Mid-week Market Review: October 2024, Edition 3

Commodities Libya’s National Oil Corporation (NOC) announced last Friday that it has resumed oil production to pre-crisis levels, now reaching 1.25 million barrels. This recovery follows a recent disruption linked to a crisis within the country’s central bank. On the same day, oil prices for Brent and WTI Crude closed lower, but still marked a […]

Weekly Market Review: October 2024, Edition 3

Prologue Notwithstanding efforts by the Federal Government, Debt Management Office (DMO), and Central Bank of Nigeria (CBN) geared towards boosting Foreign Direct Investments (FDIs), recent reports reveal a significant drop in FDIs to $29.83 million in the second quarter of 2024—an all-time low. Over the last 16 months, Nigeria has secured $6.45 billion in loans […]