January 4, 2023/United Capital Research The recently released Q3-2022 Company Income Tax (CIT) report by the National Bureau of Statistics (NBS) revealed that company income tax receipts totalled N810.2bn, rising 71.5% y/y and 13.4% q/q in Q3-2022. In addition, Foreign CIT Payments printed at N327.0bn (+306.8% y/y & +61.4% q/q) […]

January 4, 2023/CSL Research Numerous challenges faced the Nigerian oil sector in 2022. The country’s oil revenues fell drastically due to a decline in production occasioned by crude oil theft and pipeline vandalism.Nigeria failed to take advantage of the high crude oil prices induced majorly by the RussiaUkraine war. The […]

January 3, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week European Natural Gas Back to Pre-War Levels – European natural gas prices have fallen to their lowest since February 2022 this week as extraordinarily warm weather in Europe and robust LNG arrivals kept the region’s supply safe.   – […]