Nigeria’s 2026 budget faces pressure as Citi sees Brent crude falling to $60

2 weeks ago

A new prediction by Citi suggesting that Brent crude prices could fall to $60 per barrel by the end of the year would mean increased challenges for Nigeria’s economic outlook. A substantial shortfall in anticipated revenues could widen Nigeria’s fiscal deficit, resulting in cuts to public spending with current production at this rate and oil […]

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