CBN blames ageing pipelines for oil revenue crash

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quarter of 2024 to ageing pipeline infrastructure and operational inefficiencies. According to the apex bank’s latest economic report for the third quarter of 2024, oil revenue fell by 24.72 per cent to N1.30tn compared to the second quarter of

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Osun gov denies securing $35m loan, rejects APC accusations

The Osun State chapter of the All Progressives Congress has accused Governor Ademola Adeleke’s administration …

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