OPINION/EDITORIAL

War in Ukraine and inflation slow growth in EBRD regions

May 10, 2022/EBRD By Marcus  Warren Image Credit: EBRD WATCH OUR LIVESTREAM OF THE EVENT 2022 forecast revised down by 0.6 percentage points on projections in March This year’s forecast for Ukraine is now negative growth of 30 per cent Inflation reaching levels not seen since the 2008 financial crisis […]

War to cause Ukraine economy to shrink nearly a third this year – EBRD report

May 10, 2022/EBRD By Vanora Bennett Image Credit: EBRD Russia’s war on Ukraine will cause the latter’s economy to shrink by nearly a third this year, the latest forecast from the European Bank for Reconstruction and Development shows. Ukraine’s GDP will suffer negative growth of 30 per cent in 2022, a […]

Gas Flaring Tremors

May 9, 2022/CSL Research The World Bank’s Global Gas Flaring Reduction Partnership (GGFR) in its 2022 Global Gas Flaring Tracker report ranked Nigeria as the 7th largest gas flaring country globally in 2021. Based on the satellite data, about 143.4 billion cubic meters (bcm) was flared at upstream oil and […]