Post by Proshare (@Proshare)

Brent crude has swung from $120 per barrel in May to $68 in July, and Nigeria is feeling every move. The latest LBS Economic Business Series, presented by Bismarck Rewane of FDC Ltd, draws a sobering parallel with Nigeria's 1979 oil boom-to-bust cycle and maps the road ahead: GDP growth at 4%, inflation flatlining at 16%, a stock market in correction, and election-related pressures building ahead of January 2027. The Dangote Refinery offers some relief, with fuel prices tipped to reach N950/litre by August. Volatility, it seems, is now the opportunity.

https://proshare.co/articles/fragile-peace-this-time-volatility-is-economic-opportunity-lbs-ebs-july-2026?menu=Economy&classification=Read&category=Reviews

Brent crude has swung from $120 per barrel in May to $68 in July, and Nigeria is feeling every move....

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