August 28, 2024/Cordros Report The recently released Q2-24 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria’s economic activities remained robust as the real GDP grew by 3.19% y/y in Q2-24 (Q1-24: +2.98% y/y). Notably, the improvement was primarily driven by the expansion in the oil sector […]
Author: InvestAdvocate
ACCESSCORP, JAIZBANK, MTNN Drags NGX Indices to -0.32% Loss
August 28, 2024/InvestmentOne Report The NGXASI declined today by 0.32% to close at 96,203.99 pts as losses witnessed in MTNN (-7.91%), JAIZBANK (-6.25%) and ACCESSCORP (-0.78%) drove the local bourse into the negative region. In the fixed income space, the Treasury Bills secondary market closed positive as there was optimistic sentiment along […]
Libya Supply Outage Sparks Uncertainty in Oil Markets
August 27, 2024/Oilprice.com By Michael Kern il prices started the week with a major spike on the back of Khalifa Haftar’s Benghazi-based government declaring a nationwide halt of all oil production and exports. – One of the two rival powers in Libya, the Benghazi government run by Field Marshal Khalifa Haftar said […]
