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Analysts had predicted a draw of 2.114 million barrels for the week.
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Analysts had predicted a draw of 2.114 million barrels for the week.
This premium is for a period of 12 months.
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Nigeria faced an excruciating foreign currency crisis in 2020 as the fall in oil prices, global lockdown due to Covid-19.
The firm didn’t offer any information about how it plans to structure the deals or pay for the stakes.
Rising oil prices bodes well for the Nigerian budget, given its benchmark price for crude-oil for the 2021 fiscal year.
The statement is aimed at debunking news on social media that it has shut the branches.
Tayo Amusan, chairman, Ketron Investment Limited, said that the Federal Competition and Consumer Protection Commission had approved a change of ownership.