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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
June
 July August
Crude Oil Price (Bonny Light) 48.46 45.25 46.15
Domestic Production 1.77 1.65 1.50
Crude Oil Export 1.32 1.20 1.05
       
Note: mbd means million barrels per day
Source: Nigerian National Petroleum Corporation (NNPC) and Reuters
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Facts : 1/1/1900
BOFIA:In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria.
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