Nigeria’s crude export earnings fall 14% despite higher oil output

Source: BusinessDay Nigeria - Read the full article at the original source
Nigeria’s crude export earnings fall 14% despite higher oil output

<img src="https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-large.webp" alt="143 firms jostle for 50 oil blocks as 2025 licensing round reaches advanced stage" srcset="https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-medium.webp 300w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-large.webp 1024w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-768x432.webp 768w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-1536x864.webp 1536w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-1568x882.webp 1568w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-284x160.webp 284w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-254x143.webp 254w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-210x118.webp 210w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-100x56.webp 100w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil-285x160.webp 285w, https://cdn.businessday.ng/wp-content/uploads/2026/03/crude-oil.webp 1890w" loading="lazy" sizes="(max-width: 1024px) 100vw, 1024px" class=" pl" /><p>Nigeria&#8217;s crude oil export earnings declined by 14.4 percent to $31.54 billion in 2025, despite recording higher crude oil production</p>

<p>read more <a href="https://businessday.ng/energy/article/nigerias-crude-export-earnings-fall-14-despite-higher-oil-output/">Nigeria&#8217;s crude export earnings fall 14% despite higher oil output</a></p>

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