Fitch flags Nigeria’s $5bn TRS over debt, liquidity risks

The Punch | 16-09-2026 03:15am |

Fitch Ratings has warned that Nigeria's proposed $5 billion Total Return Swap could introduce significant risks to the country's debt management and liquidity. The rating agency flagged the potential dangers associated with the financial instrument. The warning comes amid concerns over Nigeria's fiscal stability.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.