Mid-Week Market Review: February 2025, Edition 1

Commodities Oil prices dropped on Monday during a volatile trading session. US WTI crude oil declined by 0.87% to $73.16, while Brent crude futures fell by 1.04%, closing at $75.96 per barrel. Despite President Trump’s calls for OPEC+ and Saudi Arabia to reduce prices, no changes were made to oil production plans during the OPEC+ […]

Weekly Market Review: February 2025, Edition 1

Prologue The Federal Government, through the Debt Management Office (DMO), conducted its first bond auction of the year on Monday, aiming to raise ₦450 billion—the total amount on offer for the three offered tenors. The funds raised will play a crucial role in financing capital projects outlined in the 2025 budget or paying existing debt. […]