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Oil prices rise on US push to shut out Iran, supply disruptions

Oil prices rose on Wednesday as a supply disruption in Canada tightened the market and after United States officials told importers to stop buying Iranian crude from November.

Oil prices steady after a downward trend over supply concerns

Oil prices steadied on Wednesday after slipping prices as Saudi Arabia and Russia say they will pump more crude oil in response to falling global crude inventories and rising consumer prices.

Egypt begins marketing dual-tranche euro bond offering

The sovereign (rated B3/B-/B) has started marketing notes due April 2026 at low five per cent area. Bonds due April 2030 are being marketed at six per cent area.

Glimmers of hope in Iran economy despite Donald Trump

Even with President Donald Trump continuing to waive nuclear sanctions, Iran's economy remains hobbled by US restrictions but some diplomats in Tehran remain quietly confident for the future.

India, Thailand risk landing on currency manipulator watchlist

India and Thailand may have to give freer rein to the rupee and baht this year to avoid triggering US accusations that they’re manipulating their currencies to support exports.

UNEP, BNP Paribas partner on sustainable projects

United Nations Environment and BNP Paribas have signed a milestone agreement at the One Planet Summit to establish Sustainable Finance Facilities, collaborative partnerships aimed at raising development capital to drive sustainable economic growth in emerging countries.

China’s Sinopec to sell Nigeria investment

Sinopec, China’s oil giant and world’s second largest corporate organisation is planning to sell off its oil sector investment in Nigeria, and totally divest from the country.

US fines HSBC $175m for failure in forex oversight

The US central bank on Friday fined global banking giant HSBC $175 million for failing to oversee foreign exchange traders who misused confidential client information and colluded with traders at competing banks.

Former govs, others to lose assets in Dubai

The coast is clear for the Federal Government to seize assets of 22 politically exposed people and businessman in Dubai, following the signing of a pact with the United Arab Emirates (UAE) on Thursday.

Recent Stories

Gunmen abduct Bayelsa PDP chieftain on eve of planned defection to APC

A Peoples Democratic Party (PDP) chieftain and Vice Chairman, Bayelsa State Peace and Reconciliation committee, Bibi Oweifa, has been abducted by unknown gunmen at the state secretariat annex, Yenagoa.
National Chairman of PDP, Prince Uche Secondus (R), Atiku Abubakar and behind him Otunba Gbenga Daniel, DG, Atiku Presidential Campaign Organisation, at the declaration rally of Atiku for the 2019 presidential election, at Ribadu Square, Yola, Adamawa State, yesterday.

Ex-VP Atiku Abubakar: APC turning Nigeria into another Afghanistan

Former Vice President and frontline Presidential aspirant on Peoples Democratic Party (PDP) platform, Alhaji Atiku Abubakar, has said his interest in the 2019 presidential contest is not to achieve personal political ambition, but informed by need to help address the suffering and killings across the country.

Ethiopia intercepts about $10 million in joint security operation

Ethiopia police have in the past week seized huge cash sums and arms in different parts of the country, state affiliated FANA Broadcasting Corporate have reported.
PSG's Neymar

Neymar says he is victim of ‘double standards’ for club and country

Neymar has claimed that he is the subject of double standards when he plays for Paris Saint-Germain and Brazil.

Zlatan Ibrahimovic: I could have been US President

LA Galaxy striker Zlatan Ibrahimovic says he would be President of the United States of America if he had arrived 10 years earlier.