November 27, 2020/Cowry Asset Report In the just concluded week, Nigeria’s economy technically went into recession having printed two consecutive quarters of negative growth rates in line with our expectation. Specifically, data from the National Bureau of Statistics (NBS) showed that the country’s real Gross Domestic Product contracted y-o-y by […]

November 27, 2020/OilPrice.com Oil prices are set for a fourth consecutive weekly gain as positive vaccine news and hopes of an OPEC+ production cut extension boosts bullish sentiment. Friday, November 27th, 2020 Oil prices have held on to recent gains despite Covid-19 headwinds. Investors are growing increasingly optimistic and looking […]

November 27, 2020/Proshare by CSL Research Yesterday, the National Bureau of Statistics (NBS) published data on the collection of Company Income Taxes (CIT) from 2015 to the first nine months of 2020. Total CIT collections for 9M 2020 was N1.1tn, declining 11.9% y/y compared with the N1.3tn collected in 9M […]