Mid-Week Review
Mid-Week Market Review: November 2024, Edition 1
Commodities Last week, oil prices saw a slight uptick on Friday due to reports indicating that Iran was preparing a
November 6, 2024
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
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
