Wheat Increased By 1.26% to $4.88 per Bushel


Friday, July 20, 2018 /9:01AM/FDC 

The FAAC/NNPC gridlock is beginning to take its toll on the economy. The liquidity crunch as a result of the delay is already drying up credit availability. The unintended consequence is a stronger naira at N360/$. As state governments gasp for funding, a continuation of the impasse could tilt the economy towards a slowdown again.

Meanwhile, oil prices have recovered marginally to $72.21pb on supply disruptions in Venezuela and higher US oil imports.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

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