March 26, 2021/IMFBlog By Mai Chi Dao, Andreas Jobst, Aiko Mineshima, and Srobona Mitra A robust post-COVID-19 recovery will depend on banks having sufficient capital to provide credit. While most European banks entered the pandemic with strong capital levels, they are highly exposed to economic sectors hit hard by the […]

March 26, 2021/Proshare By CSL Research According to a Business Day report, Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, noted the corporation can no longer bear the over N120bn monthly subsidy on Premium Motor Spirit (PMS) also known as petrol. He noted that the NNPC […]

The EACOP project risks driving East Africa further into unsustainable debt at the mere prospect of reaping meagre earnings with the only entities bound to benefit being the foreign oil companies March 26, 2021/350.org By Charity Migwi, Edwin Mumbere and Evelyn Acham The East African Crude Oil Pipeline (EACOP) is […]