Fx denominated liabilities reached NGN 1,718 bil in fourth quarter of 2016 in Nigeria, according to the National Central Bank. This is 26.3% less than in the previous quarter.
Historically, FX denominated liabilities in Nigeria reached an all time high of NGN 2,330 bil in 3Q2016 and an all time low of NGN 119 bil in 1Q2007.
Nigeria has been ranked 16th within the group of 50 countries we follow in terms of FX denominated liabilities.
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