Oil Revenue Hits ₦70.1tn in 15 Months as Brent Prices, FX Gains Offset Output Slump

Primanews | 25-06-2025 01:46am |

Nigeria generated ₦70.1 trillion in oil export revenue between January 2024 and March 2025, according to new data from the National Bureau of Statistics (NBS). Despite persistent production challenges and systemic underinvestment, the country’s oil and gas sector delivered a strong earnings performance over the 15-month period, driven by favourable global crude prices and exchange [...]

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