HomeTagsNigeria’s Revenue

Tag: Nigeria’s Revenue

Nigeria’s Revenue Prospects Brighten As Oil Hits $67

Nigeria’s Revenue Prospects Brighten As Oil Hits $67       The international oil benchmark, Brent crude, rose further on Wednesday to $67 per barrel, compared to Nigeria’s budget benchmark of $40 per barrel. For Nigeria, which relies on crude oil for about 50 per cent of government revenues...

Debt Servicing Consumes Over 50% Of Nigeria’s Revenue, Says AfDB

Debt Servicing Consumes Over 50% Of Nigeria’s Revenue, Says AfDB Debt servicing gulps more than 50 per cent of Nigeria’s revenue, the African Development Bank has said. The bank, which said this in its West Africa Economic Outlook 2019, said the servicing of the country’s external...