Mid-Week Review
Mid-Week Market Review: November 2024, Edition 2
Commodities In the oil market, traders are keenly awaiting a series of crucial US economic indicators this week, with the
November 13, 2024
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
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