US cuts Nigerian imports by nearly 50%

US cuts Nigerian imports by nearly 50%

The United States of America cut its purchase of Nigerian crude oil significantly in January 2026, and imports fell by 47.16 percent month-on-month, according to the latest data from the US Census Bureau and the US Bureau of Economic Analysis. Figures from the US report on International Trade in Goods and Services show that US … Read more

Angola and Ghana get negative market share as US cuts Nigeria’s price by 47%

Angola and Ghana get negative market share as US cuts Nigeria's price by 47%

New data from the US Census Bureau and the Bureau of Economic Analysis show that imports fell by 47.16 percent month-on-month, falling from 3.149 million barrels in December 2025 to 1.664 million barrels in January. The drop of 1.485 million barrels marks one of the sharpest short-term contractions in the Nigerian portion of the US … Read more