OPINION/EDITORIAL

OPEC at Brink of Ending Oil Price War, awaits G20 Meeting for OPEC Deal

From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from January 2021 to April 2022 April 10, 2020/Africa Oil & Power Conference In a move to save the oil industry — facing the biggest crisis in its […]

COVID-19 Hampers FPIs Investments in Equities; Total Debt Hits USD27.40 Trillion in 2019

April 9, 2020/Cowry Asset Recently released report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading showed that total equities market transactions increased year to date (YTD) in February 2020 when compared to transactions done in the corresponding period of 2019. Click here to […]

Fiscal Position: Still Critical but Temporary Panacea in Sight

Culled—Proshare April 9, 2020 By NOVA Merchant Bank In our recent assessment of the revised budget benchmark oil price and cut to expenditure by the Minister of Finance (Published 27 March, see report: Fiscal Position Getting Critical), we concluded that for the FG to finance a large chunk of the […]