CBN says Nigeria not reaping benefits of rising oil price
The CBN has indicated that the recent increase in oil prices does not equate to higher revenue nor does it ...
Tag: Crude oil prices
Oil on the rise as Russia–Ukraine cease fire talks stall
Oil has seen a jump in prices due to fears that there may be an energy supply gap as a ...
Trader’s Voice: Crude oil price 5-year path
We could see more upside if crude continues to rally in the near term on the back of increasing demand ...
Naira closes flat at official market as forex liquidity plunges
Thursday, 25th November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the officially ...
Exchange rate depreciates at official window as foreign reserve dips further
Wednesday, 24th November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the Investors ...
Oil starts the week bearish as U.S oil falls below $80
Crude oil prices started the week bearish in the Asian session, as pressure from expectations of increasing supplies and a ...
Exchange rate closes flat at official market as forex turnover records significant drop
Thursday, 11th November 2021: The exchange rate between the naira and the US dollar closed at N414.73/$1 at the Investors ...
Naira gains at official FX market as foreign reserve records first decline in over 2 months
Monday, 1st November 2021: The exchange rate between the naira and the US dollar closed at N414.98/$1, at the official ...
Naira remains stable at official market as CBN launches initiative to address forex crisis
Monday, 25th October 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1 at the Investors ...
Oil prices rise further on surprise inventory draw as demand remains strong
Oil prices had a rebound later on Wednesday after dropping earlier in the day after the Energy Information Administration (EIA) ...
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