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FINANCIAL SERVICES
Financial services absorb $9.64 billion as Nigeria’s FX demand hits 15-year high
Nairametrics
Oct 15, 2026 · 07:30 WAT
Financial services accounted for $9.64 billion, or 52.58% of Nigeria’s total foreign exchange utilisation of $18.34 billion in the second quarter of 2026. Overall quarterly FX demand reached its highest level since the third quarter of 2011.