The U.S. and Nigeria are experiencing diplomatic tensions after President Trump threatened possible military action over religious violence. Where is this going? Nigeria has approved a 15% import duty on petrol and diesel to encourage local refining, which may lead to increased fuel prices. Critics argue that it primarily benefits the Dangote refinery. Will this policy truly boost local refining, or will it simply make fuel more expensive for consumers? Yesterday, SBM Intel published its 20...
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The U.S. and Nigeria are experiencing diplomatic tensions after President Trump threatened possible military action over religious violence. Where is this going? Nigeria has approved a 15% import duty on petrol and diesel to encourage local refining, which may lead to increased fuel prices. Critics argue that it primarily benefits the Dangote refinery. Will this policy truly boost local refining, or will it simply make fuel more expensive for consumers? Yesterday, SBM Intel published its 20...
Ghana has signed a $256 million debt restructuring deal with the UK, while the IMF begins its fifth review of the country’s bailout, which could unlock more funds. Will this boost be enough to strengthen Ghana’s economic recovery? A gold mine collapse in Zamfara killed at least 13 miners, with officials blaming heavy rains and unsafe illegal mining. Can stronger regulation truly stop unsafe mining practices? Manufacturers caution that new tax stamps could raise costs and hurt competitivenes...
The Week Ahead
The U.S. and Nigeria are experiencing diplomatic tensions after President Trump threatened possible military action over religious violence. Where is this going? Nigeria has approved a 15% import duty on petrol and diesel to encourage local refining, which may lead to increased fuel prices. Critics argue that it primarily benefits the Dangote refinery. Will this policy truly boost local refining, or will it simply make fuel more expensive for consumers? Yesterday, SBM Intel published its 20...