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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

How crude oil earnings triggered $55bn FX rebound

The increase in crude oil production and the attendant earnings as well as the pipeline protection in Nigeria’s Niger Delta region has contributed to the forex reserves rebound to nearly $55bn. Checks showed that the…

Aggregated · originally by Daily Trust
30 Sept 2026, 06:00 WAT · 3 min read
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How crude oil earnings triggered $55bn FX rebound

The increase in crude oil production and the attendant earnings as well as the pipeline protection in Nigeria’s Niger Delta region has contributed to the forex reserves rebound to nearly $55bn. Checks showed that the…