Tag: Oil Revenue

Nigeria’s oil revenue fell N7.88 trillion short of the federal government’s budget target, underscoring mounting fiscal pressures on Africa’s largest ...

Nigeria has failed to meet its crude oil production quota set by the Organization of the Petroleum Exporting Countries (OPEC) ...

Nigeria’s external reserves have fallen by about $855 million within five weeks, according to new figures released by the Central ...

The Nigerian National Petroleum Company has reported a significant 60 percent increase in remittances to the Federation Account, reaching N2.88 ...

Nigeria remains one of the Organisation of Petroleum Exporting Countries’ most resource-rich members, but new data from the group’s 2026 ...

Nigeria is expected to earn an additional N6.8 trillion in oil revenue in 2026, driven by rising global crude oil ...

Despite being major beneficiaries of the oil revenue windfall, all six south-south states failed to meet the 26 per cent ...

The Senate, through its committee on Public Accounts, has set April 29, 2026, as the deadline for the management of ...

Nigeria's oil revenue inflows rose sharply in February following the implementation of Executive Order 9 signed by President Bola Tinubu, ...

The Nigerian Economic Summit Group (NESG) has projected that rising geopolitical tensions in the Middle East could deliver a major ...