Nigeria’s oil production faces a new threat – Report
Article summary The blending of WTI and Brazilian grades to make a more affordable Nigerian substitute grade has been occurring for some weeks, leading to a material decline in demand…
DAPPMAN advocates for alternative energy sources, seeks reduction in charges and taxes
Article summary DAPPMAN met with President Tinubu on June 7 and made some demands that could enable ease of business in Nigeria’s oil market. The association is in full support…
Once we get macroeconomic issues right, opportunities will emerge from every sector – Muda Yusuf
Article Summary He said this recently at Nairametrics’ Quarterly Economic Outlook themed: Fostering Economic Resilience: Harnessing Opportunities for Development. The panel of discussion featured prominent economists, including Dr Muda Yusuf,…
Revealed: Fuel pump price rose to 800 CFA in Benin Republic after Nigeria’s subsidy removal – KPMG
Article summary The fuel pump price increase in Benin Republic immediately after Nigeria ended its fuel subsidy regime, increases the likelihood of fuel being successfully smuggled to neighboring countries. There…
Insights: Targeted safety net programs will protect Nigerians from fuel subsidy removal burdens – KPMG Nigeria
Article summary KPMG Nigeria has outlined several ways the Tinubu administration can redeploy fuel subsidy savings, following the full removal of the regime. According to KPMG, Fuel subsidies have hampered…
Nigeria’s foreign trade falls to N12 trillion in Q1 2023
Article Summary Nigeria’s foreign trade in the first quarter of 2023 decreased by 17.5% compared to the same period in 2022 but increased by 2.8% from the previous quarter. The…
How Nigeria can attract foreign investment to achieve forex stability- Chinwe Egwim
Article Summary Chinwe Egwin speaks on the economic agenda of the new administration and how the president can attract foreign investment to achieve the forex stability being sought for She…
There should be policy reset at the CBN – Economists
Article summary Economists the CBN should consider policy reset to unify the country’s currency exchange rate If the policies are clear and open the dollars will flow in For manufacturers.…
Insights: Every economic sector in Nigeria is underperforming -Yemi Kale
Article Summary Since most sectors are underperforming, this happened to be the reason main Nigeria is unable to achieve its potential for economic growth. Political instability for a long period…
Insight: Nigeria’s large youth population is a major attraction for foreign investors – Dr Yemi Kale
Article Summary Dr Yemi Kale highlighted the key advantage Nigeria has over other African countries in terms of opportunities and strengths. According to him, Nigeria’s large potential gives us that…