Weekly Review
Weekly Market Review: December 2024, Edition 1
Prologue On Tuesday, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) made its latest policy decision,
December 2, 2024
Prologue On Tuesday, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) made its latest policy decision,
Commodities Crude oil prices saw an increase on Friday, rising more than 3% compared to the previous trading session. Over
Prologue Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, recently clarified that the current
Commodities Crude oil prices saw a modest increase on Wednesday as tensions in the Ukraine conflict intensified, alongside signs of
Prologue The recent increase in Nigeria’s foreign reserves, which have risen above $40 billion as of November 13, 2024, signifies
Commodities In the oil market, traders are keenly awaiting a series of crucial US economic indicators this week, with the
Prologue Fitch Ratings has issued a rather unsettling forecast for Nigeria’s banking sector, predicting an uptick in non-performing loans (NPLs)
Commodities Last week, oil prices saw a slight uptick on Friday due to reports indicating that Iran was preparing a
Prologue The World Bank has urged the Central Bank of Nigeria (CBN) to abandon its current practice of conducting foreign
Commodities Last week, oil prices concluded the week on a positive note, with gains noted on Friday. Brent crude rose
Prologue The recent increase in Nigeria’s foreign exchange reserves, rising from a little above $36 billion in September 2024 to
Commodities The Energy Information Administration (EIA) reported last Thursday that U.S. crude oil production hit an all-time high, even as