Oil Revenue

Nigeria Faces N289.6bn Oil Revenue Dip In November; Minister Stresses Production Goals, OPEC Commitment

In a disclosure by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria experienced a significant setback in crude oil production, leading… Read More

4 months ago

Nigeria Earns About $104.58 million Daily From Crude Oil, As Output Skyrockets

Nigeria earned at least $104.58 million daily from crude oil in February 2023, as Africa’s largest oil producer pumped 1.3… Read More

1 year ago

Nigeria To Spend 1 Year Oil Revenue On Fuel Subsidy In 6 Months

Nigeria’s Finance Minister, Zainab Ahmed, has disclosed that the country’s fuel subsidy payment in six months will surpass the revenue… Read More

1 year ago

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

The Presidential candidate of Labour Party, Peter Obi, said Nigeria must look beyond oil, a week after it was revealed… Read More

1 year ago

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Nigeria loses at least 700,000 barrels of crude oil to thieves per day, the Minister of State for Petroleum Resources,… Read More

2 years ago

Nigeria’s Oil Revenue To Lose N1.24 trillion, Amid Drop In Crude Production

Nigeria’s oil revenue will fall next year according to the projection made by President Muhammadu Buhari on Thursday during the… Read More

2 years ago

NNPC Fails To Remit Into Federal Account Despite N2.38 trillion Revenue In Six Months

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it made N2.38 trillion revenue from oil sales, however the… Read More

2 years ago

Oil Revenue Drops As Nigeria Misses January OPEC Quota

Nigeria's crude oil output target for January 2022 has dropped to 1.46 million barrels per day against a target of… Read More

2 years ago

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