The Nigerian National Petroleum Company Limited (NNPC) has supplied four cargoes of crude oil to Dangote Refinery under the naira-for-crude sale agreement. Additional deliveries are expected in the coming weeks. A source from Dangote Refinery disclosed that the first phase of this naira-for-crude sale agreement is set for six months. The government will review the agreement at […]
The International Monetary Fund (IMF) has released its latest World Economic Outlook (WEO) report, forecasting that global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025. The IMF also projects that global inflation will continue to decrease, reaching 5.8 percent this year, before falling further to 4.3 percent[…]
Last week, the Nigerian stock market closed on a positive note with a marginal growth of 0.09%. Year to date, the market has returned 30.54%, with the All Share Index and Market Capitalization at 97,606.63 points and N56.088 trillion, respectively. Stock Market Outlook with Aruna Kebira, MD/CEO of Globalview Capital Limited: Q: The stock market closed on[…]