Nigeria’s $4.4bn FX Trading Week Exposes Weakness in Forex Market, Economist Warns

The Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has warned that Nigeria’s record $4.375 billion foreign exchange market turnover in a single week should not be mistaken for evidence of a stronger or more resilient forex market. Instead, he said the milestone exposed structural weaknesses in the country’s foreign exchange … Continue reading Nigeria’s $4.4bn FX Trading Week Exposes Weakness in Forex Market, Economist Warns