The Organisation of Petroleum Exporting Countries has urged its member nations, not to mention oil prices when discussing policy in a break from the past, as the oil-producing group seeks to avoid the risk of US legal action for manipulating the market, sources close to OPEC said. Proposed US legislation, known as “NOPEC” which could…
The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation, with the rate rising from 11.23 per cent in August to 11.28 per cent in September 2018. This is the second consecutive rise in headline inflation after 18 consecutive months of decline in the rate. “The Consumer Price Index, which…
Equities Market The Nigerian equities market recorded an increase on all its indicator as both NSE ASI and market capitalization increased by 0.95% respectively, as they both closed at 32,722.18points and N11,946.21tr respectively. Year-to-Date ASI is at a negative of 14.28%. Volume, Value of trades and No of trades all increased by 624.26%, 452.77% and…