Mid-Week Market Review: October 2024, Edition 2

Commodities Oil prices lost early gains on Wednesday as weak demand and rising supply offset concerns over potential disruptions from Middle East conflicts and Hurricane Milton in the U.S. In the early hours of today, Brent crude futures was seen to have dropped by 0.47% to $76.82 per barrel, while U.S. West Texas Intermediate (WTI) […]

Weekly Market Review: October 2024, Edition 2

Prologue Last week, Nigeria marked her 64th Independence Anniversary with modest celebrations across the country. Among the key highlights of events was President Bola Ahmed Tinubu’s announcement relating to the clearing of over N30 trillion in Ways and Means debt, a significant financial burden accumulated over time. This announcement sparked widespread discussion, as it suggested […]