Updates

FX Inflow Amounts to $11.69Bn and Outflow $15.30bn in Q3 2019

Culled—Porshare December 5, 2019 by FBNQuest Research We learn from the CBN’s Economic Report Third Quarter 2019 that its fx inflows in the period amounted to US$11.69bn, and its outflows US$15.30bn. Sales to authorized dealers accounted for US$10.11bn of the outflows. They lubricate the various windows and mechanisms within the […]

OPEC, Non OPEC Members to Focus on the Issue of Energy Poverty

December 5, 2019/AEC Global oil producers will convene today in Vienna, Austria for the 177th OPEC Meeting. Through the meeting, the producers are aiming to determine the management of oil production in 2020. The African Energy Chamber (https://EnergyChamber.org/) urges African OPEC and non-OPEC members to commit to the Declaration of […]