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Oil Gains Momentum as China’s Demand Outlook Improves

March 19, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices are steadily increasing, with this week’s momentum bolstered by drone strikes on Russian refineries in Ukraine.   – Prices of medium sour grades produced in the US Gulf of Mexico, most notably Mars, have shot up as US energy officials reiterated […]

Senate Confirms Gbenga Alade As AMCON MD, Three Others As Executive Directors

March 19, 2024/AMCON The 10th Senate of the Federal Republic of Nigeria on Tuesday confirmed four persons nominated by the President Bola Ahmed Tinubu as Managing Director and Executive Directors of Asset Management Company of Nigeria (AMCON).  The nominees that were confirmed to serve AMCON include the former Managing Director […]

Nigerian Stocks Extend Loss as ASI Dips -0.11%, Dragged by Blue Chips

March 19, 2024/InvestmentOne Report The NGXASI declined by 0.11% today to close at 104,553.31pts, as the sell pressure on MTNN (-3.03%), ZENITHBANK (-2.31%) and GTCO (-1.71%) drove the market into the negative zone. In the Fixed income space, the Treasury Bills secondary market closed on a positive note, as buying interest was […]