CBN Refutes Misreporting On Forex Use In Oil Sector

Newtelegraphng | 29-10-2025 08:43am |

The Central Bank of Nigeria (CBN) has dismissed recent media claims suggesting that $1.259 billion was disbursed to major oil sector operators for the importation of refined petroleum products and related items. In a statement issued on Monday, the CBN’s spokesperson, Mrs. Hakama Sidi Ali, described the report as inaccurate and misleading. She clarified that the...The post CBN Refutes Misreporting On Forex Use In Oil Sector appeared first on New Telegraph.

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