Nigeria’s oil revenue

The growing pace of Russia’s oil in the Indian market is posing a further threat to Nigeria’s oil revenue, indicating uptake of Nigerian crude would diminish in the coming months. Since…

The ability of Nigerian states and other tiers of government to meet their various obligations is under more risk as gross monthly distribution by the Federation Account Allocation Committee…

Bullish crude oil prices since the beginning of the year have raised hope of a better global fiscal performance after severe disruptions caused by COVID-19 pandemic that unsettled…

Nigeria’s fiscal worries may worsen in 2021 as a strict deal by the Organization of Petroleum Exporting Countries (OPEC) has insisted Africa’s biggest oil-producing country cut production by…

Nigeria’s oil and gas revenues plunged from $54.5 billion in 2014 to $24.8 billion in 2015, while the country’s oil production fell from 798 million barrels in 2014 to 776 million barrels in…