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Energy Expert Urges President Tinubu to End Petrol Import Racket, Prioritise Local Refining

February 10, 2025/Dangote Group Energy expert Dan Kunle has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite the Dangote Petroleum Refinery’s capacity to meet domestic demand, is a disservice to the country.  Recent reports indicate that NNPC, […]

Equities Market Preview & Review

February 10, 2025/CSL Research Equities Market Preview & Review The Nigerian equities market ended the week on a positive note, with the All-Share Index (ASI) advancing by 138 basis points (bps) week-on-week (w/w) to close at 105,933.03 points. The market experienced a bullish performance during the week, closing in the […]

Nigeria’s Crude Oil Production Costs Remain Elevated

February 10, 2025/CSL Research Nigeria, Africa’s leading crude oil producer and one of the world’s largest, faces significantly higher production costs compared to other major oil-producing nations. According to a report from the Nigeria Extractive Industries Transparency Initiative (NEITI), the cost of crude production in the country ranges between US$25 […]