…with David Copley, Special Assistant to the President and Senior Director for Global Supply Chain at the U.S. Owoeye-Wise said, “National Security Council and Diana London of DCI Group. The meeting is aimed at deepening the Nigeria–United States strategic partnership and driving increased investment into Nigeria’s soli…

…of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made this disclosure in its 2025 Annual report and statement of account released yesterday. The report stated: “Crude oil export earnings fell by 14.41 per c…

…investment would be better positioned to benefit from the ongoing diversification of global supply chains. She said Nigeria should continue implementing broad-based macroeconomic reforms while taking a careful approach to fiscal policy, debt management and job creation, stressing that citizens must begin to experience…

…sustaining at least 60 days of national fuel consumption to protect the country against global supply shocks. While supporting government’s efforts to expand domestic refining capacity, MEMAN maintained that decisions on petroleum imports should remain with the Federal Government and NMDPRA to ensure adequate supply, c…

…— giving factories, for the first time in years, the conditions to plan and invest. “Global supply chains are being redrawn as companies diversify, and ‘a factory anchored in another country this decade will not move twice.’ And AfCFTA cuts both ways: ‘Either our goods are crossing borders going out, or everyone else’s…

…for primary steel production in our country, we will become entirely dependent on global supply.”Jingye launched a consultation on closing the plant in March last year, citing losses of £700,000 a day. The National Audit Office later revealed it was costing the government about £1.3m daily to keep the site running.The…

…sector in Nigeria. To what extent have higher crude oil prices and disruptions to global supply chains influenced the prices of petrol, diesel and aviation fuel in Nigeria? It has really affected a whole lot, largely on aviation fuel. It has even helped Nigeria to be ranked among the top exporters of aviation fuel. For…

…crude oil and import expensive refined petroleum products, exposing their economies to global supply disruptions and price volatility. The commissioning of the 650,000-barrel-per-day Dangote Petroleum Refinery in Nigeria marked a major shift in the continent's refining landscape, boosting local fuel production and enco…

…for companies seeking foreign investment, international financing or participation in global supply chains. "It is not about producing another report. It is not about compliance for compliance's sake. It is about providing information that helps investors, lenders and other stakeholders make better decisions. It is abo…

…identified several factors responsible for the current rise in LPG prices, including global supply disruptions and price volatility arising from the Israel-Iran conflict. It also linked the situation to shortfalls in domestic supply created by incomplete domestication of local LPG production, low import volumes, non-co…

…Across the world, countries are rethinking how they build economic resilience. Global supply chain disruptions, geopolitical tensions, and growing competition for strategic technologies have […]