CBN gives breakdown of Nigeria’s low crude earnings last experienced since January, 2022, at a time Saudi Arabia is earning $1 billion daily from oil The Central Bank of Nigeria (CBN) has revealed that federal government earnings from oil sales dropped to a four-month low. CBN stated this in its latest monthly economic report for January 2022. This is worrisome despite of higher oil prices than projected in the 2022 budget. According to the CBN data, Nigeria made N945 billion in January, this is 7.8 per cent less than…
Read MoreNigeria’s Oil Revenue Sinks to N945bn, 4-Month Low Despite High Price
