…FG begins direct remittance of oil revenue
…Brent may hit $120- JP Morgain
Africa’s biggest oil-producing country is forfeiting an estimated $21 million in oil revenue daily despite a surge in crude prices triggered by escalating geopolitical tensions in the Middle East, underscoring how chronic production shortfalls continue to blunt Nigeria’s windfall gains.
Brent, the benchmark of Nigeria’s crude, jumped sharply on Monday after U.S. and Israeli military forces killed Iran’s Suprem
