Image Credit: OPEC Fund The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of US$362 million in new loan agreements June 19, 2025/OPEC Fund Announcement of over US$1 billion new financing: OPEC Fund […]
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Federal Reserve Issues FOMC Statement
June 18, 2025/US Federal Reserve Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment […]
Dangote Refinery an Industrial Revolution, Liberating Nigeria – C’tee on Domestic Crude Oil Sales
June 19, 2025/Dangote Group The $20 billion Dangote Petroleum Refinery & Petrochemicals has been hailed as a symbol of industrial revolution, driving Nigeria’s economic emancipation. This commendation was made by the Technical Committee of the One-Stop Shop (OSS) for sale of crude and refined products in naira initiative during a […]
