[mc4wp_form id=33047] The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged refiners, depot operators and petroleum products importers to immediately reduce their ex-depot and retail prices in response to the recent decline in global crude oil prices, arguing that Nigerian consumers should benefit from easing conditions in the international oil market. The…
The Independent National Electoral Commission , NEC, has debunked reports circulating on social media claiming that the Commission is recruiting for various positions. In a statement disclosed on Wednesday, INEC cautioned Nigerians to disregard the advert, which directs applicants to a fraudulent website, inecrecruitment.com, to complete their applications. The body also clarified that it does…
As interest rates begin to soften, fixed income investors are increasingly revisiting the role of bond duration in shaping portfolio returns. In an insightful conversation, Gautam Kaul, Senior Fund Manager – Fixed Income at Bandhan AMC, breaks down how duration plays a critical role in enhancing returns during a falling rate environment. From the mechanics…
Indian markets broke their 8-session falling streak after recovering from day’s low, thanks to the heavy lifting done by HDFC Bank while getting support from Reliance Industries (RIL) and Bajaj Finance. While the 30-stock S&P BSE Sensex finished at 75,996.86, gaining by 57.65 points or 0.08%, the broader Nifty rose by 30.25 points or 0.13%…
Currently, Maiduguri, the capital of Borno State in North East Nigeria is being flooded, with millions of people affected by the unfortunate situation. CONVERSEER reports that the flood, which started last weekend and increased in the early hours of Monday, 9th September 2024, in the Maiduguri metropolis, resulted from excess waters from the Alau Dam….
The Plateau State Governor, Caleb Muftwang, has raised concerns about the impact of inflation and the depreciating naira on the real value of the monthly federal allocation to state governments. The governor acknowledged that though the amount of the federal allocation has increased, its purchasing power has significantly diminished. “In terms of amount, it has…
Paris Fashion Week got a sizzling Afrobeats injection thanks to Adekunle Gold! “Falling Up,” by Adekunle Gold was selected to soundtrack the Louis Vuitton Men’s S/S 2025 fashion show. The song is a collaborative effort featuring Pharrell Williams and Nile Rodgers. Held outdoors at UNESCO headquarters on June 18th, 2024, the event itself was a…
