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NIGERIA’S 2026 budget may come under renewed pressure after global financial services firm Citi projected that Brent crude prices could decline to about $60 per barrel by the end of the year, raising concerns over government revenue and fiscal stability. The forecast suggests Nigeria could face a significant revenue shortfall if crude prices weaken further, […]
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DANGOTE Petroleum Refinery is facing renewed pressure to further cut the petrol price as oil continues to decline due to the fresh US-Iran peace agreement achieved on Wednesday. Oil crashed in early Asian trading on Thursday after the United States and Iran formally signed an agreement that paves the way for the reopening of the […]