Culled—Proshare March 10, 2020 By Vetiva Research OPEC+ split to yield excess crude output Brent, a benchmark for Nigeria’s crude, slumped more than 20% to $35/bbl (down 47% year to date) on Sunday, its lowest price since early 2016. The plunge in oil market was an aftermath of the breakdown […]

March 10, 2020/AfDB The African Development Bank (www.AfDB.org) has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security and household incomes in the country. The agreement is the Bank’s first private sector loan to the East […]

March 10, 2020/NBS The total value of capital importation into Nigeria stood at $3,802.38 million in the fourth quarter of 2019. This represents a decline of 32.42% when compared to the 3rd Quarter of 2019, and a 77.67% increase when compared to the 4th quarter of 2018.  Similarly, the total […]