OPINION/EDITORIAL

External Reserves Trot Higher on Stronger Crude Prices

April 22, 2021/United Capital Research Following two consecutive months of decline in gross external reserves (down 3.3% or $1.2bn m/m in Feb-2021 and down 0.8% or $279.4m in Mar-2021), gross reserves appear to be trotting higher in April, climbing 1.1% MTD or $398.4m. Year-to-Date, gross external reserves remain down by […]

After a cautious start, Africa’s policymakers should accelerate the implementation and adoption of AfCFTA

April 22, 2021/Edelman Vinod Madhavan, Head of Trade at Standard Bank Group   Africa’s policymakers need to ensure that the momentum behind the African Continental Free-trade Area (AfCFTA) is not lost following the trading bloc’s launch in January. This initiative could act a much-needed stimulus for the continent’s economies in […]

BUA Refinery: More is Better

April 21, 2021/Proshare by CSL Research BUA Group, one of the leading business conglomerates in Nigeria, recently signed a progress acknowledgement statement for Axens, a French firm that prides itself in powering integrated solutions worldwide. This acknowledgment is coming after an agreement reached by the two parties on 1 September […]