OPEC+ Compliance In August Seen At 101% – Two Sources
Compliance with oil production cuts in August among OPEC+ members was seen at around 101%, two OPEC+ sources told Reuters…
Day: September 17, 2020
African Central Banks May Say They’ve Done What They Can for Now
African central banks meeting in the next two weeks may decide that they’ve done all they can for now to…
Tax-Free Airport Sales To End In January
The UK government is set to end tax-free sales at airports, ports and Eurostar stations from 1 January 2021, in…
The Structural Origins Of Rising Inflation
Headline inflation accelerated for the twelfth successive month in August to 13.22% y/y from 12.82% the previous month. (Our expectation,…
Deregulation: Ideally, Nigerians should be paying N183 per litre for petrol – FG
The federal government has not fully deregulated the petroleum sector and should it do so, Nigerians would be paying about…
FG, Lagos State Stop Barge Operations Along Marina Coastline
The Federal Government, in conjunction with Lagos State, yesterday ordered the stoppage of all barge operations, which have desecrated the…
Pound Near Two-Month Lows On Brexit Worries; Bank Of England Eyed
The British pound held within striking distance of a two-month low on Wednesday before a Bank of England decision on…
Dollar, Sterling, Euro Batter Naira Again In Parallel Market
The Naira has lost all its gains of two weeks ago against the US dollar and other major currencies and…
U.S Reviews Ban On Migrant Visa As Nigeria Meets 90% Requirement
The U.S. government has said that it is reevaluating its ban on some categories of Migrant Visas for Nigerians having…