OPINION/EDITORIAL

Suriname Oil Discoveries are Cause for Celebration, but Only If We Apply Proven Lessons to Make it Work for Everyone

Suriname has put in place a producer-friendly regime that the oil and gas industry has been quick to notice February 1, 2021/AEC By Clarence Seedorf and NJ Ayuk There’s no question that the COVID-19 pandemic has sent global energy markets reeling. Oil and gas has undeniably been one of the […]

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 […]