December 22, 2023/Oilprice.com Michael Kern, Oilprice.com Oil prices are on course for their first weekly increase in eight weeks, a shift in sentiment that was driven in large part by the Federal Reserve pledging to cut interest rates next year. Friday, December 22, 2023 Trading liquidity has evaporated with Christmas […]
OPINION/EDITORIAL
New Incentives to Stimulate Investments in the Nigerian Oil Sector
December 22, 2023/CSL Research According to recent reports, the Federal Government of Nigeria (FGN) has begun to apply incentives to attract investments to the lagging oil & gas sector. One of such incentive is to replace signature bonuses that companies owe to the government after the signing of contracts with […]
FG Records a Fiscal Deficit of N727bn in August 2023
December 21, 2023/FBNQuest Research According to the latest monthly economic report from the CBN, the federal government of Nigeria (FGN) recorded a fiscal deficit of –NGN727bn in its fiscal operations for Aug ’23. This compares with a fiscal deficit of -NGN816bn in Jul ’23 and –NGN593bn recorded in the year-earlier […]
