Opinion

The purpose of adequate capitalization is to ensure efficiency and stability of the financial system.  Capital adequacy measures the capacity of a bank to meet its financial obligations and absorb any shocks related to losses.  It measures the financial soundness of a bank, ensures the safety of depositors’ funds, deepens financial intermediation and enhances the […]

By Michael Owhoko, Ph.D Disparity of roles between ecclesiastics and politicians are generally expected to translate to differences in values, lifestylesand creeds, but this pattern has been disrupted and bridged in Nigeria by materialism.  Moral disconnects, lust and insatiability for money, wealth, fame, influence and power have conspired to bring the men of God to

By NJ Ayuk The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a promising step on the long road to Africa’s just energy transition. The project, being jointly developed by Kinetic Energy of Australia and the Industrial Corporation of South Africa (IDC), a national development finance institution, will capitalize

​By Femi Falana, SAN Corruption clearly represents one of the most serious political, economic and societal problems. Corruption harms communities and impacts the global economy. It victimizes society’s most vulnerable and marginalized individuals because it affects their ability to meet their basic needs, and reduces their chances of overcoming poverty and exclusion. Corruption also discourages

By NJ Ayuk Consider this paradox: Nigeria has achieved the largest economy in Sub-Saharan Africa, but 45%, or about 85 million, of its residents still live without electricity. Across Sub-Saharan Africa, that figure looms to 600 million. I believe renewable energy is part of the solution to this dilemma — both in Nigeria and throughout

History books tell us that Mungo Park—a Scottish descent (1771 – 1806), seventh in the linage of thirteen siblings and of peasant parents though relatively well-off, was the progenitor of the river Niger explorations. Park, an explorer of historical repute, was credited to have discovered the river Niger, which later claimed his life in the

OPINION: Natural Gas Is Key to a Just African Energy Transition By NJ Ayuk It would be an understatement to say Tanzania’s Songo Songo gas field has been good for the country and its citizens. Since 2004, the project’s output has been put to work to benefit the Tanzanian economy, its domestic energy supply, energy

By NJ Ayuk It’s undeniable that the Russian invasion of Ukraine proved highly disruptive to world energy markets. This geopolitical clash led to the imposition of Western sanctions on the export of Russian oil and fuel and the imposition of a price cap on Russian crude by the G7 group. It also led to the

By Tshepo Ntsane The Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) represents an important international forum for countries to gather to discuss and address global climate change issues. However, to date these conferences have tended to be high level and process based, and COP 27 was no

By NJ Ayuk When the African Energy Chamber (AEC) published its African Energy Outlook for 2023, there was ample reason for optimism that Senegal was just months away from becoming a producer of both crude oil and natural gas. On the one hand, Australia’s Woodside Energy was talking confidently about bringing Sangomar, an oil-bearing offshore