Brent Crude Rally Lifts Some Pressure Off Nigerian Naira
LAGOS, Nigeria — May 6, 2025 A recent rally in Brent crude oil prices has provided a modest reprieve for the Nigerian naira, which has faced significant pressure in recent months due to fluctuating oil revenues and foreign exchange (FX) challenges. Brent crude, a global benchmark closely tied to Nigeria’s Bonny Light crude, surged past … Read more