The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens to undermine the continent’s energy development and economic progress says the African Energy Chamber August 8, 2024/AEC — In recent years, several Western banks and financial […]
Other News
OPEC says Dangote Refinery’s Diesel, Jet Fuel Supplies to Disrupt Europe’s oil & Gas Industry
…It is a big plus to Nigeria’s economy August 8, 2024/Dangote Group The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly […]
NGXASI Advance by +1.03%, Buoyed by Bellwether Counters
August 8, 2024/InvestmentOne Report The NGXASI advanced by 1.03% today to close at 98,118.30pts, as the bullish momentum on MTNN (+10.00%), OANDO (+9.97%) and ZENITHBANK (+2.70%) pushed the local bourse into the positive terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note today as yields […]
