Market News
Nigeria bleeds $21m daily as output gap dents oil windfall - BUSINESSDAY
…FG begins direct remittance of oil revenue …Brent may hit $120- JP Morgain Africa’s biggest oil-producing country is forfeiting an estimated $21 million in oil revenue daily despite a surge in crude prices triggered by escalating geopolitical tensions in the Middle East, underscoring how chronic production shortfalls continue to blunt Nigeria’s windfall gains.




