Tue Feb 23, 2016/Reuters By Abhiram Nandakumar Wall Street slipped on Tuesday, in tandem with a renewed slide in oil prices, as yet another rally failed to take off in what has been a turbulent year so far for markets. Saudi Oil Minister Ali Al-Naimi told global energy executives on […]
Tag: Oil
Oil, European stocks gain as volatility eases
Wed Feb 17, 2016/Reuters By Jamie McGeever Oil and stocks steadied on Wednesday and the dollar eased, as investors looked forward to less volatile trading, a day after world stocks recorded one of their biggest rallies in years and oil prices swung in a 10 percent range. After a strong […]
Nigeria’s Economy to Grow by 3.78% in 2016-NBS
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s economy is expected to grow by 3.78 percent in 2016 from 2.97 percent recorded in 2015, an increase of less than 100 basis points, according to a latest report from the National Bureau of Statistics (NBS). “Beyond 2016 however, growth is expected to jumpstart […]
