October 4, 2024/CSL Research Data from the recently released 2023 Petroleum Products Distribution Statis2tics by the National Bureau of Statistics (NBS) revealed that Nigeria produced only 1.46 billion litres of premium motor spirit (PMS), or petrol, domestically between 2015 and 2019. This low production was due to the country’s moribund […]
OPINION/EDITORIAL
CBN Ways and Means Loan – Restructured, Not Cleared
October 3, 2024/CSL Research In his address to the nation on Nigeria’s 64th Independence Day anniversary, President Bola Ahmed Tinubu announced that the Federal Government had settled the “ways and means” debt of over ₦30 trillion owed to the Central Bank of Nigeria (CBN). This was one of several positive […]
Guinea-Bissau is Using Blockchain to Boost Fiscal Transparency
(Credit: Tiago_Fernandez/iStock by Getty Images) October 2, 2024/IMFBlog Guinea-Bissau, a small nation on the coast of West Africa, has made a quantum leap into the future. In May 2024, the country successfully launched a blockchain platform—as part of the country’s program with the IMF, under the Extended Credit Facility (ECF)—designed to […]
