Crypto and Oil Markets

Commodities: Oil prices dropped on Friday, resulting in a weekly loss, largely due to disappointing U.S. jobs data for August. This suppressed the support that prices had gained earlier from OPEC+ producers delaying their planned supply increases. On Thursday, Brent crude fell to its lowest level since June 2023, despite a reduction in U.S. oil […]

Weekly Market Review: Vol. 112

Prologue In the week under review, American billionaire and philanthropist, Bill Gates, expressed concerns over the lack of progress in Nigeria’s economy, noting that the country’s revenue-to-GDP ratio was stronger 15 years ago. Speaking at a National Executive Council meeting held at the State House in Abuja, Gates emphasised the need for the Federal Government […]