OPINION/EDITORIAL

Nigeria Must Fully Implement the Petroleum Industry Act

The signing of the PIA represented the culmination of more than 20 years of efforts to reform an oil and gas sector plagued by long-standing problems on multiple fronts July 25, 2023/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber For years, on behalf of the African Energy Chamber (AEC), […]

WEO July 2023: Near-Term Resilience, Persistent Challenges

July 25, 2023/IMF Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. While the forecast for 2023 is modestly higher than predicted in the April 2023 World Economic Outlook (WEO), it remains weak by historical standards. The rise […]

Global Economy on Track but Not Yet Out of the Woods

(Credit: IMF) July 25, 2023/IMFBlog By Pierre-Olivier Gourinchas The global economy continues to gradually recover from the pandemic and Russia’s invasion of Ukraine. In the near term, the signs of progress are undeniable. The COVID-19 health crisis is officially over, and supply-chain disruptions have returned to pre-pandemic levels. Economic activity […]