Author: InvestAdvocate

The Latest Oil Price Crash Appears to Have Come to an End

September 17, 2024/Oilprice.com by Tom Kool, Editor, Oilprice.com – The marked shift in oil sentiment recently has been to a great deal prompted by a widespread concern of Chinese demand peaking this or next year as LNG displaces diesel in long-haul trucking, EV sales overtaking conventional cars since July and […]

Inflation Report – August 2024

September 17, 2024/Coronation Research   The NBS has released its August inflation report to show Headline rate: 32.2% y/y (33.4% in July)             Core rate: 27.6% y/y (27.5%); and             Food rate: 37.5% y/y (39.5%).   In line with the direction of our […]

Bulls Sustain Hold as Nigerian Bourse Gains +0.2%, Driven by FBNH, GEREGU

September 17, 2024/Cordros Report EQUITIES Trading in the domestic equities market carried on last week’s bullish performance, as interest in GEREGU (+5.0%) and FBNH (+10.0%) drove the All-Share Index higher by 0.2% to 97,685.64 points. Accordingly, the Month-to-Date and Year-to-Date returns increased to +1.2% and +30.6%, respectively. The total volume […]