Oil Prices Rise as Markets Gain on US-Iran Developments
By Mardiyyah Abubakar Oil prices rose on Tuesday after a sharp decline, while most global stock markets recorded gains as investors monitored developments in US-Iran relations and renewed optimism on Wall Street. Crude prices briefly gained about one per cent after falling five per cent on Monday. Traders reacted to hopes that the United States […]
CBN Retain Rates As Cardoso Says Economy Remains Resilient
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the country’s economy remains resilient despite mounting global uncertainties. Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who srated this on Tuesday after the Monetary Policy Committee (MPC) meeting in Abuja, attributed the performance to reforms implemented by both the fiscal and monetary […]
G7 Talks Focus on Middle East Crisis
By Oluwakemi Kindness Finance chiefs from the world’s leading economies are meeting in Paris for crucial talks as rising tensions in the Middle East continue to shake global economic confidence. The two-day meeting of the Group of Seven, also known as the G7, is being hosted by France, which currently holds the group’s rotating presidency. […]