The price of oil held onto small gains Wednesday after the government reported a slight increase in U.S. crude supplies. By afternoon in New York, benchmark crude for June delivery was up 36 cents to $95.98 a barrel. The contract fell 54 cents to finish at $95.62 per barrel on […]
Author: InvestAdvocate
Oil rises toward $96 as China trade improves
Oil prices rose Wednesday after an upswing in China’s trade for April restored hopes that the world’s second-largest economy was strengthening. Benchmark crude for June delivery was up 10 cents to $95.72 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell […]
Offshore Remittance to Nigeria Hits N3.3 Trillion
Despite the global financial crisis, which erupted in 2008 that is yet to abate in Europe and United States of America, estimates from the World Bank has put offshore remittances to Nigeria at $21.0 billion (N3.3 trillion). The World Bank estimates, which was quoted by FBN Capital, is consistent with […]
