Nigeria nearly doubled crude supplies to local refineries to 53

Nigeria's foreign exchange demand for oil sector imports surged by 115% in 2025, as revealed by the CBN. Discover the impact of this oil import FX jump.

By Obas Esiedesa, Abuja ABUJA — Crude oil and condensate supply to local refineries rose by 88.4 per cent to 53.7 million barrels in the second quarter of 2026, Q2’26, from 28.5…