Finance & Fintech · Funding signal

$5 billion swap deal raises questions despite Nigeria’s record $54.6 billion reserves

$5 billion swap deal raises questions despite Nigeria’s record $54.6 billion reserves — the desk wire, 22 September 2026. There is a particular kind of quiet that settles over a shop in Balogun Market when the owner returns from the moneylender. Consider a textile trader who has just closed the best season of her working life. The lace is moving, the Ankara is moving, the customers from Cotonou have come back, and for the […] The post $5 billion swap deal raises questions despite Nigeria’s record $54.6 billion reserves appeared first on Nairametrics.

Updated 22 September 2026 · First published 22 September 2026

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