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Analysis of Nigeria’s Fiscal Revenue from January to April 2020
₦1.25 trillion was expected to be generated in January and February, however, ₦952.5 billion and ₦845.1 billion was generated respectively implying that only 76% and 68% of expected revenue were achieved. The month…
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Can OPEC+ Still Justify Its Deep Output Cuts?
OPEC+ compliance rose sharply in June, helping to tighten up the market. The improved compliance also boosted confidence and cohesion in the group’s collective effort ahead of a possible loosening of the supply…
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US Shale Could Crash the Oil Market Recovery
The oil price crash was the result of a severe decline in international oil demand thanks to the spread of the novel coronavirus, made infinitely worse by an ensuing oil price war between…
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Why Oil Price Crashed Below $0 Per Barrel
First of all, there are Different Brands of Crude Oil To start, it is worthy to note that there are different variants of crude oil in the international market with the Brent serving…
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Turning the COVID-19 Tragedy into an Opportunity for a New Nigeria
By Godwin Emefiele, Governor of the Central Bank of Nigeria. As many people are now aware, the outbreak of the novel coronavirus disease in China has rapidly permeated and profoundly changed the world.…
