Monday 12 January 2015

OIL PRICE REBOUND WILL DRIVE MARKET RECOVERY

OIL PRICE REBOUND’LL DRIVE MARKET RECOVERY The Financial Derivatives Company Limited has predicted that a rebound in oil price in the third quarter of the year will lead to a recovery of the stock market.
 
The research firm, which is run by an economist, Bismarck Rewane, said this in a report containing its outlook for 2015. According to the report, the impact of the naira devaluation will be felt most in the first quarter.
 

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