Lolade Odeyemi

Lolade Odeyemi

COVER FOREX NEWSLETTER

The European Single Currency, euro, on Friday, April 20, weakened below $1.23 on Friday and is poised for its biggest weekly drop in two months as investors trimmed record high bets before a European Central Bank meeting next ...
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COVER NEWSLETTER OIL & GAS

Giant Oilfield services provider Schlumberger NV (SLB.N) posted an 88 percent rise in quarterly profit on Friday as rising crude oil prices encouraged its North American clients to ramp up spending. The company’s revenue from North America jumped ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Trading activity on cryptocurrency exchanges has tumbled from its December peak, industry data shows. The virtual currency market halved its December peak as retail interest in the virtual coins declines and the prices of many remain far below ...
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CHEMICAL & PETRO-CHEMICAL COVER NEWSLETTER

Gold prices drew back, on Friday, April 20, and were on track to end the week lower as the dollar advanced on expectations of higher interest rates and the view that global political and security risks were easing. ...
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Nigeria GDP could expand 2.5% next year - Moody's
BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria accounts for 90 percent of the Gross Domestic Product (GDP) of Anglophone countries in West Africa, a new report by the Ecobank Research team has revealed. Anglophone West Africa, which stretches from Gambia in the West to ...
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NEWSLETTER OIL & GAS

Negotiations between Exxon Mobil (XOM.N) and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential setback to the oil major’s ambitions to expand in the country. Over ...
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COVER FOREX NEWSLETTER

The United States of America dollar, on Friday, April 20, grew. The index, which measures the greenback against a basket of peer currencies, was up 0.2 percent. The USD held generally firm across the board helped by higher ...
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COVER NEWSLETTER OIL & GAS

Oil prices dipped on Friday, April 20, after U.S. President Donald Trump slammed the Organisation of Petroleum Exporting countries, OPEC , and said oil prices were artificially high, but they were still set for a weekly gain. Brent ...
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BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

World stocks slumped on Friday, April 20, as concerns about a global slowdown in smartphone demand pressured the technology sector while oil prices fell after U.S. President Donald Trump said prices were artificially high. The MSCI All Country ...
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INTERNATIONAL NEWSLETTER

Talks between plane manufacturers, Boeing Co (BA.N) and Embraer SA (EMBR3.SA) aimed at a tie-up that also involve Brazil’s government are at an advanced stage, O Estado de S. Paulo newspaper reported on Friday. The Boeing and Embraer partnership ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Transactions on the floor of the Nigerian Stock Exchange, NSE, on Thursday, April 19, reversed southwards movement, as lead indices of the bourse saw an upward swing. Consequently, the All Share Index, NSE-ASI of the bourse equities trended ...
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Naira unaffected by Trump’s victory
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Naira, on Thursday, April 19, maintained firmness against the United States of Anerica Dollar, at the parallel segment of the Nigerian Foreign Exchange Market. The local currency, stayed at the same rate throughout the trading week ...
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Pound
COVER FOREX NEWSLETTER

The British Pound Sterling on Thursday, April 19,  crashed after disappointing UK retail sales data added to concerns about how many interest rate hikes the Bank of England will pursue this year. The GBP, among the best-performing G10 ...
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COVER FOREX NEWSLETTER

The European Single Currency, euro, on Thursday, April 19, slowed against peers at $1.24, as investors shrugged off a rise in long-term U.S. bond yields and sold the dollar. The euro rose 0.1 percent to $1.2387 after earlier ...
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COVER FOREX NEWSLETTER

The United States of America Dollar, on Thursday, April 19,gained momentum against peers at the currency market. The greenback index against a group of major currencies traded 0.1 percent up at 0245 GMT. Expectations that Western strikes on Syria ...
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CBN Forex
COVER FOREX NEWSLETTER

The Central Bank of Nigeria, CBN,  revealed that it has yet again pumped a whooping 210 million dollars into the Foreign Exchange market.in its continued intervention in the sector. Acting Director, Corporate Communications Department, Mr Isaac Okorafor, in ...
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Crude Oil
COVER NEWSLETTER OIL & GAS

Oil prices soared on Thursday, April 19, to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters top exporter Saudi Arabia is seeking to push oil prices ...
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Islamic economy
BUSINESS & ECONOMY COVER INTERNATIONAL NEWSLETTER

The latest Reuters polls of over 500 economists worldwide have suggested that the global economy will race further ahead in 2018, expanding at its fastest pace since 2010, but trade protectionism has the potential to quickly tire it out, ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Cryptocurrency funds were down 29.2 percent in March amid an ongoing plunge caused by increased scrutiny from global regulators of the virtual assets, according to a new index launched by data provider BarclayHedge. The Barclay Cryptocurrency Traders Index ...
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CHEMICAL & PETRO-CHEMICAL COVER NEWSLETTER

Gold prices slumped on Thursday, April 19, weighed down by a firmer dollar and a decline in global geopolitical tensions, breaking a string of gains for four successive sessions. Spot gold was down 0.2 percent at $1,346.60 per ounce by 1015 ...
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