Tag: Crude Oil

OTC Trading: Turnover Down 37% to N12.73 Trillion in 2016 Y-t-D from N20.20 Trillion in 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Over-the-Counter (OTC) trading activities total turnover recorded in 2016  year-to-date (y-t-d) stood at N12.73 trillion compared to N20.20trillion recorded in 2015; indicating a decline of 37 percent,  according to the latest FMDQ OTC Securities Exchange Financial Markets Review Reports March 2016. The report says […]

Asian stocks lifted by Wall Street gains

Mon Mar 14, 2016/Reuters By Lisa Twaronite Asian shares began a central-bank focused week on firm footing on Monday, buoyed by gains on Wall Street as well as glimmers of strength in weekend data from China. Financial spreadbetters expected Britain’s FTSE 100 .FTSE to open 0.3 percent higher. Germany’s DAX […]

Nigeria’s External Reserves Rises on Increased Global Crude Oil Prices

February 26, 2016/Cowry Asset Research In the just concluded week, Nigeria’s external reserves increased week-on-week by 0.02 percent to  USD27.80billion as at Wednesday, 24 February, 2016. This followed increase in international crude oil prices amid sustained decrease in crude oil production in the United States as well as on going […]