OPINION/EDITORIAL

Pacific Island Airlines: Flying on Empty?

(Photo: Antonistock by Getty Images) August 18, 2021/IMFBlog By Vybhavi Balasundharam and Leni Hunter With virtually no international travel since March 2020, national airlines in the Pacific face mounting financial difficulties. For Pacific Island countries this shock is particularly severe given the weak financial condition of national carriers prior to […]

The Hurried Return of Nigeria’s Overnight Millionaires

August 18, 2021/DLM Group By Shile Akinjo, Corporate Finance Analyst, Advisory, DLM Capital Group Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation. From catch phrases such as “Want to double your money in 2 days” to “Earn 30% […]

Petroleum Industry Act (PIA) Series 2: Analysing contentious issues

August 18, 2021/United Capital Report In today’s series, we look to examine some of the contentious contents of the act. First, the act also proposes that companies granted prospecting or mining lease are required to contribute 3.0% – 5.0% (upstream companies) and 2.0% (downstream companies) of actual operating expenditure in […]