The Punch on MSN
CBN reforms, rising oil prices lift FX fortunes
Nigeria’s foreign exchange environment is seeing a notable turnaround as reforms by the Central Bank of Nigeria combine with a fresh rally in oil prices to support the naira, boost external reserves ...
Global oil prices have fallen sharply, now hovering slightly above $64 per barrel. For an oil-dependent economy like Nigeria, this persistent slide in crude prices poses a serious concern rather than ...
Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, based on production figures from the NUPRC and ...
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