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...
Gunmen killed scores of people in Yelwata, Benue State. The killings are causing mass displacement and threatening food security, especially since most victims are farmers. What steps should the government take to prevent further attacks and protect vulnerable farming communities in Benue State? China has announced that it will eliminate import taxes on goods from all 53 African countries with which it maintains diplomatic relations, building on a 2023 agreement that removed tariffs for 33 p...
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...