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 ...
Nigeria’s improving macroeconomic outlook is receiving a fresh tailwind from rising global oil prices, reinforcing recent ...
With Brent crude trading around $69 per barrel above Nigeria’s 2026 federal budget benchmark of $64.85, the price rally would ...
The Central Bank of Nigeria (CBN) has continued to establish strong measures to attract more dollars into the economy and reduce the negative impact of ongoing crude oil prices drop on domestic ...
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 ...
The RT200 (Race to $200 billion forex inflows) policy of the Central Bank of Nigeria, CBN has recorded a huge leap as the apex bank recently announced a $4.987 billion forex inflow in 2022 showing an ...
Nigeria earned an estimated ₦55.5 trillion from crude oil sales in 2025, based on an analysis of official production figures ...
The Association of Bureau De Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for its recent directive to cease the use of non-oil export domiciliary accounts for ...
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