In Your Interest
February 19, 2024/CAMCAN Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024. Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) led […]
February 20, 2024/IMF On January 12, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment (PFA)1 and endorsed the Staff Appraisal on a lapse-of-time basis.2 Nigeria’s capacity to repay the Fund is adequate. President Tinubu has moved ahead with important structural reforms: removing fuel […]
February 20, 2024/FBNQuest Research Today, we continue our discussion on the balance of payments (BOP), and we shift our focus to the services account, a crucial component of the current account. As shown by our chart below, the services account registered a slightly higher net deficit of -USD3.3bn in Q3 […]