Nigeria’s oil revenue dips N1.1trn in one year

26 April 2016, Abuja — NIGERIA’S earnings from the petroleum sector dropped sharply, as revenue from the sale of crude oil dipped by N1.114 trillion to N1.86 trillion in the 2015 fiscal year, data obtained from the Central Bank of Nigeria, CBN, has revealed. The N1.114 trillion decline represents 18.35 per cent of Nigeria’s 2016 […] More »