Mid-Week Market Review: January 2025, Edition 3

Commodities Oil prices closed lower on Friday, reflecting growing concerns over potential disruptions in global supply, particularly following the recent sanctions imposed by the US on Russia’s energy sector. Brent crude futures slipped to $80.79 from the previous day’s $81.29, while US WTI crude also dropped to $77.39 from $77.85. On Monday, Brent opened at […]
Weekly Market Review: January 2025, Edition 3

Prologue As Nigeria gradually settles into the year 2025, the financial markets are at a critical juncture, shaped by record inflation, elevated interest rates, and an evolving macroeconomic landscape. With inflation climbing to an all-time high of 34.80% in December 2024—contrary to expectations of a slight decline—individuals and businesses alike are keenly observing how monetary […]