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Daniel Anomietei

Daniel Anomietei

BANKING & FINANCE INTERNATIONAL NEWSLETTER

Margaret Thatcher, Noor Inayat Khan and David Jason among suggestions to appear on polymer note. The announcement that the Bank of England is to introduce a redesigned polymer £50 note has sparked speculation as to who might feature ...
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FADAMA
AGRIC BUSINESS

As part of efforts aimed at rehabilitating and cushioning the effects of poverty amongst IDPs that are taking refuge in Bauchi State, the World Bank Assisted FADAMA lll Additional Financing Project has distributed over 2000 ruminants to IDPs ...
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Brazil
AGRIC BUSINESS NEWSLETTER

The Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo, says Brazil will soon inject 1.1 billion dollars into Nigeria’s agriculture. The envoy said on Thursday night in an interview with newsmen in Abuja, that an agreement between Brazil ...
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Oil
NEWSLETTER OIL & GAS

Oil prices slipped on Wednesday after three days of gains as markets awaited key U.S. inventory data expected to show a build in U.S. crude stockpiles. Brent crude LCOc1 was down 25 cents at $81.16 a barrel by ...
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Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold rose on Wednesday as a rally in global equities ran out of steam, denting the appeal of riskier assets, while bullion investors used recent price dips to cover short positions. Spot gold was up 0.4 percent at ...
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Dollar
BANKING & FINANCE NEWSLETTER

The U.S. dollar gained on Wednesday as stocks dipped, boosting demand for safe haven currencies, and before the Federal Reserve is due to release the minutes from its September meeting. Stocks weakened a day after Wall Street’s strongest ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling weakened on Wednesday after data showed inflation fell more than expected in September and before a European Union summit at which Britain will try to unblock stalled negotiations for a Brexit deal. Economic data had briefly redirected ...
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Stocks
BUSINESS & ECONOMY NEWSLETTER

A recovery by global stocks proved short-lived as warnings over a slowing European auto sector soured an upbeat mood, while Wall Street was set for a slightly lower open after enjoying its best session in eight months the ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar was mired near a three-week low on Tuesday thanks to tepid U.S. data overnight, though broadly firmer U.S. Treasury yields prevented a sell-off. The data, showing U.S. retail sales barely rose in September, was a rare ...
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Sterling
BANKING & FINANCE NEWSLETTER

The pound rose above $1.32 on Tuesday after labour data beat expectations, but investors said doubts that a Brexit deal would be reached at a European Union summit this week would limit the currency’s advance. Less than six ...
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Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold rose on Tuesday as investors unwound some bearish positions after prices jumped to a 2-1/2-month high in the previous session, driven by a global equities sell-off. Spot gold was up 0.4 percent at $1,231.20 per ounce at ...
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Oil Prices
NEWSLETTER OIL & GAS

Oil prices fell on Tuesday on evidence of higher U.S. oil production and increasing U.S. crude inventories, but reports of a fall in Iranian oil exports helped to limit losses. Brent crude was down 50 cents a barrel ...
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Standard Chartered
BANKING & FINANCE INTERNATIONAL

China is likely to boost imports from African countries as it seeks new sources of commodities in the wake of a trade war with the United States, a senior executive of Standard Chartered Bank in China said. Trade ...
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Microsoft
IT/TELECOM

Paul Allen, the co-founder of Microsoft, has died aged 65. His death comes just two weeks after he revealed that he had been rediagnosed as suffering from non-Hodgkin’s lymphoma – something he was treated for, and seemingly cured ...
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Audi
AUTOMOBILE

Car maker Audi has been fined €800m (£702m) by a public prosecutor in Germany over diesel emissions. The company admitted responsibility for failings in certain V6 and V8 engines, and said it accepted the fine and will not ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar firmed against the pound and euro on Monday as British efforts to secure a Brexit deal ahead of a key European Union summit kept global investors’ preference to safe-haven currencies. The euro traded around 0.1 percent ...
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Brexit
BANKING & FINANCE NEWSLETTER

Sterling held near a one-week low on Monday as Brexit negotiations appeared to have hit an impasse before a crucial European Union summit later this week. Negotiators from both sides have been locked in talks this week to ...
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Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold rose more than 1 percent on Monday to its highest in about 2-1/2 months as investors sought refuge in the metal after mounting tensions between Western powers and Saudi Arabia compounded jitters in global stock markets. Spot ...
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Oil Prices
NEWSLETTER OIL & GAS

Oil prices steadied on Monday as tension over the disappearance of a prominent Saudi journalist stoked supply worries, balancing concerns over the long-term demand outlook. Benchmark Brent crude oil jumped by $1.49 a barrel to a high of ...
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Poultry
AGRIC BUSINESS

The Nigerian poultry industry worth over N1.7 trillion is being threatened by poor economy and high cost of feeds, the Poultry Association of Nigeria (PAN) has warned. Ezekiel Ibrahim Mam, the National President of PAN, stated this in ...
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