Dow retreats while tech leads amid drop in oil price

Stocks, U.S. approves New York Stock Exchange listing plan to cut off investment banks, Nasdaq escapes sell off as Dow and S&P plunges

Drop in oil price and concerns over the global economy weighed on the Dow Jones industrial average on Monday, after ...

Naira falls across forex markets as businesses resume after public holidays

Exchange rate gains at official window as dollar supply increases significantly by 115%

by Samuel Oyekanmi

June 30, 2021

The naira remained stable at the parallel market as it closed at N502 to a dollar on Tuesday.

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira falls against US dollar as external reserves plunges

by Samuel Oyekanmi

April 21, 2021

The naira depreciated against the US Dollar at the Investors and Exporters window on Tuesday to close at N410.67/$1.

Naira stabilizes at black market as CBN continues its intervention in forex market

Exchange rate strengthens at NAFEX as dollar supply spikes by 690%

by Samuel Oyekanmi

April 9, 2021

Naira gained against the US Dollar on Thursday to close at N409.65/$1 while dollar supply surges by 690.6%.

Forex, Nafex, parallel market, exchange rate, Naira, Dollar

Exchange rate weakens to record N438/$1 during intra-day trading

by Samuel Oyekanmi

April 8, 2021

The exchange rate at NAFEX trades at N438/$1 during Intra-day trading NAFEX as forex turnover drops by 71%

Deposed Emir of Kano, Sanusi sues IGP, DSS DG

Nigeria, only oil producing nation that does not benefit from price increase – Sanusi

by Abiola Odutola

September 5, 2020

How can you fix a price for a product you do not produce?

MONDAY DASHBOARD: Latest on the data that drives the Nigerian Economy.

by Research Team

August 24, 2020

Key economic indicators driving the Nigerian and Global economy.

Crude oil prices rally as investors remain optimistic about oil production cut

by Olumide Adesina

June 2, 2020

Investors are waiting to see if major oil producers agree to extend their massive output cuts to support crude oil ...

Global oil prices drop after reports of unexpected inventory build

by Chike Olisah

May 28, 2020

The report also stated that distillate inventories were up by 6.9 million barrels for the week, as against last week’s ...

Crude oil prices record gains after tropical storm hit Gulf of Mexico, The world's biggest oil hedge program underway, crude oil, Nigeria's Crude oil, Bonny light crude oil crashes as Nigeria runs into deeper revenue crisisBonny light crude oil crashes as Nigeria runs into deeper revenue crisis, Brent crude futures gained 0.92%, at $36.08 per barrel, while the U.S. West Texas Intermediate (WTI) crude futures also gained 0.54%, at $33.67 a barrel, Crude oil prices hit $40 per barrel as inventory build-up declines, EIA increases Brent price projection by $2.50 for 2020

Crude oil continues its bullish run, U.S crude inventories drop

by Olumide Adesina

May 21, 2020

Brent crude futures gained 0.59%, at $35.96 per barrel, while the U.S. West Texas Intermediate (WTI) crude futures also gained ...

Tag: Crude oil price