CBN

KEY POINTS The Central Bank of Nigeria, CBN, has approved full repatriation of export proceeds by international oil companies, granting them unrestricted access to 100 percent of their foreign exchange …

KEY POINTS Nigeria’s petrol import bill fell to $10 billion in 2025, a 28.88% drop from $14.06 billion in 2024, according to the Central Bank of Nigeria (CBN). The reduction …

KEY POINTS Nigeria’s external trade profile experienced a significant shift in 2025, as the Dangote Petroleum Refinery imported crude oil worth $3.74 billion, according to the Central Bank of Nigeria …