July 5, 2021/Punch By Femi Asu Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum Industry Bill passed by the National Assembly on Thursday. Companies holding refining licences include Dangote Oil Refinery Company, Waltersmith Refining & Petrochemical Company Limited, […]
OPINION/EDITORIAL
Kenya June 2021 CPI: Higher Energy Costs and Food Prices to Keep Prices Elevated
July 5, 2021/Cordros Report In line with our expectation, Kenya’s June inflation rate increased by 45bps to 6.32% y/y in June (May: 5.87% y/y) – the highest since February 2020 (7.17% y/y). The outturn was 10bps lower than Cordros’ estimate (6.42% y/y), with the largest deviation stemming from the food […]
Final Passage of the PIB; a Journey of Thousand Miles
July 5, 2021/CSL Research After more than a decade long tussle, the parliament finally passed the much-anticipated Petroleum Industry Bill (PIB) at last week’s plenary session. The PIB seeks to ensure reforms, promote transparency, and attract capital flows into the oil & gas sector. The upper chamber passed the bill […]
