Bonny Light $25.23 may 12,2020 WTI Crude • 25.39 -0.39 -1.51% Brent Crude • 29.98 +0.35 +1.18% Mars US • 28.58 +1.74 +6.48% Opec Basket • 22.71 +0.50 +2.25% Urals • Louisiana Light • 28.52 -0.46 -1.59% Bonny Light • 25.23 +0.30 +1.20% Mexican Basket • 21.05 -0.84 -3.84% Natural Gas • 1.702 source: Oilprice.comContinue Reading
African Finance Corporation AFC has been reacting to its rating by Moody’s Investor Services which turned from stable to negative due to the covid-19 pandemic recently. On May 6,2020 the AFC noted that Moody’s Investor Services affirmed the Africa Finance Corporation’s (“AFC” or “the Corporation”) long-term issuer and senior unsecured ratings at A3. Concurrently, Moody’s Continue Reading
Luxury car maker, Aston Martin Lagonda has released its trading results for the first quarter of the year showing revenues of 78.6 million pounds sterling. Total wholesale volumes for the period was 578 units. The car company also announced a successful capital raising of 536 million in the period, amid rumours of a likely bankruptcy. […]Continue Reading
by Sanya Ademiluyi The heavy pall cast by the sudden collapse of international oil prices a forthnight ago and the ensuing market turmoil, began to lift off the market this week. One piece of good news which may have cheered the market was the gradual re-opening of several economies round the world which shell-shocked by […]Continue Reading
By Sanya Ademiluyi Central Bank of Nigeria Governor, Godwin Emefiele cuts the figure of a technocrat doing his job with patriotic zeal. Six years into the job , Emefiele has naturally crossed swords a number of times,with the powerful czars of the International Monetary Fund, IMF.Needless to say,a major sticky point would be the naira’s […]Continue Reading
ExxonMobil (NYSE: XOM) reported a $610 million loss in the first quarter, the first loss in more than three decades ,April 8. The supermajor said it would idle 75 percent of its rigs in the Permian basin, where it will concentrate its cuts because of the short-cycle nature of drilling. It also projects that spending […]Continue Reading
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