Rising Fiscal Pressures May Weaken Nigeria’s FX Buffer — Fitch Warns
Reserves Outlook Signals Emerging Pressure NIGERIA’S external reserves are projected to decline to $47 billion by the end of 2026, according to global rating agency Fitch Ratings, despite ongoing economic reforms aimed at stabilising the country’s foreign exchange market. The projection comes at a time when Nigeria has recorded notable improvements in its reserves position, […]
