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ECOMOF 2024: UBA Affirms Pledge to Stimulate African Economic Expansion through Strategic Supports for Mining, Oil Sectors

February 24, 2024/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximizing the benefits derived from the mining and oil sectors. To this end, the bank is poised to collaborate with […]

Oil Prices Remain Rangebound As Volatility Fades

February 23, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices have remained rangebound in recent weeks, with macro concerns driving the direction of both Brent and WTI. Friday, February 23rd, 2024 Oil trading in the past weeks has seen remarkably little volatility, with Brent futures moving within a narrow bandwidth between […]

Dangote Cement, MTNN Drags Nigerian Bourse to 4.2% Weekly Loss

Selloffs of DANGCEM (-10.0%) and MTNN (-10.0%) were the major drivers of this week’s loss. Thus, the All-Share Index declined by 4.2% w/w to close at 101,088.07 points. February 23, 2024/Cordros Report Global Economy   According to the recently released data from Eurostat, consumer prices in the Eurozone eased marginally […]