Nigeria Macro Update: FX convergence, oil pressures and policy shifts call for a fragile balance
Navigating Nigeria’s macroeconomic crossroads
In March, Nigeria experienced an unusual period of stability. The official FX market held firm, even amid skepticism around the Bmatch / Electronic Foreign Exchange Matching System (EFEMS). Meanwhile, the Parallel market saw an appreciation, bringing the critical spread between both markets to near-zero.
But is this stability sustainable?
Download our latest report to discover:
The factors behind FX market convergence—and whether it will last.
Oil price movements and their impact on Nigeria’s fiscal outlook.
Key policy shifts shaping the country’s economic trajectory.
