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European Union

European Union

Dollar
BANKING & FINANCE NEWSLETTER
The dollar was virtually flat on Wednesday morning ahead of what is widely expected to be the Federal Reserve’s first interest rate cut since the 2008 recession. About ...
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Inflation
INTERNATIONAL
The U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling sunk more than 1% to a 28-month low on Monday, as more investors scrambled to factor in the growing risk of a no-deal Brexit and the chance ...
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Sterling
BANKING & FINANCE NEWSLETTER
The British pound weakened on Friday, weighed down by European Commission President Jean-Claude Juncker’s telling Britain’s new prime minister, Boris Johnson, that a deal agreed by his predecessor ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar climbed to two-month peaks on Friday and was on pace for a second straight weekly gain after data showed the world’s largest economy slowed at a ...
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Adamawa
MEDICAL & HEALTHCARE
The European Union (EU) will spend 10 million Euros (Over N4 billion) in providing solar energy to some health facilities in Adamawa, the EU Head of Cooperation, Mr ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling traded below $1.25 on Thursday, little changed, after new Prime Minister Boris Johnson filled his cabinet with Brexiteers and vowed to leave the European Union on Oct. ...
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Boris Johnson
INTERNATIONAL
Boris Johnson has been elected new Conservative leader in a ballot of party members and will become the next UK prime minister. He beat Jeremy Hunt comfortably, winning ...
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sterling
BANKING & FINANCE NEWSLETTER
The British sterling fell back towards six-month lows against the dollar and the euro on Monday, with traders still nervous about a loss of momentum in the UK ...
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Sterling
BANKING & FINANCE NEWSLETTER
Britain’s economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesday, while diplomatic spats with the United States and China highlighted the country’s troubled ...
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Oil
NEWSLETTER OIL & GAS
Oil edged further above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions countered the U.S.-China trade dispute that has been dragging down the ...
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Sterling
BANKING & FINANCE NEWSLETTER
The British sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a ...
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Sterling
BANKING & FINANCE NEWSLETTER
The British sterling hit a six-month low on Friday, having lost more than 1% over the week against the dollar after poor economic data and a rise in ...
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IMF
INTERNATIONAL
George Osborne is preparing the ground for a bid to become the next boss of the International Monetary Fund (IMF), it has emerged. The former chancellor is weighing ...
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Oil
NEWSLETTER OIL & GAS
Oil prices rebounded on Wednesday after a steep fall in the previous session when OPEC and its allies’ decision to extend output cuts was not enough to counter ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling and gilt yields fell on Wednesday as economic data reinforced money markets’ view that the Bank of England would join its central bank counterparts in cutting interest ...
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AfCTA
BUSINESS & ECONOMY COVER NEWSLETTER
Africa’s pharmaceutical industry to create 16m jobs, says ECA The European Union Commission (EUC) at the weekend proposed a €40 billion package designed to create at least 10 ...
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Pound
BANKING & FINANCE NEWSLETTER
Sterling edged back towards five-month lows on Wednesday after the top contender to replace Prime Minister Theresa May reaffirmed his desire to take Britain out of the European ...
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Pound
BANKING & FINANCE NEWSLETTER
Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, though the risk of no-deal Brexit stemming from the Conservative Party leadership contest kept the ...
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Atiku
POLITICS & GOVERNMENT
About 60 presidential candidates in the 2019 general elections have faulted the Peoples Democratic Party (PDP) and its presidential candidate, Atiku Abubakar over the controversy surrounding the use ...
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