OPINION/EDITORIAL

Inflation Spikes Despite Harvest and Land Border Re-opening

January 18, 2021/Proshare FDC Ltd Nigeria’s headline inflation for December 2020 came in at 15.75%, much higher than analyst expectations and 0.86% above the November figure (14.89%). It is almost 7% above the upper limit of the CBN’s inflation target range (6-9%), bringing the average inflation in 2020 to 13.21%, […]

It’s Time to Rethink Licensing Rounds: For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current Environment May Require…Negotiation

While the details vary by country, the licensing round process has, in general, become too prone to delays and uncertainty January 18, 2021/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer […]

OPEC Predicts A Rebound In U.S. Shale

January 15, 2021/OilPrice.com Oil prices fell back on Friday morning as demand fears grow, but OPEC has predicted an increase in U.S. shale production at current price levels. Friday, January 15th, 2021 Oil prices fell back on Friday over demand concerns. News that China has reported its highest Covid-19 case […]