Author: InvestAdvocate

Policymakers Tightened with +25bps Hike

November 26, 2024/United Capital Research At the 298th Monetary Policy Meeting held on the 25th and 26th of November 2024, the Monetary Policy Committee (MPC, or the Committee) decided to raise the Monetary Policy Rate (MPR) by 25bps from 27.25% to 27.50%, a new all-time high. This decision represents the […]

NGXASI Inch Up +0.01%, Buoyed by Blue Chips

November 26, 2024/InvestmentOne Report The NGXASI inched up today by 0.01% to close at 97,639.88pts, as the gains recorded in WAPCO (+9.15%), ZENITHBANK (+0.93%) and STANBIC (+1.31%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded negatively due to the rise in yields […]

The OPEC+ Meeting Is Looming Large Over Oil Markets

November 26, 2024/Oilprice.com Michael Kern Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.       We will then look at some of the key market movers early this week before providing you […]