Mon Feb 29, 2016/Reuters By Lisa Twaronite Asian shares rose on Tuesday, bolstered by China’s monetary easing and downbeat manufacturing and service surveys that raised hopes of additional measures, though lackluster U.S. and European data kept concerns about global growth momentum alive. MSCI’s broadest index of Asia-Pacific shares outside Japan […]
Tag: Reuters
Oil prices “totally unacceptable”, Nigerian president tells Qatar’s ruler
Sun Feb 28, 2016/Reuters By Felix Onuah The OPEC cartel needs to take action to stabilise the oil market because crude prices have fallen to “totally unacceptable” levels, Nigerian President Muhammadu Buhari said on Sunday. Nigeria, Africa’s biggest oil producer which earns around 90 percent of its foreign exchange earnings […]
Naira Slumps 20.69%, Trades N350 to Dollar
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday slumped 20.69 percent on Thursday following gains recorded earlier in the week reversing to trade N350 to a dollar, according to Cordros daily market update. The update affirmed that as at the time of its report, the naira in the interbank market […]
