5 reasons $71 oil price is not enough to boost Nigeria’s economy
Positive crude oil prices since the Organization of the Petroleum Exporting Countries (OPEC) projected increase in demand have raised hope of a better global fiscal performance after severe disruptions caused by COVID-19 that unsettled oil-dependent economies. On Thursday, Brent, against which Nigeria’s oil is priced, grew by 1.57 percent to open at $71.70 compared to…