FX devaluation, increased production spurs 37% growth in Nigeria’s oil export in 2023
Nigeria recorded a total crude oil export revenue of N29 trillion in 2023, a 37% increase compared to N21.1 trillion ...
Tag: Crude oil export
Nigeria’s crude oil export surges to N11.5 trillion in H1 2022
Nigeria’s crude oil export rose to a record N11.53 trillion in the first half of 2022, an 88.5% rise compared ...
Crude oil export pushes Nigeria’s balance of payment surplus of $2.6 billion in Q1 2022
Nigeria’s balance of payment account surged significantly in the first quarter of 2022 to $2.58 billion from $54.22 million recorded ...
Russia defies Western sanctions as oil exports to China hits record high surpassing Saudi Arabia
Russian crude oil export to China has surged by 55% year-on-year to a record level in May.
Nigeria’s crude oil & gas exports proceeds fall by 42%
Nigeria’s crude oil exports fell by a whopping 41.9% year-on-year in the first quarter of 2021.
NNPC posts trading surplus of N6.33 billion for May
The Nigerian National Petroleum Corporation has announced a trading surplus of N6.33 billion for May 2019. This is revealed on ...
