Pascal Oparada
6997 articles published since 29 Nov 2021
6997 articles published since 29 Nov 2021
A top US investment and financial analytics firm, S&P Global, has disclosed that Dangote's gantry loading price is too expensive relative to the fall in crude prices
The Nigerian government issued about 47 refinery licenses in the last 12 months, according to the chief executive officer of the NMDPRA. Farouk Ahmed.
Aderonke Atoyebi, a tax analyst, has explained the benefits of the restarted naira-for-crude to the Nigerian economy, describing it as an axiom for a robust economy.
The Nigerian government is planning to build the National Petroleum Product Stockpile, modelled after the US, to hedge the country against shocks.
Nigeria has slashed electricity supply to Niger, capping it at 46mw from 80mw, representing 42% of total supply, leading to the country rationing electricity.
Telecommunication subscribers and bank customers will soon start paying for USSD transactions with their airtime instead of bank deposits to end debts.
The National Bureau of Statistics has disclosed that Nigeria's inflation rate spiked to 24.23%, caused by high food prices, which rose by almost 24%.
The Nigerian government has signed and submitted its ECOWAS Tariff Offer to the African Continental Free Trade Area, establishing a 90% duty waiver on the continent.
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has said that petrol prices could be sold as low as N350 per litre if crude falls to $50 per barrel.
Pascal Oparada
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