Mid-Week Market Review: December 2024, Edition 3

Commodities Oil prices experienced a significant pullback on Tuesday, reaching their lowest levels in a week, driven by concerns over global demand. The downward pressure was amplified by disappointing economic data from Germany and China, two major players in the global economy. Brent crude futures dropped to $73.32 per barrel, while West Texas Intermediate (WTI) […]

Weekly Market Review: December 2024, Edition 3

Prologue Nigeria’s monetary authorities have gone far and beyond to address the country’s inflation and foreign exchange problems and, thankfully, positive results have started to show. The Monetary Policy Rate (MPR) has been pushed up a whole 875 basis points since the start of 2024 along with many complementing measures that have been instituted to […]