(Credit: Vasili Binzari/iStock by Getty Images) June 12, 2023/IMFBlog By Antoinette M. Sayeh, Mahmoud Harb, and Jacques Charaoui In an uncertain world, budget revenue and spending often end up far away from government plans. Volatile growth, high universal subsidies, and loss-making state-owned enterprises expose many low- and middle-income economies in the Middle East, […]

June 13, 2023/CSL Research Based on news reports on Saturday, President Bola Ahmed Tinubu has signed the 2023 Electricity Act into law. The new law authorizes states, companies, and individuals to generate, transmit and distribute electricity. The new electricity law repeals the Electric Power Sector Reform Act (EPSRA) which was […]

June 13, 2023/InvestmentOne Report At the tail end of last week, the Governor of the CBN, Godwin Emefiele, was suspended from office by the President of Nigeria, Bola Tinubu due to ongoing investigation of his office. In addition to the suspension, Emefiele has been arrested and detained by the State […]