Nigeria set for oil windfall as Brent surges above $88 on US-Iran conflict

By Udeme Akpan Nigeria is poised to benefit from the latest rally in the global oil market after Brent crude, the country’s major pricing benchmark, climbed to $88.10 per barrel, raising prospects for stronger crude oil earnings, improved foreign exchange inflows and better fiscal performance. The surge came as geopolitical tensions surrounding the United States-Iran […] The post Nigeria set for oil windfall as Brent surges above $88 on US-Iran conflict appeared first on Vanguard News.

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