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The week ahead - Flowing forward

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Manage episode 493831895 series 3573445
Content provided by SBM Intelligence. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SBM Intelligence or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

There’s a fuel price battle happening in Nigeria. Dangote Refinery cut its petrol price to ₦820 per litre, pushing other marketers like MRS Oil and NNPC to drop their prices too. This means petrol prices now vary in different places. Is the current fuel price competition good news for Nigerians, or just a temporary fix in a broken system?
Nigeria's Naira is no longer moving up and down with oil prices like it used to. Now, the Naira depends more on investor confidence than oil prices. Experts think the Naira will stay around ₦1,556 per dollar by the end of the year. Is Nigeria finally reducing its dependence on oil for real?
Nigerian banks are now allowing people to use their Naira debit cards for international spending again. The move shows that access to foreign exchange is improving and helps people trust the system more. Is this a sign that Nigeria’s forex situation is finally getting better?

Support the show

  continue reading

59 episodes

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iconShare
 
Manage episode 493831895 series 3573445
Content provided by SBM Intelligence. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SBM Intelligence or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

There’s a fuel price battle happening in Nigeria. Dangote Refinery cut its petrol price to ₦820 per litre, pushing other marketers like MRS Oil and NNPC to drop their prices too. This means petrol prices now vary in different places. Is the current fuel price competition good news for Nigerians, or just a temporary fix in a broken system?
Nigeria's Naira is no longer moving up and down with oil prices like it used to. Now, the Naira depends more on investor confidence than oil prices. Experts think the Naira will stay around ₦1,556 per dollar by the end of the year. Is Nigeria finally reducing its dependence on oil for real?
Nigerian banks are now allowing people to use their Naira debit cards for international spending again. The move shows that access to foreign exchange is improving and helps people trust the system more. Is this a sign that Nigeria’s forex situation is finally getting better?

Support the show

  continue reading

59 episodes

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