OPINION/EDITORIAL

Revenue from VAT Increases by 29.26% to N1.53 trillion in 2020; MPC Holds Key Rates

January 29, 2021/Cowry Asset In the just concluded week, data released from the National Bureau of Statistics (NBS) showed that revenue from both the Company Income Tax (CIT) and the Value Added Tax (VAT) rose by 9.61% year on year to N2.94 trillion in 2020 as against N2.68 trillion printed […]

New Vaccine Hopes Boost Oil Prices

January 29, 2021/OilPrice.com New vaccines from both Johnson & Johnson and Novavax have added to bullish sentiment in oil markets as hopes of a return to normal grow. Friday, January 29th, 2021 Oil prices appear set to close out the week mostly flat, but on Friday prices are up from […]

IMF Weekend Read: Recovery Hopes Rise Amid Exceptional Uncertainty

January 29, 2021/IMF Tremendous uncertainty over the path of a mutating COVID-19 virus and the global availability of vaccines continues to weigh on a recovery from the crisis. Despite an opaque future, our latest World Economic Outlook Update forecast released this week projects global growth for 2021 at 5.5 percent, […]