WEEKLY SPECIAL INSIGHTS
Oil production hits 1.35million barrels/day, highest in 2023
Nigeria’s crude oil output rose to an all-time high of 1.35 million barrels per day in September 2023, as the country pumped its highest volume of crude oil so far since this year. Latest figures obtained from the Nigerian Upstream Petroleum Regulatory Commission, on Wednesday, showed that the country’s output in September was about 14 […]
‘Forex scarcity affecting imports’
The Nigeria Customs Service has expressed concerns over the rate of decline witnessed in the importation of cargoes into the country in recent times. The acting Comptroller General of Customs, Adewale Adeniyi, who made the disclosure while addressing journalists at Tincan Island Port, recently, blamed the exchange rate for the drop in importation. He explained […]