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Nigeria recorded N16 trillion naira from crude oil sales between January and September...

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Published (Updated) on Wednesday, December 7, 2022

Nigeria recorded N16 trillion naira from crude oil sales between January and September, according to newly released government data, weeks after the country’s apex bank said the state-oil company has yet to make remittance to it.

Godwin Emefiele, governor of CBN, last month said foreign exchange receipt from crude oil sales into Nigeria’s official reserves has dried up steadily from above $3 billion dollars monthly in 2014 to $0 today...
Source: businessday.ng..
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