•Apex bank confirms slide in export By Chika Amanze-Nwachuku, 06.23.2009
The Central Bank of Nigeria (CBN) yesterday confirmed a drop in Nigeria’s crude oil export, owing to the rising violence in the oil-rich Niger Delta.This is as indications have emerged that Nigeria may find it difficult to meet its implied Organisation of Petroleum Exporting Countries (OPEC) production quota of 1.67 million barrel per day (bpd), owing to recent shut-ins as a result of renewed unre...