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...
by Oriental | Jan 24, 2021 | Blog
The Second wave of the Coronavirus is jeopardizing the world economy. The spread of the coronavirus infection and widening COVID-19 Restrictions in the United States and other parts of the world has hampered fuel demand. Weaker global equities amid growing concerns...
by Oriental | Jan 24, 2021 | Blog
The AFEX Commodities Index continues its 4weeks bullish trend, increasing by 4.91% for the reporting week. This increase could mostly be attributable to the increase in the price of maize, soybean and sorghum on the Exchange, Given the nature of grains in the country,...
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