The Week Ahead
SBM Intelligence's take on Nigeria and Africa brought to you every week.
The Week Ahead
The only thing not rising
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Nigeria's crude oil production has reached a six-year high, exceeding its OPEC quota and signalling a recovery in the oil sector. At the same time, Dangote Refinery has started pricing fuel in U.S. dollars for bulk buyers. Does rising oil production outweigh the economic risks of dollar-priced fuel?
Nigeria raised ₦5.08 trillion through bond sales to finance government spending and infrastructure, reflecting strong investor confidence but also raising concerns about the country's growing debt. Should Nigeria rely more on borrowing or on increasing government revenue to fund development?
Ghana recorded 24,778 fraud cases, highlighting growing concerns over financial crime. What should Ghana prioritise: strengthening financial security or boosting economic growth?