The Central Bank of Nigeria (CBN) has denied disbursing $1.25 billion to major oil sector operators for the importation of refined petroleum products and related items.
On Monday, reports circulated that CBN disbursed $1.25 billion for oil and gas imports in the first quarter (Q1) of 2025.
In a statement on Tuesday, CBN described the reports as “entirely inaccurate and misleading”
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