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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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Nigeria’s 2026 budget oil projections, which analysts see as unrealistic, could be at risk as oil prices could slip to $50 per barrel, according to a research report. India’s SBI Research forecasts that Brent, which is the global oil benchmark, as well as WTI and others, could slid to as low as $50 per barrel […]