Fitch forecasts oil reserves to increase to $43bn in 2022
Tribune Online Fitch forecasts oil reserves to increase to $43bn in 2022 FITCH Ratings has forecasted that Nigeria’s foreign exchange reserves will increase to $43 billion in 2022, up from $40.5 billion at end-2021. The company also affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) at ‘B’ with a Stable Outlook. Nigeria’s gross international reserves have been bolstered by higher oil export receipts, which the rating […] Fitch forecasts oil reserves to increase to $43bn in 2022 Tribune Online
Tribune Online
Fitch forecasts oil reserves to increase to $43bn in 2022
FITCH Ratings has forecasted that Nigeria’s foreign exchange reserves will increase to $43 billion in 2022, up from $40.5 billion at end-2021. The company also affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) at ‘B’ with a Stable Outlook. Nigeria’s gross international reserves have been bolstered by higher oil export receipts, which the rating […]
Fitch forecasts oil reserves to increase to $43bn in 2022
Tribune Online