OPINION/EDITORIAL

Dangote Halts Fuel Sales in Naira, Raising Concerns Over Petrol Prices and FX Pressure

March 21, 2025/CSL Research Dangote Petroleum Refinery has temporarily suspended fuel sales in the local currency to prevent a financial mismatch between its crude oil purchases in US dollars and domestic fuel sales in Naira. As we discussed last week, the refinery has been increasing crude oil imports from the […]

Crypto Mining Statement: The Flame in Plato’s Cave

March 20, 2025/US SEC By Commissioner Caroline A. Crenshaw Caroline A. Crenshaw was unanimously confirmed by the U.S. Senate, and sworn into office as Commissioner of the U.S. Securities and Exchange Commission on August 17, 2020. Commissioner Crenshaw brings to the SEC a range of securities law and policy experience […]

Crude Oil Pipeline Explosions Threaten Nigeria’s Fiscal Position

March 20,2025/CSL Research On 19 March 2025, an explosion occurred at a pipeline manifold in the Omwawriwa area of Ogba-Egbema-Ndoni Local Government Area (ONELGA), Rivers State. The affected facility, which connects to a federal pipeline, transports petroleum products from Seplat, Agip, and Shell, supplying ONELGA, parts of Imo State, and […]