OPINION/EDITORIAL

Oil Rallies on OPEC+ Agreement

December 4, 2020/OilPrice.com Oil prices rallied on Friday morning as OPEC+ finally came to a compromise, with the group unanimously agreeing to add 500,000bpd to January quotas. Friday, December 4th, 2020 Oil prices rose after OPEC+ agreed to partial increases in production beginning in January, preventing a breakdown in the […]

Narrow Concentration of Corporation Tax Payers

December 4, 2020/Proshare by FBNQuest Research The NBS has again drawn data from a fellow government institution and repackaged it to enhance macro analysis, this time with the local collection of companies’ income tax (CIT) by sector of the economy. The breakdown does not cover foreign CIT payments or unidentified […]

OPECplus Agree to Raise Oil Production

December 4, 2020/Proshare by CSL Research Following yesterday’s meeting, OPEC and other oil-producing nations led by Russia reached a deal to modestly increase production in January amidst a raging second wave of the corona virus pandemic though with the prospect of vaccines offering some hope. Based on the agreement, members […]