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NIGERIAN FOREIGN RESERVES
The naira is projected to trade at around N1,330 per dollar in the fourth quarter of 2026, with a full-year average of about N1,385/$, as rising foreign reserves, returning portfolio inflows and lower fuel import requirements support the currency.
A British court has granted an Irish Firm, Process and Industrial Developments Ltd (P&ID) the right to seize $9 billion in assets from the Nigerian Government over a failed gas project.