Oil Swings Put Nigeria’s Revenue, Naira Back In Focus
Brent crude fell 7.6% on Monday before rebounding above $106 a barrel on Tuesday after renewed US strikes on Iran. Nigeria’s 2026 budget assumes an oil price of $64.85 per barrel and production of 1.84 million barrels per day. The IMF estimates every $10 change in oil prices can shift Nigeria’s current-account balance by about
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