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Nigeria’s 2021 oil revenue at risk as OPEC’S new deal mandates 939,000 bpd cut

Nigeria’s fiscal worries may worsen in 2021 as a strict deal by the Organization of Petroleum Exporting Countries (OPEC) has insisted Africa’s biggest oil-producing country cut production by 939,000bpd within the next three months. The deal expected to help prop up prices which have been battered by a price war between Saudi Arabia and Russia,…

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