GTI Group Research Financial Possbilities

Nbs

Petrol, kerosene prices rose in August – NBS

5 ViewsTwo reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch...

CRUDE OIL

Oil dips as U.S. storm-hit supply makes slow return

4 Views  Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts are on track to post weekly gains of...

naira dollar exchange 1

Naira slumps further, exchanges for 570/$

6 ViewsThe naira continued its downward trend after exchanging to the dollar for 570 on Thursday. A week earlier, the naira had traded to the dollar at the rate of 534. According to the...

dollar

Dollar holds upper hand after retail sales boost

5 Views  The dollar held near three-week highs against a basket of major currencies on Friday after a raft of strong U.S. economic data rekindled expectations for earlier policy tightening by the U.S. Federal...

BLOGA

Local Bourse Recedes, as NGX-ASI Sheds 0.15%

44 ViewsNGX Trading activities on Custom Street for today (Thursday) closed on a negative note, to halt two consecutive days of bullish sentiment. The downturn was due to market watchers’ sell-off sentiment in all...

oil

Oil prices extend gains after draw in U.S. stocks

20 Views Oil prices climbed on Thursday, extending the previous day’s solid gains after a larger-than-expected drawdown in crude oil stocks in the United States, the world’s largest oil consumer. Brent crude oil rose 18...

INFLATION DECLINE

Inflation drops again to 17.01%, in August

17 ViewsFor  five months, consecutively, the inflation rate has continued its  downward trend to  settle  at   17.01 per cent (year-on-year) in August 2021 from the previous rate of 17.38 per cent in July 2021....