Tag: Oil Revenue

Nigeria’s foreign exchange reserves have climbed above the $53 billion mark for the first time in more than 17 years, ...

Nigeria’s external reserves have recorded a strong increase in 2026, gaining $7.09 billion since the beginning of the year as ...

Nigeria exceeded its Organisation of the Petroleum Exporting Countries (OPEC) crude production quota for a third consecutive month in July, ...

Nigeria’s tax revenue has more than doubled in less than three years, rising from N12.3 trillion in 2023 to N27.1 ...

Oil and gas companies operating in Nigeria remitted $6.755 billion and ₦1.529 trillion to the Niger Delta Development Commission (NDDC) ...

Nigeria recorded a major increase in non-oil revenue in February 2026, with collections rising to N2.40 trillion, according to the latest ...

Nigeria’s gross external reserves rose to $50.886 billion as of June 16, 2026, placing the country within striking distance of ...

Nigeria’s Federation Account Allocation Committee (FAAC) has shared a total of N2.300 trillion among the three tiers of government as ...

Nigeria's crude oil production is showing signs of sustained recovery as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) intensifies efforts ...

The Federation Account Allocation Committee (FAAC) has shared a total of N2.3 trillion among the Federal Government, the 36 state governments, and ...