Cbn settles 152 48m forex futures fmdq

It appears that you've provided a news headline or a financial report. Here's a breakdown of what it might mean:

• "CBN" likely refers to the Central Bank of Nigeria, the country's monetary authority.
• "Settles" means that the CBN has concluded or finalized a transaction or agreement.
• "152" and "48m" are likely numbers related to the transaction, possibly representing the number of contracts or the amount of money involved.
• "Forex" is short for foreign exchange, which refers to the exchange of one country's currency for another country's currency.
• "Futures" are financial contracts that obligate the buyer and seller to exchange a specific asset (in this case, currency) at a set price on a specific date in the future.
• "FMDQ" is likely the Financial Markets Dealers Quotations, a platform that provides a centralized quotation system for fixed income securities and other financial instruments in Nigeria.

Based on this information, it's possible that the Central Bank of Nigeria has settled 152 contracts for 48 million units of foreign exchange futures on the FMDQ platform. This could be a significant transaction, potentially involving a large amount of foreign currency being exchanged or hedged against future fluctuations in the value of the Nigerian naira.