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Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)


Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)
Year 2016
Month
February
March April
Crude Oil Price (Bonny Light) 31.70 37.76 41.59
Domestic Production 2.11 1.92 1.99
Crude Oil Export 1.66 1.47 1.54
       
Note: mbd means million barrels per day
Source: Nigerian National Petroleum Corporation (NNPC) and Reuters
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Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
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