When it comes to food commodities in Nigerian market, it is obvious that a single write-up won’t be enough to do justice to all of them. To this effect, we shall be limiting our focus to important and wide-known food items in Nigeria ranging from; Rice, Beans, Maize, groundnut, Yam, Palm oil, vegetable oil…
Nigeria energy market analysis is derived from the most recent key economic indiors, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive.
Recovery in oil market extends to the third consecutive month Data from the OPEC Monthly Oil Market Report for the month of July showed Brent was up 6% m/m to average U $43.22/b compared with US$40.77/b in June. We note that this is the third consecutive
This has pushed Nigerian crude values to record-lows and is weighing down on the already-depressed Atlantic Basin crude market. The fall in Nigerian crude differentials has been aclysmic. Bonny Light was assessed at a discount of $5.70/b to Dated Brent on Wednesday, its lowest level since S&P Global Platts started assessing the grade in July 2001.
The Nigerian Oil and Gas Update provides information on current developments on regulatory, accounting and tax matters affecting the industry. We hope that you find the insights in the publiion useful in making your business decisions. Update on cash call
Nigeria refineries in Nigeria are said to process almost no crude oil in the 13 months to end June, according to the latest data published by the Nigerian National Petroleum Corporation (NNPC) but cost $367 million during the period to maintain them. In the same period, operating costs for the country’s three main oil refineries, …
Learn about the current and historical daily wholesale prices of Palm Olein Oil by country and increase your market intelligence and insight. See more information about the global wholesale prices of Palm Olein Oil chevron_right
The Nigerian Oil and Gas Industry has developed, focusing on increasing indigenous participation in the industry. This is reflected through the Nigerian government initiative of increasing Local Content and ensuring that indigenous companies have a greater part in developing oil and gas assets. The current climate of the industry has largely been influenced by the…
Viju Milk Unveils Three New Products to Nigerian Market. Viju Industries Nigeria Limited recently introduced three new products to the market. These ready to consume products are: Viju Malt Drink, Viju Baked Yog 4sp temperature range food transfer hose
THE IMPACT OF OIL ON NIGERIA’S ECONOMIC POLICY FORMULATION By ‘Biodun Adedipe, Ph.D. Chief Consultant, B. Adedipe Associates Limited, Victoria Island, Lagos, Nigeria. 234-1-2619984, 4740321, 4613794 [email protected] [email protected]
Oil Market Lull: Nigerian economy increasingly becoming fragile – Report On Noveer 12, 2019 5:12 am In Energy by Nwafor Kindly Share This Story: By Michael Eboh THE Nigerian economy is
The Nigerian National Petroleum Corp. recently acknowledged that sabotage on its oil pipelines was on the rise. STALLED REFORMS Nigeria has been starved of new investments in oil and gas projects and one of the reasons for this has been the inertia caused by the lack of progress of the Petroleum Industry Governance Bill (PIGB).
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Africa Lubricants Market - Growth, Trends, and Forecast (2020 - 2025) The market is segmented by Group (Group I, Group II, Group III, Group IV, and Group V), Base Stock (Mineral Oil Lubricant, Synthetic Lubricant, and Semi-synthetic Lubricant), Product Type
Effect of Oil Price Movement on Stock Prices in the Nigerian Equity Market Chukwunonso T. Okany * International Training Institute, Central Bank of Nigeria. [email protected] Disclaimer: The views expressed in this paper are those of the author alone and do
Market participants said that oversupply of Bonga is putting pressure on the already distressed prompt end of the curve primarily traded on a CFR/CIF basis. On the demand side, "Cepsa, Total, ExxonMobil are not buying Bonga at this stage and India''s strategic petroleum reserve alone cannot support the grade," a European trader said.
Nigerians are lovers of tasty meals and globally, vegetable oils continue to play crucial roles in the preparation of such meals. More companies in the sector are Nosak Group, makers of Famili Pure Vegetable Oil, Sidex Nigeria Limited, makers of Lesieur Pure Vegetable Oil and other foreign-based companies whose products have found their way into the Nigerian market, like Wesson Canola Oil.
25/5/2020· Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.
Indigenous oil giant, Forte Oil Plc., in partnerships with Chevron Lubricants on Thursday re-launched the Havoline engine oil to the Nigerian market. The product launch was held at the Forte Oil station at Lekki Phase I, Lagos. The Havoline engine oil which had
Highlights Growing concerns protests will escalate in Niger Delta Militants supportive of antigovernment protests Oil demand starts to fall as key cities face curfews London — Nigeria is bracing for fresh disruption to its oil production and demand after violence sparked by weeks of nationwide protests against police brutality began spreading into the country’s key …
The report also bifures global Industrial Hose market based on industry type in chemicals, agriculture, automobile, oil & gas, mining, pharmaceuticals and others. Global Industrial Hose market report provides geographic analysis covering regions such as North America, Europe, Asia …
Nigeria’s offshore oil, gas market is huge – Baker Hughes Aug 22, 2014 Nigeria’s huge offshore oil and gas resources, which remain largely dormant, present opportunities for oil service providers such as Baker Hughes, which says it is poised to remain a major player in big offshore plays in the country.
This statistic depicts the oil production in Nigeria from 1998 to 2019. Nigeria’s oil production in 2019 amounted to some 2.1 million barrels per day. Nigeria and OPEC Nigeria joined the OPEC
A Crude Awakening: The Global Black Market for Oil The value of the crude oil production alone is worth a staggering $1.7 trillion each year. Add downstream fuels and other services to that, and oil is a money-making machine. Both companies and governments