Natural Oil, Gas Suppliers Seek Five-month Licencing Window for Diesel Importation
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), a body of organised suppliers, stakeholders and practitioners in the…
IOCs divestments, threat to Nigeria’s oil sector – FG
The Federal Government on Sunday night described the divestments by international oil companies from the Nigerian oil and gas sector…
US Dollar Mixed as Market Awaits Q1 GDP Data
The US dollar was mixed against its major trading partners early Wednesday as markets look ahead to the third estimate…
CBN Guarantees N130.90bn to Farmers under Agricultural Credit Scheme
The Central Bank of Nigeria (CBN) yesterday said a total of 1,232,326 loans valued at N130.90 billion had been guaranteed…
Marketers deny FG’s N74bn payment, warn of massive fuel queues
“Since he claims to have paid, we are not arguing but we challenge him to come out and name the…
Prices Of Essential Goods Skyrocket As East Africans Going Through Tough Economic Times
The problem in East Africa was mostly caused by external factors, including the ongoing war between Russia and Ukraine. The…
Dollar Scarcity Forces Kenyan Banks To “Ration” Sales To manufacturers, Importers
Due to growing dollar scarcity across Kenya, the Central Bank of Kenya (CBK) has directed commercial banks in the country…
African Countries With The Lowest Foreign Exchange Reserves
Amid forecasts of drastic declines in global economic growth and possible stagflation threats, many African countries are also grappling with a serious dollar shortage…
Operator-Friendly Policies Have Positioned Senegal and Mauritania Natural Gas Industries for Success
Senegal and Mauritania are rising fast in the world of natural gas — and this trajectory owes much to their…
IMF Executive Board Completes the First Review Under the Extended Credit Facility Arrangement for Niger, and Approves US$52.6 Million Disbursement
The unfolding acute food crisis and the deteriorating security situation in the Sahel region have increased fiscal pressures. The war…