Russia/Ukraine: Nigeria Records Over $5.6bn Revenue Shortfall Despite Rising Oil Prices
Africa’s largest oil producer ought to be benefitting from rising oil prices caused by the Russia/Ukraine conflict. But Nigeria has lost over $5.6bn in projected revenue since oil prices rose in late February. THE AFRICA reports. Information Guide Nigeria
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Russia invaded Ukraine on 24 February 2022, oil prices went through the roof. The price of Brent crude has remained at an average of $108 per barrel since early March. jamb results
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