OPINION/EDITORIAL

US, UK, and Euro Area Remained Hawkish, Raised Rates in December

December 20, 2022/CSL Research The Russia-Ukraine war and its associated supply chain disruption which induced global inflation has continued to elicit hawkish monetary policies from across global economies. Ukraine is the world’s top producer of sunflower meal, oil, and seed and the world’s top exporter of sunflower meal and oil. […]

Nigeria’s Debt Crisis: A Menace to Look Out For?

December 20, 2022/United Capital Research According to Debt Management Office (DMO), Nigeria’s Federal Government public debt stock printed at N38.9tn in 9M-2022. This represents a 14.6% y/y increase compared to N33.9tn recorded in 9M-2021. On a q/q basis, total public debt stock rose by 2.4% compared to N38.0tn in H1-2022. […]

Independent Oil Companies Becoming Increasingly Larger Presence in Africa’s Oil and Gas Industry

 19 Dec 2022 #AEW2023 Image Credit: AEC December 19, 2022/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber It took less than 20 years for Somoil to become one of Angola’s largest private oil companies, but the company is hardly resting on its laurels. Somoil, like many independents operating in […]