BusinessNewsNigeriaOil Prices Hit $79, Surpass Nigeria’s Budget Benchmark
Crude oil prices surged sharply on Monday, climbing to $79 per barrel — the highest level in more than a year — and significantly above Nigeria’s budget benchmark. Brent crude, the global oil benchmark, rose by more than nine per cent to $79 per barrel for the first time since August 2024. The price briefly touched an intraday high of $82 before easing slightly in early trading. West Texas Intermediate (WTI), the United States benchmark,...









