June 6, 2024/CSL Research Following the meeting held on June 2, 2024, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) set Nigeria’s crude oil production quota at 1.5 million barrels per day (mbpd) until December 2025. This decision follows the resolutions from the last ministerial meeting on […]
OPINION/EDITORIAL
Scars of Conflict Are Deeper and Longer Lasting in Middle East and Central Asia
(Credit: IOM 2016/Raber Aziz) June 5, 2024/IMFBlog By Colombe Ladreit, Borislava Mircheva, and Troy Matheson Economies across the Middle East and Central Asia are more affected by conflicts—even a decade after a severe conflict, their income per capita remains about 10 percent lower. The idea that violent conflict reduces economic output […]
CBN Revokes Heritage Bank’s Licence
June 5, 2024/United Capital Research The Nigerian banking sector is currently going through a transformation that will enable it to support a $1 trillion economy and as the CBN has shown, not everybody can come. On Monday 3 June 2024, the Central Bank of Nigeria revoked the Heritage bank Plc’s […]

