Nigeria’s Minister of State for Petroleum Emmanuel Kachikwu defended the government’s decision to increase the price of gasoline as averting an even larger fuel shortage and...
Oil continued its rally on Monday, reaching a six-month high after supply disruptions in Nigeria moved the market into deficit. The rebound from a 12-year low...
Forex Weekly Outlook May 16 – 20 Last week, the US released mixed economic data. As mixed as the figures are, the US dollar gained...
Malaysia’s economy contracted to six years low in the first quarter of the year as exports and private investment eased. The economy grew 4.2 percent in...
U.S. retail sales rose in April by the most in a year, showing consumer spending is fueling the U.S. economy recovery from an early-year slowdown. Retail...
Hong Kong’s economy contracted in the first quarter of the year as weak property market and low retail sales weigh on growth. The economy fell 0.4...
German Economy Grows Faster Than Expected in Q1 German economy accelerated in the first quarter of the year than expected. The economy grew 0.7 percent...
Australian Iron Ore State Increases Price Forecast 12% Australian iron ore producing state increased its price forecast 12 percent after demand rose in China, its...
Nigeria’s vice president Yemi Osinbajo on Wednesday said Nigeria needs to review her foreign exchange policies, including further consideration for possible devaluation of the Naira. Nigeria...
At least a fifth of Nigerian oil output, equivalent to almost 400,000 barrels a day, has been shut down as a pipeline closure added to disruptions...
