August 13, 2021/OilPrice.com Despite growing demand fears due to new outbreaks of covid across Asia, oil prices have remained resilient this week. Friday, August 13th, 2021 Crude prices have pulled off a noteworthy performance this week, with Brent remaining above the $70 per barrel mark despite mounting COVID fears in […]
OPINION/EDITORIAL
Apathy towards Ghana Eurobonds; What Should Nigeria Expect?
August 13, 2021/CSL Research In recent weeks, investors have continued to show apathy towards Ghana’s hard currency bonds, as the spread is relatively wider than those of its peers. For context, the Eurobond yield spread between Ghana ’49 and Nigeria ’47 is estimated at 160bps, 1.2x higher than the spread […]
The Dividend from Raising the Rate of VAT
August 12, 2021/Proshare by FBNQuest Research Drawing upon data from the Federal Inland Revenue Service (FIRS), the NBS distributes a quarterly update on the collection of VAT. The most recent (for Q2 ’21) shows that the total collected breached the NGN500bn threshold for the first time and increased by 3.2% […]
