Updates

Oil curves move above $50 as financial confidence in crude rises

October 7, 2016/Reuters By Henning Gloystein | SINGAPORE U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above that level in a sign that financial markets have increasing confidence in the sector. U.S. West Texas Intermediate (WTI) futures CLc1 were up 3 […]

W’Bank: Only 20% of Muslims Have Access to Financial Services

October 7, 2016/Thisday The Vice President and Treasurer of the World Bank, Arunma Oteh on Thursday disclosed that less than 20 per cent, which is approximately 1.6 billion Muslim population across the world have access to financial services. According to her, the growing products in Islamic finances are capable of closing […]

Nigeria Oil Shock 2.0 and the Treacherous Path to Recovery

Culled—Proshare October 7, 2016/FDC After a sharp and rapid deterioration in the economy, policy makers have finally braced up for a robust recovery that calls for a honest understanding of the problem.  The great news is that the CBN and the DMO have started lowering T/Bill rates in a coordinated […]