WEEKLY MARKET UPDATE
Commodities The commodities under our radar closed in a mixed territory last week with the energy commodities recording weekly decline due to the fear of the second wave of COVID-19. The metal commodities such as Gold, Silver and Copper however... Read More →
Implications of Nigeria’s Consumption Expenditure Pattern
Implications of Nigeria’s Consumption Expenditure Pattern The latest consumption expenditure data from the NBS shows that Nigerians spent N40.21 trillion on food and non-food items in 2019, of which expenditure on food consumption outside of home was highest (11.43% of total... Read More →
Weekly Market Update
Commodities The commodities under our radar closed in a positive territory (safe Gold) last week with Brent gaining the highest as demand for oil keeps building up due to gradual easing of lock-downs by countries. Brent grew by 7.71% to... Read More →
Crude Oil Production Cut will be a Major Catalyst to Nigeria’s Negative Growth in Q2’20
Crude Oil Production Cut will be a Major Catalyst to Nigeria’s Negative Growth in Q2’20 Latest GDP data from the NBS indicates that the Nigerian economy grew at a slower pace of 1.87% YoY in Q1 2020 compared to 2.1%... Read More →