January 18, 2021/Coronation Research When the World Bank recently published its Global Economics Prospects, we were surprised to see a 4.1% recession estimated for Nigeria in 2020. In our view, the Nigerian economy is somewhat stronger than that. Even though the World Bank and the IMF have enviable track records […]
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 […]
