In Two Months, Oil Earning Increases by by N450bn – FG An analysis of data in the latest reports on Nigeria’s oil production shows that crude oil earnings by the Federal Government increased by about N449.93bn in the months of December 2023 and January 2024. Although...

In Two Months, Oil Earning Increases by by N450bn – FG An analysis of data in the latest reports on Nigeria’s oil production shows that crude oil earnings by the Federal Government increased by about N449.93bn in the months of December 2023 and January 2024. Although...

In Three Months, Oil Earnings Increase By N363bn   Nigeria is making progress in oil earnings following improvements in security in the Niger Delta region, as the country raked in an additional N363bn from crude oil sale in the months of October, November and December 2022. Figures...

Oil Earnings Rise By N308.6bn In Two Months   Nigeria’s crude oil earnings rose by about N308.6bn within two months following the recent increase in the country’s oil output due to concerted efforts by the Nigerian National Petroleum Company Limited (NNPCL) and security agencies to halt...

Oil Earnings Crashed By N288bn In Q3, 2022   Nigeria’s oil earnings have gone southward amid rising crude thefts among other factors. Nigeria’s earnings from crude oil crashed by N287.95bn in the third quarter of 2022 as a result of the incessant theft of the commodity in...

Oil Earnings Decline By 29% To N790bn – CBN   Crude oil revenue crashed by 29 per cent in the first quarter of 2022, according to statistics from the Central Bank of Nigeria. The CBN, in its latest economic and statistical report for the first quarter of...