According to a recent report by BMI, a division of Fitch Solutions, Nigeria is projected to experience an increase of N6.8 trillion in oil revenue by 2026 due to rising global crude prices driven by heightened tensions between the United States and Iran. The firm has adjusted its Brent crude price forecast upwards in its latest assessment of the Sub-Saharan Africa market for April 2026. This anticipated revenue windfall underscores the potential economic impact of international geopolitical dynamics on Nigeria's oil sector.
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