Culled—Proshare October 3, 2016/NASD Plc Conventional thinking supports asset sales , it frees up cash; in Nigeria’s case- allows the Government to focus on governance and ,as a bonus;, provides a tiny relief to the pent up pressure for foreign exchange. So why not? There is no question of the […]
Updates
China’s Yuan Achieves Milestone, Becomes A Global Reserve Currency
Culled—Proshare China’s Yuan officially enters the International Monetary Fund’s basket of reserve currencies Saturday, a telling trophy in the transformation of the Asian giant’s geopolitical status. Along with the dollar, the euro, the yen and the pound, the yuan will now be used as one of the IMF’s official lending […]
Oil price hits $50, Nigeria’s exports to rise
October 3, 2016/Punch Femi Asu Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50 per barrel mark, the third time this year. This comes as the expected return of the Forcados export terminal has helped to boost Nigeria’s planned crude oil exports this month to […]
