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The Oil Bulls Are Back as Brent Breaks $80

January 10, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Bullish sentiment is well and truly back in oil markets, with Brent breaking $80 and WTI trading at $77.46. Oil prices have started the year rallying aggressively, with Brent breaking $80 per barrel for the first time since October 7 last year. The rally has […]

NGXASI Dips 0.08%, Dragged by ACCESS, FBNH, ZENITHBANK

January 10, 2025/InvestmentOne Report The NGXASI declined by 0.08% today to close at 105,451.06pts as the bearish sentiment seen in FBNH (-2.74%), ZENITHBANK (-1.08%) and ACCESSCORP (-0.81%) drove the local equities market into the negative region. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by […]

Nigerian Stocks Record+1.8% Weekly Gain, Buoyed by MTNN on Imminent Telecoms Tariff Hike

January 10, 2025/Cordros Report Positive sentiments prevailed in the domestic stock market, as bargain-hunting in MTNN (+21.0%), following signals of an imminent tariff hike in the telecommunications sector, as well as strong performances by TRANSCORP (+18.3%) and TRANSCOHOT (+9.8%) drove the All-Share Index higher by 1.8% w/w to 105,451.06 points. […]