May 6, 2024/FBNQuest Research According to the most recent data from the National Pension Commission (PenCom), the regulated pension industry’s total assets under management (AUM) decreased mildly by N90.3bn to N19.7trn in Mar ’24. The reduction in March marks an end to the consecutive monthly growth in pension assets that […]
OPINION/EDITORIAL
Fitch Raises Nigeria’s Debt Rating Outlook to Positive
May 6, 2024/CSL Research Fitch Ratings has revised the outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘B-‘. According to the Fitch report, the positive outlook partly reflects reforms over the last year to support the restoration of macroeconomic stability […]
Oil Prices Under Pressure as Bearish Sentiment Builds
May 3, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Bearish sentiment is building in oil markets after the latest U.S. economic data sparked concerns over demand. Rising oil inventories and a potential cooling in geopolitical tensions only added to the downward pressure on oil prices. Friday, April 3rd 2024 The disappointment of the […]
