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Nigeria Records $5.31bn Decline In Crude Oil Export Earnings
Summary by The Whistler Nigeria
1 Articles
1 Articles
Nigeria Records $5.31bn Decline In Crude Oil Export Earnings
…Oil Revenue Drop Underscores Pressure On Nigeria’s Economy Nigeria’s oil-dependent economy faced renewed strain as crude oil export earnings declined sharply, reinforcing concerns about the country’s fiscal stability and external sector resilience, THE WHISTLER can report. Data from the Central Bank of Nigeria (CBN) seen by THE WHISTLER showed that crude oil export earnings dropped by $5.31bn year-on-year, falling from $36.85bn in 2024 to $31.5…
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