{
  "id": 7657685,
  "title": "NFEM FX Turnover Hits $1.45bn in One Day, Weekly Volume Jumps 47%",
  "url": "https://urgent.news/2026/09/15/nfem-fx-turnover-hits-1-45bn-in-one-day-weekly-volume-jumps-47",
  "topic": "world",
  "section": "World",
  "published": "2026-09-15T23:08:00.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/16/nfem-fx-turnover-hits-1-45bn-in-one-day-weekly-volume-jumps-47/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Nigerian Foreign Exchange Market (NFEM) experienced a significant surge in turnover to $1.45 billion in a single day on September 10, marking a 167.2 per cent increase from the previous day. This represents the third-highest single-day turnover recorded in the NFEM data series, which spans transactions from December 2024 to the present. The sharp increase was accompanied by a record 470 interbank transactions, helping to lift total NFEM turnover for the five trading days ended September 11 to $3.87 billion, a 47.2 per cent increase from the previous week's $2.63 billion. Despite the surge in value traded, the number of transactions remained relatively stable, with only a marginal decline of 0.5 per cent.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}