OPINION/EDITORIAL

Modest Expansion in Private Sector Credit

March 9, 2022/CSL Research The Central Bank of Nigeria (CBN) has sustained efforts to push more credit to the  economy. Based on the recently released money and credit statistics, lending to the private sector was up 0.7% m/m, reaching another high of N35.5tn in January 2022 from N35.2tn as of […]

Russian-Ukrainian Conflict and Implications on Upstream Coverage

March 9, 2022/Cardinal Stone Research Expectedly, the increasing intensity of Russia’s military operation in Ukraine has provoked severe sanctions from leading economies such as the USA, the UK, and the EU. Most notably, the USA recently banned Russian oil imports, and the UK said it would phase them out by […]

Mergers and Acquisition Trends within Africa’s Oil and Gas Industry in 2022

Despite operational challenges driving international majors to exit operations in some key African hydrocarbon producing countries, over 70% of the overall oil and gas production from Africa is estimated to be from partnerships between majors and NOCs through to 2026. Image Credit: AEC March 9, 2022/AEC Africa’s energy landscape is […]