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Singapore, Rwanda, Kenya’s electronic single window hold lessons for Nigeria
While the Federal Government of Nigeria has for years been nursing the idea of introducing the electronic single window platform for cargo clearing at the ports, shippers in East African…
Oil theft spooks operators, deepens underinvestment
The number of idle big-ticket oil and gas projects in Nigeria looks set to rise as massive crude theft that is defying the government’s efforts to curb it has left more operators spooked.…
Nigeria’s 1.83mbpd OPEC quota faces lingering hurdles
The Organization of Petroleum Exporting Countries (OPEC) and its allies agreed last Wednesday to increase crude production by 100,000 barrels per day (bpd) in September, raising Nigeria's…
From oil to gas, crude theft decimates Nigeria’s energy earnings
Nigeria’s 2022 earnings is set to take a beating over its inability to secure pipelines and protect its energy infrastructure, leading to widespread crude theft that is now the biggest…
Weak naira adds N548bn to Nigeria’s external debt
The external debt obligations of the federal and state governments in naira terms increased by an additional N548.07 billion between March 31 and August 1, 2022, due to the decline in the…