Tag
COVID-19
Brent crude gained 1.1%, to trade at $41.73 a barrel by 6:30 am Nigerian local time.
Forex shortages have persisted since the crash in oil prices coincided with the global lockdown.
WHO said some countries are experiencing a resurgence of coronavirus cases as the pandemic increases.
The Federal Government has given permission for interstate movement outside of the curfew hours.
However, Brent crude is set to end the month of June with a third consecutive monthly gain.
The Covid-19 economic lockdown impacted negatively on investor inflow into Nigeria.
WHO and its key partners approximate that about $18.1 billion will be needed to execute the plan.
Neimeth has been one of the better performers in the stock market in the last one year.
Ajimobi died from multiple organ failure caused by complications from COVID-19.
Oil prices can defy all odds going by these assumptions.
There are fears the resurgence of the COVID-19 virus could stutter the demand recovery for energy.
World Bank forecasts that the Nigerian economy will shrink between 3.2% and 7.4% this year.