FMDQ Exchange Reports N676.71 Trillion Turnover in 2025

In 2025, FMDQ Exchange achieved a remarkable total turnover of N676.71 trillion in Nigeria's fixed income and foreign exchange market, translating to an average daily turnover of N2.74 trillion over 247 business days. The data, published on FMDQ's website, indicates sustained participation from banks, financial institutions, and investors.

Notably, foreign exchange repurchase agreements accounted for a significant portion of the trading activity, with total market turnover reaching N446.18 billion. This highlights the dominance of short-term liquid instruments in driving market activity.

The open market operations bills recorded a turnover of N139.08 trillion, making it the third-largest trading instrument in the market. Tumi Sekoni, the Group Chief Operating Officer of FMDQ Group PLC, emphasized the exchange's strategic direction for the year, focusing on collaboration and market development as key priorities.

The review of transactions for 2025 reflects the central bank's ongoing efforts to manage liquidity in the financial system.