Report Reveals Non-oil Export Earnings Hit $75m In Two Months   Earnings from non-oil export in October and November rose to $75m, figures obtained from the Central Bank of Nigeria (CBN) have revealed. The CBN stated in its November economic report that non-oil export earnings rose by...

Fed Govt’s Earnings From Spectrum Sales Rise To $1.09bn   The Federal Government through the Nigerian Communications Commission (NCC) is set to make at least $1.09bn (N476bn) from the sale of four 5G spectrums. This is after the NCC revealed in a new ‘Information Memorandum on 3.5...

Nigeria’s Crude Oil Earnings Hit N12.4trn In 11 Months   Nigeria produced a total of 440.774 million barrels of crude oil valued at about N12.4tn between January and November 2021, an analysis of the latest oil production data released by the Federal Government showed. A document on...

Nigeria’s Oil & Gas Earnings Climb To N24trn In 5yrs       Despite the huge global crash in prices, Nigeria’s earnings from oil and gas in the first half of 2020, is N2.41 trillion just 8.7 per cent below the N2.63 trillion recorded in the corresponding period...

Nigeria: Spending Earnings for Debt Servicing By Ibrahim Shehu Dandakata     The last time there was such in abundance was during the regime of Abacha when ‘Tokunbo’ cars and spare parts became the norm as a response to that smoke. After a long time, cars with ‘smoking...

Nigeria To Suffer $15.4bn Loss In Crude Oil Earnings – Analysts   Nigeria and other African economies are projected to record substantial revenue losses, particularly from the oil and gas sector, as the devastating effects of the Coronavirus pandemic continues its devastating toll on the...