Nigeria Should Deepen FX Derivatives Before the Next Market Shock, FMDQ CEO Zeal Akaraiwe Urges Naira Hedging Push
Zeal Akaraiwe, Managing Director and Chief Executive of FMDQ Group, has told regulators and market institutions to build deeper hedging markets now, while the naira is relatively steady, instead of waiting for another shock to force their hand.Nigeria’s foreign exchange market is calm, and the head of its biggest financial market infrastructure group thinks that … Read more