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

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

Markets fall and US oil hits $100 as Trump fails to reassure Wall Street

Markets fall and US oil hits $100 as Trump fails to reassure Wall Street

President Donald Trump has a habit of bending the financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed up 1.7% and saw its fifth straight weekly decline, its worst performance since 2022 and a sign … Read more