OPINION/EDITORIAL

Sustained Economic Growth Hinges on Productivity Gains as Populations Age

(Credit: Illustration by Eiko Ojala) September 4, 2024/IMFBlog By Gita Bhatt “Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of Diminished Expectations, “but in the long run it is almost everything.”  Productivity is a foundation of prosperity. The only way a country can raise its standard […]

Finally NNPC Lifts Petrol from Dangote Refinery

September 4, 2024/CSL Research Based on news reports, the Nigerian National Petroleum Company (NNPC) Limited has commenced the transportation of Premium Motor Spirit (PMS) from the Dangote Refinery in Lekki, Lagos. According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Dangote Refinery is set to deliver 25 […]

Brent Plunges Below $75 as Bearish Sentiment Builds

September 3, 2024/Oilprice.com By Charles Kennedy Oil prices fell early on Tuesday with Brent breaking below the $75 threshold for the first time this year as concerns about global oil demand continued to trump Libya’s production decline. As of 9:21 a.m. EDT on Tuesday, Brent Crude had slumped by 3.47% […]