September 24, 2024/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to raise the MPR further by 50bps to 27.25% at its September policy meeting – making it the fifth consecutive increase in the year. The decision to tighten further was based on […]
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Nigerian Bourse Extends Bullish Run, Gains +0.2% on FBNH Investors’ Interest
September 24, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s bullish performance following investors’ interest in FBNH (+9.9%). Thus, the All-Share Index gained 0.2% to close at 98,568.59 points. As a result, the Month-to-Date and Year-to-Date returns increased to +2.1% and +31.8%, respectively. The total volume of trades declined by […]
Oil Prices Surge on Supply Uncertainty, Demand Optimism, and Geopolitical Risk
September 24, 2024/Oilprice.com By Tom Kool, Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing […]
