Mid-Week Review
Mid-Week Market Review: October 2024, Edition 4
Commodities The Energy Information Administration (EIA) reported last Thursday that U.S. crude oil production hit an all-time high, even as
October 24, 2024
Commodities The Energy Information Administration (EIA) reported last Thursday that U.S. crude oil production hit an all-time high, even as
Prologue For the first time in three (3) months, the moderation in inflation saw a different turn. Recall that the
Commodities Libya’s National Oil Corporation (NOC) announced last Friday that it has resumed oil production to pre-crisis levels, now reaching
Prologue Notwithstanding efforts by the Federal Government, Debt Management Office (DMO), and Central Bank of Nigeria (CBN) geared towards boosting
Commodities Oil prices lost early gains on Wednesday as weak demand and rising supply offset concerns over potential disruptions from
Prologue Last week, Nigeria marked her 64th Independence Anniversary with modest celebrations across the country. Among the key highlights of
Commodities On Friday, oil prices closed on a positive note, although they recorded a weekly decrease. We saw the Brent
Prologue Actions of the Central Bank of Nigeria (CBN) since its Monetary Policy Committee (MPC) meeting held on Tuesday, September
Commodities Last Friday, although oil prices dipped slightly, their performance marked a second consecutive week of gains. This upward trend
Prologue Nigeria’s inflation rate in August 2024 was reportedly at 32.15%, a rate lower than the figure in July 2024,
Commodities Yesterday, oil prices surged by $1 per barrel. Several considerations have been credited to this recent development, some of
Prologue The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, announced that the Federal Government’s revenue