OPINION/EDITORIAL

Now is the Time for Namibia to Join Extractive Industries Transparency Initiative

Namibia has several financial accountability measures already in place — an existing governance structure that is very transparent, working anti-corruption laws, and requirements for the publishing of any payments to the state June 3, 2024/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber Namibia has four onshore and four offshore […]

FAAC Allocations and the Minimum Wage Saga

June 3, 2024/CSL Research A communique issued by the Federal Account Allocation Committee (FAAC) in April 2024 indicated that a total sum of N1.12trn was shared by the Federal Government, States and Local Government Councils. The total sum, which is 2.5% lower than the previous month’s distributable revenue of N1.15trn […]

Oil Prices Under Pressure Despite Expectations of an OPEC+ Deal Extension

May 31, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices remain under pressure this week despite expectations that OPEC+ will agree to extend production cuts at this Sunday’s meeting. Friday, May 31st 2024 The Memorial Day holidays, which usually trigger a bump in gasoline consumption, failed to drive a significant increase in fuel demand, adding […]