Author: InvestAdvocate

Oil above $98 as protests rock Egypt government

The price of oil advanced past $98 a barrel Tuesday, underpinned by political unrest in Egypt that raised fears of disruption to global crude supplies. By early afternoon in Europe, benchmark crude for August delivery was up 37 cents to $98.36 a barrel in electronic trading on the New York […]

FOREX-Dollar near 4-week high, Aussie tumbles on RBA

* Dollar supported by expectations of Fed’s eventual exit from QE * Euro off low after euro zone PMI shows broad improvement * Yen broadly softer after improved global risk sentiment * Aussie falls after RBA says it is still high   The dollar held firm near four-week highs against […]

Financial crimes: Keystone boss seeks delisting of Nigeria

Chief executive officers of banks have critical roles to play in assisting the Financial Action Task Force to delist Nigeria from its record of non co-operative countries, the Managing Director, Keystone Bank, Mr. Philip Ikeazor, has said. Ikeazor, who spoke at a recent monthly meeting of the Committee of Chief […]