June 27, 2023/Coronation Research The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade, shows that the total value of trade declined by -17.8% y/y to N12trn in Q1 ’23 compared with N14.6trn recorded in Q4 ’22. This decline can be partly attributed to […]
OPINION/EDITORIAL
Why Namibia Must Act Now to Guarantee Fiscal Stability for Energy Investors and Avoid Delays
One of the most practical ways for Namibia to do that is to update its petroleum contracts June 19, 2023/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber The world is watching Namibia. To be more specific, the energy world is watching. Ever since oil and gas majors Shell (United […]
Oil Production Hits 36million Barrels in May 2023
June 19, 2023/CSL Research According to the latest monthly oil market report obtained on Friday from the Organisation of Petroleum Exporting Countries (OPEC) for June 2023, Nigeria’s total oil production increased by 6.73 million barrels to 36.7 million barrels in May 2023. The report indicated that crude oil output from […]
