CBN appoints eight new pre-shipment agents for Nigeria’s crude oil and gas exports
AI Executive Briefing
Verified Synthesis~44s readThe Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents to monitor crude oil and gas exports, alongside two monitoring and evaluation agents to oversee their activities. The notice directs authorised dealer banks, the Nigeria Customs Service, petroleum regulators, terminal operators and oil and gas companies to comply with the revised arrangements.
Context & Background
- ✦In July 2026, the CBN also appointed Candid Oil Services Limited as the pre-shipment inspection agent for the Taurus Oil and Gas Depot.
Key Figures & Named Entities
2026:The appointments, announced in a notice signed by Aderinola Shonekan, Director of the CBN’s Trade and Exchange Department, took effect on October 2, 2026, under the Nigerian Export Supervision Scheme.8%:FG takes over management of Plateau’s Pandam Park after years of abandonmentAfrican airlines record second-highest international passenger demand growth at 8% in SeptemberOPay post-IPO trading halted after raising $304 million The allocations are as follows: Dakee Engineering and Construction Ltd.: LNG, Escravos (Gas), Bonny River Terminal (BRT) and EGTL.2024:In May 2024, the apex bank appointed 11 pre-shipment inspection and monitoring agents under the export supervision scheme.
Outlook & Next Steps
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Key Takeaways
Verified Extract- The Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents to monitor crude oil and gas exports, alongside two monitoring and evaluation agents to oversee their activities.
- The notice directs authorised dealer banks, the Nigeria Customs Service, petroleum regulators, terminal operators and oil and gas companies to comply with the revised arrangements.
- In July 2026, the CBN also appointed Candid Oil Services Limited as the pre-shipment inspection agent for the Taurus Oil and Gas Depot.
Key Facts:2026: The appointments, announced in a notice signed by Aderinola Shonekan, Director of the CBN’s Trade and Exchange Department, took effect on October 2, 2026, under the Nigerian Export Supervision Scheme.8%: FG takes over management of Plateau’s Pandam Park after years of abandonmentAfrican airlines record second-highest international passenger demand growth at 8% in SeptemberOPay post-IPO trading halted after raising $304 million The allocations are as follows: Dakee Engineering and Construction Ltd.: LNG, Escravos (Gas), Bonny River Terminal (BRT) and EGTL.2024: In May 2024, the apex bank appointed 11 pre-shipment inspection and monitoring agents under the export supervision scheme.2025: The government subsequently reviewed the allocation of oil export terminals in March 2025, assigning additional terminals to nine inspection agents appointed under the scheme.
Editorial Excerpt
The Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents to monitor crude oil and gas exports, alongside two monitoring and evaluation agents to oversee their activities.
Frequently Asked Questions About This Story
What is the latest development regarding Nigerian Upstream Petroleum Regulatory Commission?
The Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents to monitor crude oil and gas exports, alongside two monitoring and evaluation agents to oversee their activities.
Who are the key organizations or public figures mentioned?
The notice directs authorised dealer banks, the Nigeria Customs Service, petroleum regulators, terminal operators and oil and gas companies to comply with the revised arrangements.
What timeline or key figures were confirmed?
The appointments, announced in a notice signed by Aderinola Shonekan, Director of the CBN’s Trade and Exchange Department, took effect on October 2, 2026, under the Nigerian Export Supervision Scheme.
