09

Jan

Nigerian Bourse returns -0.06% WtD, sheds N16bn

The Nigerian stock market closed lower in the first week of the year as Airtel Africa, NESTLE and 15 other stocks shed weight. The All Share Index and Market capitalization dropped by 0.06% to settle at 51,222.34 points and N27.899 trillion respectively. An aggregate of 921.9 million units of shares were traded in 15,601 deals, valued at[…]

09

Jan

Brent crude oil price rises to $78.38 per barrel

Brent crude on Thursday gained 0.69% to trade at $78.38 per barrel, while the American West Texas Intermediate (WTI), gained 0.56% to trade at $73.25 per barrel. This can be traced to the fact that Saudi Arabia, the world’s top crude oil exporter, cut the prices of all its crude grades loading for Asia The state-controlled Saudi[…]