December 13, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices are climbing once again as geopolitical risk rises and the threat of new U.S. sanctions on Russia’s shadow fleet threatens supply. Oil prices have finally outgrown the pains of the OPEC+ meeting, with the potential threat of sanctions now front and […]

December 12, 2024/CSL Research According to the National Bureau of Statistics (NBS), aggregate Value Added Tax (VAT) for Q3 2024 was reported at ₦1.78 trillion, a growth of 14.16% from ₦1.56 trillion in Q2 2024. Breakdown of the Q3 figures shows that local VAT payments amounted to ₦922.87 billion, a […]

December 12, 2024/Cordros Report In 2024, Nigeria’s macroeconomic environment witnessed significant changes as policymakers sustained market reforms in the monetary, FX, and fiscal space. In Q1-24, the naira was again devalued to align with the parallel market rate, reaching a record low (NGN1,851.00/USD) before stabilising within the range of USD1,500.00/USD […]