Tag: Oil Revenue

Nigeria’s crude oil production is projected to rise to 1.72 million barrels per day (bpd) in the fourth quarter of ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) increased its profit after tax to ₦7.2 trillion in 2025, even as ...

Nigeria’s economy is becoming increasingly driven by non-oil activities, with the latest Gross Domestic Product data showing that the sector ...

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 ...