Tag: Oil

Transition to Agriculture, Uphill Task for Buhari’s Regime, as Nigeria Imports less than 250 Tractors Annually- PanAfrican Group

by Barnabas Esiet Lagos (INVESTADVOCATE) – Jamie Rixton, General Manager (GM) PanAfrican Group (Agric Division) in Nigeria on Friday said the Mohammed Buhari’s administration quest to transit from oil based economy to agriculture is going to be an uphill task, more so as there has not been any significant investment […]

Wall St. slips as energy stocks drag; Fed meet awaited

Mon Mar 14, 2016/Reuters By Abhiram Nandakumar Wall Street was slightly lower on Monday as a fall in oil prices weighed on energy stocks and investors paused ahead of the release of a slew of economic data and the U.S. Federal Reserve’s monetary policy meeting. Crude prices, which have dictated […]

Wall Street gains as factory data shines amid oil gloom

Thu Feb 25, 2016/Reuters By Abhiram Nandakumar Wall Street was little changed in choppy trading on Thursday, breaking away from sliding oil prices, as strong U.S. durable goods data pointed to a recovery in the struggling manufacturing sector. Orders for U.S. durable goods rose more than expected in January, as […]