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Nigeria’s Debt Servicing Hits Four-Year High in 2024

March 26, 2025/CSL Research Nigeria’s debt servicing costs soared to a four-year high of US$4.65 billion by the end of 2024, reflecting the Federal Government’s continued reliance on borrowing and the impact of Naira depreciation on external debt. According to data from the Central Bank of Nigeria (CBN), the country’s […]

FirstBank Files Appeal

Injunction and Stay of Execution Cargo Remains Under Arrest March 26, 2025/FirstBank of Nigeria In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank ’s claim held that the matter is not a maritime claim but […]

US Imports Over 2 million Barrels of Jet Fuel from Dangote Refinery

March 25, 2025/Dangote Group … experts hail refinery, call for support The growing influence of the Dangote Petroleum Refinery & Petrochemicals is extending far beyond Africa and the Middle East, as the United States imports over two million barrels of jet fuel from the world’s largest single-train refinery in March. […]