2025 Nigeria exported 485.44 million barrels of crude oil in 2025, representing 82% of total production, according to a report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted over N322bn and $116.9m into the Federation Account within two months, following the implementation of Executive Order 9 signed by President Bola Tinubu in February 2026.

Global oil prices surged to $104 per barrel on Monday after peace talks between the United States and Iran collapsed, raising fears of renewed hostilities in the Middle East.

The Central Bank of Nigeria has raised concerns over growing governance, compliance, operational and technological risks confronting the country’s non-interest financial services industry, warning that failure to effectively manage the challenges could undermine public confidence and financial stability.

The Nigerian Ports Authority (NPA) has reported a 19.5% increase in vessel traffic in the first quarter of 2026, with Gross Registered Tonnage (GRT) for ocean-going vessels rising to 46.75 million.

The African Development Bank (AfDB) has approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand credit access for women-owned businesses, especially in agriculture.