by Oriental | Feb 1, 2021 | Blog
In a bid to boost the operations of the nation’s petroleum sector, President Muhammadu Buhari will on January 21, virtually inaugurate the National Oil and Gas Excellence Centre (NOGEC in Lagos. The Head, Public Affairs of the Department of Petroleum Resources (DPR),...
by Oriental | Jan 27, 2021 | Blog
This morning, Brent crude price in the international market peaked at US$57.38/ barrel. This surge follows the recent announcement by Saudi Arabia to voluntarily cut its oil production by 1mbpd in February and March above its current quota and the news of a further...
by Oriental | Jan 27, 2021 | Blog
When the World Bank recently published its Global Economics Prospects, we were surprised to see a 4.1% recession estimated for Nigeria in 2020. In our view, the Nigerian economy is somewhat stronger than that. Even though the World Bank and the IMF have enviable track...
by Oriental | Jan 26, 2021 | Blog
The AFEX Commodities Index continued its 5 week bullish trend, closing the week with a 1.96% increase from the previous week. This uptick was largely driven by the positive price surge in maize and soybean despite the continuous bearish trend of paddy rice. Maize and...
by Oriental | Jan 26, 2021 | Blog
Social housing gives people a home. It’s cheaper to rent than privately rented housing and usually provides a long-term tenancy, giving renters the chance to put down roots. Social landlords tend to be councils or housing associations. The Nigeria National Housing...
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