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Macroeconomy
OIL AND GAS
FG weighs dollar swap for Dangote petrol proceeds
The Punch
Aug 3, 2026 · 01:01 WAT
The Federal Government is considering a dollar swap arrangement involving Dangote Refinery’s petrol proceeds. The proposal is intended to ease foreign-exchange shortages and support payments for crude oil supplied to the refinery, linking the development to Nigeria’s currency liquidity and downstream oil-market operations.