Nigeria faces further revenue slump as Iran returns to oil market

Nigeria’s dwindling oil revenue is expected to fall further as Iran is set to commence immediate exports of at least 500,00 barrels of crude oil per day (bpd) following the lifting of international sanctions against the country at the weekend, thus worsening the oil glut in the global market. The federal government’s 2016 budget, which […]

Nigeria faces further revenue slump as Iran returns to oil market

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