Nigeria: Earnings from PPT, royalties drops to N314bn in Q1

01 July 2016, Sweetcrude, Abuja — Nigerian earned N314.04 billion from Petroleum Profit Tax (PPT) and Royalties in three months, between January and March 2016, according to the Central Bank of Nigeria, CBN. The CBN, in its Economic Report for the First Quarter of 2016, revealed that the amount earned from PPT/Royalties represented a decline […] More »