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China Halts U.S. LNG Imports Amid Trade War

Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.

Nigeria Partners UK on Gas Sector Framework

The Federal Government has taken a step towards strengthening its gas sector regulatory framework through a partnership with the United Kingdom’s Office of Gas and Electricity Markets.

Despite CBN Efforts to Tame Inflation, Money Supply Surges by 24%

Nigeria’s broad money supply (M3) jumped 24 percent to an all-time high of N114.2 trillion in March 2025, defying the Central Bank of Nigeria (CBN)’s ongoing monetary tightening efforts aimed at reining in inflation.

Aggregate Forex Inflows Fall to $9.63bn

Nigeria’s total foreign exchange inflows fell to $9.63bn in January 2025, down from $10.17bn in December 2024, according to the latest Economic Report released by the Central Bank of Nigeria (CBN) on April 17.

Electricity Customers Owe DisCos N497bn in 2024

Electricity consumers across the county owed the 11 electricity Distribution Companies (DisCos) N497.4bn debt in 2024.

Nigeria’s Trade Surplus Rises 107% to $2.2bn – CBN

The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month (MoM) from $1.06 billion in December 2024.