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Rewane: Five airlines control 75% of Nigeria’s domestic air traffic

Awwal Owolabi 9 August 2025 0

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,

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Rewane to FG: GDP growth means nothing if people remain poor

Promise Eze 27 July 2025 0

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

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‘It does not make sense to export crude and not supply Dangote refinery’ — Rewane

Ihesiulo Grace 28 November 2023 0

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

Business Economy Oil & Gas

Despite crude oil surge, Nigeria won’t adjust projections for 2020 budget – Minister

Ihesiulo Grace 17 September 2019 0

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, […]