Sunday, September 25, 2022
The 2020 crude oil market outlook has come with moderation amidst promising expectation following the current rise in prices and the obvious undermining by Non-OPEC members Oil cut measure to head off supply surplus. The global price for Bonny Light (the Nigerian crude) has climbed to 68.49dpb gaining 0.85 dollar...
The price of crude oil (Bonny Light) gained $0.85 Friday climbing to 64.87dpb from 64.02dpb it previously sold Wednesday. This represent 1.33 percent increase the highest in a month. The product initially had hovered around 62dpb moving from 62.15dpb to 62.64dpb and down to 62.33dpb between Friday 29th November and...
The Nigerian crude to the international market, Bonny Light has climb to a price of 62.71dpb as it currently sell since Tuesday November 5. This the highest in a thirty days roll staggering from all month low of 57.73dpb on Monday October 21 to 62.54dpb  Monday November 4 before...
A t the end of last week trading at the floor of the Stock Exchange, All-Share Index and Market Capitalization both depreciated by 1.68% to close the week at 26,533.78 and N12.917 trillion respectively. Total turnover increased by 53.1%, share value decreased by 71.248% while number of deals decreased...
Bonny light gained 0.79 on Tuesday to sell at 59.91dpb. This is 1.34% appreciation from 59.12dpb which it previously sold Friday. The commodity price has crept below 60dpb for the past week as global demand continue to fall. The fall in global demand is not unconnected with the economic slowdown...
T he equity market closed negatively at the end of last week trading with All Share Index and Market Capitalization depreciating by 1.38 per cent, closing at 27,146.57 points and N13.207 trillion respectively. According to the NSE weekly report, all other indices finished lower with the exception of NSE Banking,...
N igerians have listed lack of power as the lead among the constraints they face in running business in Nigeria. This is contained in the August 2019 Business Expectations Survey Report released on Tuesday by the Central Bank of Nigeria. Lack of power came top with 65.9 index point...