August 16, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Nigeria’s crude oil production now 1.3mbpd – OPEC Nigeria’s average daily crude oil production increased marginally from 1.27mbpd in June to 1.30mbpd in July. This indicates an addition of 30 barrels of crude oil per day in July. Read More […]
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Intraday Update: Nigerian Stocks Gain +0.03%, Driven by Blue Chips
August 16, 2024/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: OANDO (+9.97%), RTBRISCOE (+9.68%), DEAPCAP (-8.51%) and GUINEAINS (-7.50%). Sector Performances: Consumer Goods (+0.01%), Industrial (+0.01%), Oil & Gas (+0.01%) and Banking (-0.04%). Market activity: In today’s trade, total volume decreased by 16% while total value increased […]
Delay in crude supply to Dangote Refinery Poses Risk to Nigeria’s economy – EIU Report
August 15, 2024/Dangote Group The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put additional pressure on the naira. The research and analysis division of the Economist Group said the Dangote […]
