June 21, 2024/FBNQuest Research Nigeria’s gross official reserves increased by US$858m M-o-M to US$33.6bn as of June 19, 2024, according to the latest data from the CBN. On a year-to-date (YTD) basis, the reserves also increased by US$666m. The rise in June marks a reversal from the downward trend observed […]
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Bridging Progress: AfDB Powers The Gambia’s Leap into the Future
The Trans-Gambia Bridge and its ancillary road network link major routes and destinations, promoting the efficient movement of goods and people, supporting trade, raising incomes and improving livelihoods throughout West Africa June 21, 2024/AfDB The African Development Bank’s investments in The Gambia’s energy sector have significantly improved access to affordable […]
Supply Concerns and Demand Optimism Boost Oil Prices
June 21, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices surged this week as hurricane season began, demand improved, and both U.S. crude and gasoline inventories fell. Rising geopolitical risk around the world only added to bullish sentiment. Friday, June 21, 2024 The onset of hurricane season in the US, improving […]
