Nigeria might be heading for a hard financial crunch once again after the Organization of Petroleum Exporting Countries (OPEC), hinted the global financial community of its plan to end cuts.
Oil prices seemed to be turning in favor of Nigerian once again, when it slightly increased over the past few days, after a surprise fall in oil stocks last week.
But the oil joy was short lived, as OPEC’s decision to end some financial cuts that have been market over the past few years, will lead to a massive crash once again.
According to INVEST ADVOCATE, the new development will start next year.
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