January 27, 2023/Coronation Research The latest gross monthly distribution for the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N990bn in January (from December revenue). This was an increase of 9.8% or N88.1bn from the previous payout (N902bn recorded in November ’22) […]
OPINION/EDITORIAL
Oil Gains Momentum On Strong U.S. Economic Data
January 27, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Oil continued to gain momentum this week, and despite fears of a slowdown in economic growth, the reopening of the Chinese economy is providing tailwinds for oil. Oilprice Alert: Whether you are new to the oil and gas industry or an energy market veteran, […]
Dangote Refinery: A Game Changer?
January 27, 2023/CSL Research The Dangote refinery is an integrated petrochemical refinery situated in the Lekki Free Zone, Lagos State. It has a capacity of 650,000 barrels per day (c. 159 liters per day) and the management plans to process about 540,000 barrels per day in the first phase of […]
