Oil prices dipped on Friday and were set for a weekly decline as traders weighed progress in indirect talks between the United States and Iran over Tehran’s nuclear programme and...
Read moreDetailsGlobal financial markets continue to trade cautiously, as renewed concerns over artificial intelligence disruption and escalating geopolitical tensions unsettled investors, driving demand for safer assets such as government bonds and...
Read moreDetailsWorld stock markets hovered near record highs on Thursday as concerns over artificial intelligence-driven disruption continued to subside, while currency and commodity markets reflected cautious optimism ahead of key geopolitical...
Read moreDetailsThe Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.50 per cent, marking a return to its monetary easing cycle after maintaining...
Read moreDetailsThe U.S. dollar was on track for its strongest weekly performance since October on Friday, buoyed by rising geopolitical tensions in the Middle East and renewed demand for safe-haven assets....
Read moreDetailsOil prices eased on Friday, heading for a second consecutive weekly decline, as concerns about a potential U.S.-Iran conflict, which had briefly boosted crude earlier in the week, receded, and...
Read moreDetailsOil production among members of the Organization of the Petroleum Exporting Countries declined in January, weighed down by reduced output from Nigeria and Libya, according to a Reuters survey released...
Read moreDetailsThe U.S. dollar eased on Friday after climbing to two-week highs, retreating as investors pared back safe-haven positions and returned cautiously to riskier assets following a sharp market selloff earlier...
Read moreDetailsThe Nigerian naira and the Zambian kwacha could post further gains in the near term, supported by policy reforms, improving foreign exchange liquidity and easing external pressures, market analysts said....
Read moreDetailsThe naira closed January at ₦1,386 to the US dollar at the official foreign exchange market, reflecting continued efforts by monetary authorities to stabilize the local currency amid lingering pressure...
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