Tag: Nigeria oil revenue

N5tn Windfall Sparks Outrage as Fuel Prices Hammer Nigerians

N5tn Windfall Sparks Outrage as Fuel Prices Hammer Nigerians

Nigeria earned an estimated N5.13 trillion in oil revenue windfalls in March and April, driven by a surge in global crude prices linked to tensions between the United States and Iran, far exceeding the Federal Government’s 2026 budget…

Analysts Warn FG as UAE Exit Raises Doubts Over OPEC Strength

by Nigerian Mirror

Analysts Warn FG as UAE Exit Raises Doubts Over OPEC Strength

The planned withdrawal of the United Arab Emirates from the Organization of the Petroleum Exporting Countries is raising concerns among energy analysts, who warn the move could weaken the group’s influence on global oil prices and hurt Nigeria’s…