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  • Economy

    The Unholy Union Between the Naira and Devaluation

    Fawaz Ayobami / February 28, 2021

    In 2020, the Naira lost 25% and 27% of its value at the NAFEX and parallel exchanges, respectively. This quickly disrupted my plans, as I had planned to upskill and purchase some courses…

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  • Business & Finance

    Is a Wave of Bankruptcies Heading for the Offshore Oil Industry?

    Aminu Musa / August 23, 2020

    Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a swap of some $6.5 billion in debt that will see…

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  • Agencies

    Can OPEC+ Still Justify Its Deep Output Cuts?

    Joshua Olorunsaiye / July 15, 2020

    OPEC+ compliance rose sharply in June, helping to tighten up the market. The improved compliance also boosted confidence and cohesion in the group’s collective effort ahead of a possible loosening of the supply…

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  • Africa & World Economy

    US Shale Could Crash the Oil Market Recovery

    Abubakar Abdulrahman / May 22, 2020

    The oil price crash was the result of a severe decline in international oil demand thanks to the spread of the novel coronavirus, made infinitely worse by an ensuing oil price war between…

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  • Articles

    Why the Central Bank of Nigeria will Devalue the Currency in 2020

    Abdulazeez Kuranga / March 8, 2020

    With the Coronavirus outbreak having its toll on business and economic activities, recently released trade figures as well as policies not having their desired effects, we believe that there will be an unexpected…

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  • Articles

    What is the Impact of Coronavirus on the Nigerian Economy?

    Abdulazeez Kuranga / February 15, 2020

    An Introduction Though started on December 30 2019 when Dr. Li Wenliang dropped bombshell in his medical school alumni group on WeChat about the kind of illness he had seen from seven patients,…

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