Nigerian Quotations
Nigerian Quotes from:
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Amount Quotes
With the ongoing political tensions in Iran and with Nigerian militants threatening more attacks on oil companies, short covering should push prices higher next week. Speculators still hold a considerable amount of short positions. With the current news flow, those investors should feel increasingly uncomfortable with their positions.
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Crisis Quotes
The Nigerian news would typically not get much of a market hearing given the modest amounts usually involved and the relatively short-lived nature of disruptions. However, given the potential crisis with Iran, markets are moving higher on just about any news that entails a possible supply pinch.
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Authority Quotes
The judicial authorities are imposing a grim ordeal on three journalists under pressure from the governor of an unstable state. The Nigerian press is still in the grip of harsh legislation, a brutal police force and authoritarian governors. On this New Year's Eve, we call for their release and we reiterate our commitment to the independent press and, in particular, to the three Port Harcourt prisoners who are exposed to dangerous challenges.
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