Nigeria rakes in $4.60bn crude oil revenues in one Year

The crude oil exports and sale by the Nigeria, Africa biggest exporter of the commodity, has hit $4.60 billion in one Year. The Nigerian  National Petroleum Corporation (NNPC), which confirmed this in its Monthly Financial and Operational Report (MFOR) for the month June released on Sunday, also announced a total crude oil and gas export receipt of $378.42million in June 2020. This is against $133.16 million it posted in May 2020, signaling a marked improvement in revenue earnings apparently following the ease of the COVID-19 pandemic global lockdown and the…

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