Nigeria's leading finance and market intelligence news report.

Nigeria risks bleak future as Excess Crude Account depletes, oil fields idle

Nigeria’s idling oil fields and depleting Excess Crude Account (ECA) are dampening hopes of a bright future for the country’s economy. Despite Nigeria’s position as the largest producer and exporter of petroleum in Africa and one of the 10 largest producers in the world, the country is not maximising the potential in its oil sector…



Choose us for news analysis that respects your intelligence, time and money. Subscribe to BusinessDay to read full article

Comments are closed, but trackbacks and pingbacks are open.