July 12, 2024/CSL Research Earlier this week, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that the total daily average crude oil production, including condensates,increased by 2.15% month-on-month (m/m) to 1.50 million barrels per day (mbpd) in June 2024, up from 1.46 mbpd in May 2024. The average crude oil […]
OPINION/EDITORIAL
PFAs Maintain Upward Trajectory in AUM Growth
July 11, 2024/Coronation Research According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +25.6% y/y to N20.2trn. Notably, FGN debt securities accounted for 63% of the total AUM in May ’24. Meanwhile, other asset classes […]
Local Government Autonomy, a Win for Fiscal Governance and Accountability
July 11, 2024/BudgIT BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has applauded the Supreme Court’s decisive ruling against state governors’ unconstitutional retention and utilisation of funds meant for the 774 Local Government Areas. Recall that in May, the Federal Government, through the Attorney-General […]
