Bismarck Rewane, chief executive of Financial Derivatives Company (FDC), says only five domestic airlines account for 75 percent of air traffic out of 23 active operators in the country. Rewane spoke on Thursday while delivering a presentation titled Aviation Financing in Nigeria: Risks, Opportunities and Prospects at the annual conference of the League of Airports […]
Bismarck Rewane, economist and chief executive of Financial Derivatives Company, has advised Nigerian policymakers to shift focus from positive economic indicators to policies that improve the lives of ordinary citizens. His comments follow recent data from the National Bureau of Statistics (NBS), which showed that Nigeria’s Gross Domestic Product (GDP) grew by 3.13% in the […]
Bismarck Rewane, a prominent economist and Managing Director of Financial Derivatives Company Limited, has expressed criticism over Nigeria’s approach to exporting crude oil, particularly in relation to the indigenous Dangote Refinery. Speaking on Channels Television’s Business Morning show, Rewane argued the importance of supplying crude to the Dangote Refinery. He emphasized that this would enable […]
Philip Clement – Abuja The Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed, has dismissed any insinuation that Nigeria will adjust her crude oil price projections in the 2020 budget. Following the bombings on oil installations in Saudi Arabia, crude oil prices had surged to its highest of about $70 bar barrel. However, […]