Tag: Economy
The World Bank says South Africa’s economic growth will accelerate to 1.3 per cent in 2019 from an estimated 0.9 per cent in 2018. The World Bank, in its latest report on Tuesday cited the ...
Oil prices fell on Monday in line with weaker stock markets after evidence that economic growth in China, the world’s second largest crude consumer, eased in 2018. Brent crude oil futures LCOc1 were last ...
Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. U.S. West Texas Intermediate (WTI) crude futures CLc1 were ...
China’s economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday. This is reinforcing views that Beijing will need ...
China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging ...
The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018. The corporation disclosed this in its monthly ...
U.S. President Donald Trump threatened Turkey with economic devastation if it attacks a U.S.-allied Kurdish militia in Syria. “Will attack again from existing nearby base if it reforms. Will devastate Turkey economically if they ...
The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market. The Director, Corporate Communications, CBN, Mr Isaac ...
For the Federal Government, economic experts and even ordinary Nigerians, there is a yearning for a robust manufacturing sector that will drive the country’s economic growth and development. But for that to become a reality, ...
Gov.Oluwarotimi Akeredolu of Ondo State on Monday presented an Appropriation Bill of N190 billion for the 2019 fiscal year to the State House of Assembly for scrutiny and approval. Akeredolu said the budget tagged “Budget ...
Recent Comment