Day: October 8, 2024

According to a recent report by Analysts Data Services and Resources (ADSR) Limited, titled Impact of Dangote Refinery on the Nigerian Economy, the refinery, owned by Aliko Dangote, is expected...

Following Thursday's trading session, the naira improved by 0.6%, with the dollar being quoted at N1,659.26, up from Wednesday's close of N1,669.15 at the Nigerian Autonomous Foreign Exchange Market (NAFEM)....

The refinery, located in Pointe-a-Pierre, Trinidad, has been inactive since 2018, following years of financial losses, with the latest figures showing accumulated losses of $15 billion and a public debt...

Key Stock Performances: Fidelity Bank Plc: Its share price surged by 10%, rising from N13 to N14.30. The bank had recently announced a proposed interim dividend of 85 kobo per...

Comparative Analysis with Other Oil-Producing Nations **1. *Strategic Diversification:* Saudi Arabia and the United Arab Emirates (UAE) have successfully leveraged oil booms to invest in infrastructure, diversify their economies, and...