August 3, 2025

Eyes fresh supply boost amid Nigeria’s oil price

Business

OPEC+ Eyes Fresh Supply Boost Amid Nigeria’s Oil Price and Revenue Uncertainty

Abuja | July 29, 2025 — The Organization of the Petroleum Exporting Countries and its allies (OPEC+) is reportedly considering a new oil supply surge in the coming months, raising fresh concerns for Nigeria as it braces for heightened volatility in crude oil prices and government revenue. According to insiders familiar with the cartel’s deliberations,

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