Naira records N169 weekly loss

The naira recorded a weekly depreciation of N169.24 against the US dollar in the foreign exchange market on Friday. FMDQ data showed that the Nigerian currency depreciated for the eighth time in recent days to N1339.23 per dollar at the foreign exchang…

Crude Prices Finish Higher on Middle East Tensions

June WTI crude oil (CLM24) on Friday closed up +0.28 (+0.34%), and May RBOB gasoline (RBK24) closed up +1.07 (+0.39%). Crude and gasoline prices posted moderate gains on Friday. Middle East tensions are underpinning crude prices on concerns about an es…

Crude Prices Finish Higher on Middle East Tensions

June WTI crude oil (CLM24) on Friday closed up +0.28 (+0.34%), and May RBOB gasoline (RBK24) closed up +1.07 (+0.39%). Crude and gasoline prices posted moderate gains on Friday. Middle East tensions are underpinning crude prices on concerns about an es…