Naira-for-crude suspension threat to declining inflation, FX liquidity – Experts

Market watchers have said that the stalled talks over the naira-for-crude deal between the NNPCL and Dangote refineries could threaten liquidity in the foreign exchange market and affect the deceleration of inflation.

Talks on the naira-for-crude contract, which is scheduled to end on Monday, have been dragging on for weeks.

The arrangement, introduced on October 1, 2024, allowed local refiners to purchase crude oil in naira instead of…