Weak Naira, Local Refining Responsible for Nigeria’s $3.73 Billion Balance of Payment Surplus
Economic analysts have attributed Nigeria’s $3.73 billion balance of payments (BOP) surplus in the first quarter of 2025 to the depreciation of the naira and the augmentation of domestic fuel production from the Dangote Refinery. The apex bank’s report indicates that data from Q1 2025 reveals a current account surplus of $3.73 billion, slightly […]











