Dangote Refinery Disputes Claims on Seven Cargo Allocation
Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited (NNPCL).
Senior officials at the refinery told our correspondent that,...
Proposed Telecom Tariff Hike will Reduce Inflation – Expert
The Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has expressed support for the proposed telecom tariff hike, citing its potential to enhance productivity and moderate inflation in the economy.
Speaking on Channels Television’s Business Morning on...
According to Bismarck Rewane, a popular economist and the Chief Executive Officer of Financial Derivatives, Nigeria’s $1 trillion economy target under President Bola Ahmed Tinubu will not be possible in the next four to five years.
According to Mr. Bismarck Rewane, in the aftermath of the #EndBadGovernance protests that swept across the country in the first week of August, the federal government is now intensifying its efforts to ensure that policy changes are having a positive and meaningful impact on the people’s welfare.
Mr. Bismarck Rewane, the Chief Executive, Financial Derivatives Company Limited, has warned that the inconsistencies in the federal government’s policies are taking a toll on the economy as well as investor confidence.
How Naira Appreciated by 13%, Ends 2023 at N907/$ at Official Market
The naira, on Friday, gained against the dollar at the official foreign exchange (FX) market, known as Nigerian Autonomous Foreign Exchange Market (NAFEM).
Data from FMDQ Securities, a platform that oversees foreign exchange trading...