Geopolitical tensions lifting crude prices could strengthen fiscal flows and stabilise salary-backed lending, according to a strategy report by Credit Direct Finance Company Limited.
A surge in global oil prices triggered by rising tensions in the Middle East may be quietly improving financial conditions in an unlikely corner of Nigeria’s economy: the consumer lending market tied to public sector payrolls. Brent crude, which traded around $73 per barrel before the escalation of hostilities, has since climbed to about $85.91, reflecting marke
