Non-oil Export Earnings Drop By 37.8%   Earnings from non-oil exporters fell by 37.8 per cent in the last quarter of 2019, the Central Bank of Nigeria disclosed in the 2019 fourth quarter report on non-oil export earnings by exporters. The total non-oil export earnings received through...

In 5 Months, 25 Gencos’ Earnings Drop To 29.4%   The 25 electricity generation companies (Gencos) that produce and supply electricity in Nigeria have had their monthly payments for power supplied to the country’s national grid cut down to an average of 29.4 per cent from...

Insecurity Threatens $14bn Maritime Sector Earnings – FG The Federal Government has declared that the annual earnings of $6bn in freight cost and $8bn in oil and gas and other maritime activities have come under threat from pirate attacks, oil theft and other illegal activities...

Oil Earnings Hit $13.5bn In Q1   Nigeria’s earnings from crude oil and gas, which accounted for 93.3 per cent of total export earnings during the review period, increased by 10.1 per cent to $13.426.53 billion in the first quarter of 2018 when compared with the...