Global Oil Demand Faces Slowdown As OPEC Downgrades Forecast
By Charles Ebi
Organization of Petroleum Exporting Countries has lowered its 2024 global oil demand growth forecast for the fifth consecutive month, cutting the estimate...
Concerns As Power Grid Collapses For 11th Time In 2024Â
...As many energy experts proposed power decentralisationÂ
By Charles Ebi
Nigeria yesterday recorded another grid collapse which has thrown towns and villages into darkness.
The latest collapse...
Naira Plunges To N1,745/$1, Traders Blame Speculators
Exchange rate between the Naira and Dollar slid back to around N1,745/$1 on the parallel market a sharp reversal from the sub N1,600 levels...
Cash Scarcity Hits Calabar As Long Queues Resurface At ATMs
By Ekpo Duke, Calabar
Some residents of Calabar, Cross River State, have raised alarm over their inability to access cash from banks and Automated Teller...
Tax Reform Bills: Oyedele Faults RMAFC’s Proposal On VAT Allocation
… Says proposal to tag VAT collections to end-user locations not practicable
…mocks RMAFC over new revenue allocation formula years after
By Dickson Pat
Chairman of the...