BOE Raises Interest Rate to 0.75 percent The Bank of England led Monetary Policy Committee raised interest rates by 25 basis points from 0.50 percent to...
Stock Market Dips to Six Weeks Low on Weak Earnings The gauge of the Nigerian stock market declined the most in six weeks on Wednesday following...
Global Oil Prices Drop on Higher U.S. Inventories Global oil prices declined on Wednesday as U.S. oil inventories rose than expected last week. The American Petroleum...
Crude Oil Rises As U.S.-EU Agrees to Negotiation Crude oil prices climbed higher on Thursday following an agreement reached by both the United States and the...
Facebook Loses $120 Billion in Value Facebook stock on Thursday declined by 19 percent to erased about $120 billion in market value following a disappointing earnings...
External Reserves Declines by $394m in 13 Days Nigeria’s foreign reserves have declined to a three-month low of $47.303 billion, according to the Central Bank of...
Nigeria’s Inflation Declines to 11.23% in June Prices of goods and services in Africa’s largest economy Nigeria declined for a 17th consecutive month in June, the...
European Union Fines Google $5 Billion The European Union has fined Google Inc. a record 4.3 billion euro (US$5 billion) for illegal practices and instructed the...
Jeff Bezos, Richest Man in History, Worth $150 Billion Jeff Bezos, the Amazon.com Inc. founder, is the richest man in modern history. The billionaire on Monday...
Crude Oil Trades Above $75 Per Barrel as Netanyahu Points Finger at Iran The increase in global tension and breakdown in Libya’s pipeline boosted global oil prices...