Author: InvestAdvocate

Oil Prices Rise on China Stimulus and Falling U.S. Inventories

December 27, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices are on track to post a weekly gain on the back of China’s economic stimulus and forecasts of lower U.S. crude inventories. Oil prices were rising toward the end of the week, with WTI breaking back above $70 and Brent trading […]

Nigerian Equities Reverse Previous Gains, Inch Down -0.1% Dragged By Banking Counters

December 27, 2024/Cordros Report EQUITIES   The Nigerian Equities market reversed yesterday’s gains as sell pressures in UBA (-4.0%), ACCESCORP (-2.8%) and GTCO (-1.6%) triggered a 0.1% decline in the All-Share Index to 102,133.30 points. Thus, the Month-to-Date and Year-to-Date returns settled at +4.7% and +36.6%, respectively. The total volume traded increased by […]

NLC Hails Fuel Price Slash by Dangote Refinery

December 27, 2024/Dangote Group *Says it bring timely relief for Nigerians  The Nigeria Labour Congress (NLC) has Dangote Refinery over the recent slashed in the fuel price, describing it as a timely economic relief for Nigerians.   Speaking with journalists , the Chairman, NLC Lagos Council, Comrade Funmi Sessi said […]