AFR

Nigeria’s biggest oil refinery fails to curb record petrol prices

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Nigeria's biggest oil refinery fails to curb record petrol prices

Competitor Dangote has been forced to import raw materials, exposing Nigeria to global price shocks Nigeria’s petrol pump prices rise by 65%, the highest in Africa The collaborative approach has led to a reduction in household raw food supply Nigeria does not have a formal fuel storage policy LAGOS, March 30 (Reuters) – Fuel prices … Read more

Emerging market debt is falling as the Iran war drags down markets.

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Strong CEEMEA credit issuance in January and February pushed it to a Q1 record

Emerging market debt prices hit record highs ahead of Iran’s war-torn country Angola’s external debt has decreased since the war Strong secondary market demand for high-quality Gulf credit Private deals can be attractive if uncertainty persists LONDON, March 27 (Reuters) – A record start to the year for sales of emerging debt has largely stalled … Read more