Oil prices rose today, boosted by a strong outlook for demand in the United States after fuel inventories fell more than expected, and a weaker U.S. dollar. Brent crude futures were up 34 cents, or 0.5%, to stand at $71.12 a barrel by 0745 GMT, their highest level since March 3. U.S. West Texas Intermediate […]
World oil prices jumped today on fresh moves by China to boost its economy and as traders tracked an uncertain future for Syria and the wider crude-rich Middle East. Major stock markets diverged as investors reacted to political crises in South Korea and France, and tracked the perspectives for interest rate cuts, reports AFP. Gold, […]
•FCT Alhaji Adamu Wanki, the Permanent Secretary, Treasury and Budget, Federal Capital Territory (FCT) administration, says Nigeria, particularly the FCT, faces significant economic volatility, occasioned by fluctuations in oil prices. Wanki stated this at the Chartered Institute of Treasury Management (CITM) mandatory continuous training prog...
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