Day: September 21, 2020
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In the hands of OPEC+
As we often write, Nigeria’s public finances – all the way from trade balances through to the Federal Government’s budget – work well when oil trades over US$50.00/bbl. We have seen some forecasts predict oil prices above US$50.00/bbl as early as Q4 this year, and indeed oil (in this case Brent) traded at around US$47.00/bbl […]
