Nigeria’s Oil Windfall Returns With Prices Above $113, but Old Risks Threaten to Undermine the Gains

Tekedia | 17-04-2026 03:09pm |

Nigeria is once again staring at a rare oil windfall as its crude grades climb above $113 per barrel, far outpacing global benchmark Brent crude and offering a potentially significant boost to government revenue, foreign exchange inflows, and fiscal stability. Market data show Nigeria’s flagship grades, Brass River and Qua Iboe, trading at $113.82 and

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