Nigeria Macro Update: Resumed Stability Amongst a Shifting Political Landscape

In this latest report, you’ll learn the latest on the FX markets in Nigeria. This includes:

• How the new Electronic Foreign Exchange Matching System (EFEMs) has impacted market liquidity and transparency.

• The key drivers behind Nigeria’s foreign exchange reserves, USD inflows and the factors influencing the Naira.

• The role of crude oil production, OPEC constraints, and the latest updates on the Dangote refinery.

• The latest shifts in inflation, tax reforms, and fiscal strategies driving Nigeria’s economic trajectory.