Nigeria and Other African Nations Face Risky Fallout if Gold Prices Drop, Fitch Warns
Sub-Saharan African nations, including Nigeria, Ghana, and Tanzania, could face significant economic challenges if global gold prices decline, according to a recent warning by BMI, a research unit of the Fitch Group. The alert comes amid a growing trend among these countries to boost their foreign reserves by purchasing gold, often sourced domestically, in a…
