Twenty years after it was discovered, the Aje field located in Oil Mining Lease 113 has achieved its first oil, putting Lagos on the list of...
The people’s Bank of China (PBoC) set the midpoint for yuan against the dollar at 6.4589 on Friday – a 0.6 percent increment that marked the...
Bank of Japan’s governor Haruhiko Kuroda once again surprises the market by doing nothing, even after analysts have forecast a move by the institution to weaken...
Durable goods ordered last month in the U.S rose less than expected as demand remained weak. Data from the Commerce Department showed items meant to last...
The president of European Central Bank Mario Draghi on Thursday, announced the union has decided to keep interest rates at record lows and maintained the same...
China’s Economy Expands 6.7% in First Quarter China’s economy is gradually stabilizing after monetary easing program and currency devaluation to stimulate growth failed as oil glut...
Australian unemployment rate dropped to two and a half years low in March, making it unlikely that the Reserve Bank of Australia will cut interest rates...
U.S. Retail Sales Fall Unexpectedly in March U.S. retail sales fell in March as households cutback on purchases of automobiles. This raised concerns that consumer spending is...
Nigerian economy continues to nosedive as recent inflation report confirmed all is not well with Africa’s largest economy. The consumer price index data shows price of...
U.K. inflation rate rose to 15 month high in March as Easter boosted prices. United Kingdom consumer prices rose 0.5 percent from a year earlier, according to...
