FMDA projects Nigeria’s current account surplus at $8.69bn in Q3 on stronger oil earnings

AI Summary

Nigeria’s Financial Markets Dealers Association projects the country’s current account surplus will increase to $8.69 billion in Q3 2026, up from $7.54 billion in Q2. The forecast reflects lower import demand and persistently high crude oil prices.

Nigeria’s current account surplus is projected to widen to $8.69 billion in the third quarter of 2026 from $7.54 billion recorded in the second quarter, the Financial Markets Dealers Association (FMDA) has said, citing lower import demand and persistently elevated crude oil prices. The post FMDA projects Nigeria’s current account surplus at $8.69bn in Q3 on stronger oil earnings appeared first on Nairametrics.