Nigeria, beware of seller’s inflation By Tope Fasua Developing nations do themselves a huge disfavour and injustice by not expanding their analyses and actions with regard to tackling inflation. For some reasons, economic managers in many of such countries stick ardently to the manipulation of interest...

CITN Harps On Taxation As Policy Instrument For Economic Stability       Notwithstanding recent efforts by the Federal Government to reposition taxation for revenue increase, the Chartered Institute of Taxation of Nigeria (CITN) has said that taxation remains one fiscal policy instrument needed for stability, especially in...

Oil Price Rises Above $70, OPEC Projects Demand Growth       The international oil price, Brent crude, rose above the $70 per barrel mark on Tuesday, with the Organization of the Petroleum Exporting Countries projecting that demand for the commodity is bound to improve. Brent, against which Nigeria’s...

Oil Revenue To Remain Subdued As Output Plunges By 15%       Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...

Nigeria’s Oil Output Drops By 14% To An Average Of 1.5mb/d       Nigeria might be under pressure to fund its N13.8 trillion 2021 budget following a significant drop of its oil output by 14.08 percent in the first 10 months of 2020, according to data obtained...

Nigeria’s Oil Rig Count Rises By 2 As OPEC’s Decreases By 14         Nigeria has for two months now continued to experience rise in oil production as its rig count moved up by two, having recorded 10 in September, as against eight recorded in August. Earlier in...