OPINION/EDITORIAL

Nigeria’s Merchandise Trade Fell by 9% Y-o-Y to US$25.1bn in Q4 2023

June 3, 2024/FBNQuest Research The total provisional value of merchandise trade fell slightly by -1.0% Q-o-Q and -9% Y-o-Y to US$25.1bn in Q4 2023 according to the Central Bank of Nigeria’s (CBN) latest quarterly statistical bulletin. This decline was primarily due to reduced import trade, which decreased by 5% Q-o-Q […]

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 […]