://voltformer.com/ar/news/nigeria-fx-turnover-falls-october-week)
- [it](https://voltformer.com/it/news/nigeria-fx-turnover-falls-october-week)
- [pt](https://voltformer.com/pt/news/nigeria-fx-turnover-falls-october-week)

[Company and energy news](https://voltformer.com/news.md) · [Voltformer catalog](https://voltformer.com/catalog)