OPINION/EDITORIAL

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 […]

SSA Equity Market: A Sellers’ Market Save for Nigeria

December 4, 2020/United Capital Report The performance of the equity market in the global, emerging and frontier markets was largely negative in H1-2020, the bearish sentiment observed in the market was attributable to the coronavirus pandemic, with investors exiting their positions in riskier assets like equities in favour of safe […]