OPINION/EDITORIAL

The Federation Common-Purse Monthly Sharing Dips Further

March 27, 2023/CSL Research The Federation Account Allocation Committee – FAAC continues its constitutional duty of making monthly disbursements of Gross Revenue Allocation in accordance with the written rules of equity and fairness which guide the committee. A communique issued by FAAC in its latest meeting on Wednesday said it […]

African Oil & Gas Remains an Excellent Opportunity for Investments

Investing in African energy is smart today, and it will continue to be a savvy investment well into the future March 27, 2023/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber The African Energy Chamber is countering yet another argument in the onslaught of calls for Africa to give up […]

Another decent bond auction for the DMO

March 24, 2023/Coronation Report The DMO held its monthly auction of FGN bonds on Monday (20 March ’23). It offered N360bn (USD780.1m) but raised N563.2bn (USD1.2bn) through re-openings of the 13.98% FGN FEB 2028, 12.50% FGN APR 2032, 16.25% FGN APR 2037, and 14.80% FGN APR 2049 FGN bonds. The […]