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Why $70 oil price is bad news for Nigeria

Why $70 oil isn't good news for Nigeria
If you’re an economy that’s just come out of a five-quarter long recession that was mainly triggered by a drop in global oil prices—your main revenue source—then there’s good reason to be excited about oil returning to three-year highs of $70.


This post first appeared on African Business News | African Financial & Econom, please read the originial post: here

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Why $70 oil price is bad news for Nigeria

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