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FMDA projects Nigeria’s current account surplus at $8.69bn in Q3 on stronger oil earnings
Summary by The Lagos Editorial Desk Kelechi Mgboji , as published by Nairametrics
· October 7, 2026
· 1 min read
Photo: Nairametrics · view original
Story provenance No corrections
Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Kelechi Mgboji, as published by Nairametrics Original story Read at the source Source published Oct 7, 2026 Indexed here Oct 7, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The Financial Markets Dealers Association has provided this forecast, which is based on specific factors. A projected increase in surplus is expected for the third quarter of 2026.
A projected increase in surplus is expected for the third quarter of 2026. This rise is attributed to certain market conditions. The Financial Markets Dealers Association has provided this forecast, which is based on specific factors.
Further details about this projection are available, including the expected amount of the surplus. The previous quarter's surplus is known, and the new projection represents an increase from that amount.
The factors driving this increase include changes in demand and prices, which are seen as contributing to the growth in surplus.
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Nairametrics reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by Nairametrics . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Nairametrics . Have a tip or correction? Contact the editor .
Category: News Published: October 7, 2026 Source: Nairametrics Reading time: 1 min
Frequently asked about this story
What is this story about? A projected increase in surplus is expected for the third quarter of 2026. This rise is attributed to certain market conditions. The Financial Markets Dealers Association has provided this forecast…
When was this published? This article was first published on October 7, 2026 by Nairametrics and curated for The Lagos readers.
Who reported this story? This story was reported by Kelechi Mgboji at Nairametrics. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Lagos, or browse our daily briefing and topic hubs .
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