Nigeria’s oil revenue declines by 28.3% within a quarter, CBN reports
Nigeria’s oil revenue dipped by 28.3 percent between the fourth quarter of last year and the first quarter of this year, according to the Central Bank of Nigeria (CBN). In its economic report for the first quarter of 2022, the CBN said the country generated N799.1 billion from oil sector in Q1 2022., as against N1.11 trillion in Q4 2021. …