Friday, June 21, 2019 9:00AM /by FDC Ltd
The downing of a US drone by Iran and hard words by Trump triggered an oil price (Brent) rally to $64.22pb. This commodity price move will help Nigeria’s external reserves which has been slipping recently.
The NSE had another unimpressive trading day with a 0.02% decline in spite of hope that a possible listing by Airtel Nigeria could lift investor sentiment.
The attached slides addresses these and other issues in the domestic and global commodity markets.