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Stephen Innes, Chief Global Market Strategist at Axi, gave key insights on the macros holding oil prices around $60 per barrel.
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On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
Stephen Innes, Chief Global Market Strategist at Axi, gave key insights on the macros holding oil prices around $60 per barrel.
Over the past decade, Shell’s Nigerian onshore joint venture SPDC has sold about 50% of its oil assets.
Enyo was established in 2017 as a downstream energy player and is majorly owned by Folawiyo Energy, a notable player in the oil and...
The review indicates that oil demand globally shows a curbed recovery over the next few years following the Covid-19 induced demand slump.
Stephen Innes, Chief Global Market Strategist at Axi gave an in-depth analysis of the fundamentals pushing oil prices lower.
Marketers have continued to let out their voices with regards to the inefficiencies in the deregulation process brought about the monopolistic supply nature of...
Oil prices are staying on course on the bias that the world’s largest economy has begun the vaccination campaign against COVID-19
As part of the fallout of the meeting, a technical committee has been set up to ensure price stability in the industry.
Following the SEC’s suspension of Oando’s AGM, the company has been unable to appoint Auditors to commence an audit exercise into the Company’s 2019...
A large portion of Nigeria’s forex earnings is derived from crude oil and low oil prices caused by a supply glut and lowered demand...