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...
Deadly protests happened in Kenya and Togo. In Kenya, 16 people were killed during demonstrations against the government. In Togo, seven people died during protests over economic problems. How can African governments keep peace during protests without using deadly force? President Bola Tinubu has signed four new tax laws. One significant change is that only the new Nigeria Revenue Service (NRS) will collect federal taxes. How will centralising tax collection under the NRS impact efficiency a...
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...
