BUA, Dangote and Price Fixing War, by Muhammad Sagir Bauchi
Around October 1929, values of stocks in the New York Stock Exchange (NSE) market dropped to an unprecedented record level. Within three days, many investors loss about five billion dollars. Towards the end of the...
Crude Oil Demand’ll Remain High Beyond 2040, Says Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that fossil fuel will remain relevant in the global energy mix for decades to come.
He said contrary to assumptions in some quarters,...
Downstream Operations Buoyed By $30bn Investment, Demand
Africa’s downstream sector has seen an injection of $30bn in investment, as the continent is one of the few regions where oil demand is expected to grow steadily for the next two decades, the African Refiners and Distributors...