OPINION/EDITORIAL

Oil Prices Crash Towards $20 Despite Historic Cuts

April 10, 2020/OilPrice.com Oil prices fell back towards the $20 mark as the largest oil production cut in history failed to assuage oil market fears. Friday, April 10th, 2020 OPEC+ agreed to the largest oil production cuts in history on Thursday, but oil prices crashed towards $20 as markets decided […]

OPEC at Brink of Ending Oil Price War, awaits G20 Meeting for OPEC Deal

From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from January 2021 to April 2022 April 10, 2020/Africa Oil & Power Conference In a move to save the oil industry — facing the biggest crisis in its […]

COVID-19 Hampers FPIs Investments in Equities; Total Debt Hits USD27.40 Trillion in 2019

April 9, 2020/Cowry Asset Recently released report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading showed that total equities market transactions increased year to date (YTD) in February 2020 when compared to transactions done in the corresponding period of 2019. Click here to […]