BusinessDay
Nigeria's leading finance and market intelligence news report.

Nigeria needs oil prices at $200 per barrel for another boom

Even if oil prices were to hit $100 per barrel this year, it won’t be enough to save Nigeria’s ailing economy that faces a record seventh straight year of falling real income or per capita GDP in 2021. Decades of stagnating oil production and a fast-rising population have caused oil incomes to shrink to a…

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