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Tag: Ghana National Petroleum Corporation (GNPC)

Oil Revenue To Remain Subdued As Output Plunges By 15%

Oil Revenue To Remain Subdued As Output Plunges By 15%       Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...

Nigeria’s Oil Output Drops By 14% To An Average Of 1.5mb/d

Nigeria’s Oil Output Drops By 14% To An Average Of 1.5mb/d       Nigeria might be under pressure to fund its N13.8 trillion 2021 budget following a significant drop of its oil output by 14.08 percent in the first 10 months of 2020, according to data obtained...