April 15, 2021/OilPrice.com It’s been a while since I’ve shared any new opportunities with my readers, but we’ve been playing a wait-and-see game for what I think are some of the biggest changes taking place in the global energy sector. In my view, never have we witnessed such a dramatic […]
Updates
Nigerians Paid Higher for Petrol by +18.76% Year-on-Year in March 2021-NBS
April 14, 2021/NBS Average price paid by consumers for premium motor spirit (petrol) increased by 18.76% year-on-year and month-on-month by 3.87% to N172.68 in March 2021 from N166.24 in February 2021. States with the highest average price of premium motor spirit (petrol) were Lagos (N200.87), Ebonyi (N184.17) and Niger (N183.50). […]
Gross Official Reserves Declined by US$280m to US$34.82bn in March 2021
April 14, 2021/Proshare by FBNQuest Research CBN data show that Nigeria’s gross official reserves declined by USD280m to USD34.82bn in March. In the name of accuracy, we should adjust this figure downwards to allow for the pipeline of delayed external payments, which the IMF estimated late last year at up […]
