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London’s stock market rallied Tuesday to a new two-month peak, supercharged by a Brexit-hit pound and energy giant BP’s surging annual profits, dealers said.
Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
The British pound on Monday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said.
Stock markets retreated once more Thursday as China’s slowing economy forced Apple to slash its revenue forecast, wiping as much as $55 billion from its value and dragging down share prices in the wider technology sector.
Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand.
Oil markets dropped by around one per cent in 2019’s first trading on Wednesday, pulled down by surging US output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.
The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, yesterday picked holes in the 2019 financial estimates presented to the National Assembly last week by President Muhammadu Buhari, saying it was flawed and incapable of enhancing the development of the country.
The Organisation of Petroleum Exporting Countries (OPEC) and its allies agreed yesterday to cut oil production by 1.2 million barrels per day, owing to a record global crude glut and the need to halt the price slump.
Oil prices slumped to one-year lows Friday on lingering concerns over high crude supplies, while stocks diverged at the end of another volatile week for global markets.
Asian and European stock markets have tumbled after US values returned to levels not seen since the start of the year.
Oil prices dipped on Tuesday amid expectations of an increase in U.S. crude inventories, but signs of a fall in Iranian oil exports this month kept losses in check.
Nasarawa State Governor Abdullahi Sule has signed about four hundred Certificates of Occupancy since assumption of office on May 29th.
The Action Alliance in Kogi State on Saturday unanimously adopted a United States-based medical practitioner, Samuel Audu Alfa as its candidate in the November 16th governorship election.
French President Emmanuel Macron hosted his US counterpart Donald Trump for a previously unscheduled lunch Saturday ahead of the official opening of the G7 summit in southwest France.
At the 2-day presidential retreat that preceded the inauguration of new ministers, President Muhammadu Buhari apprised the appointees on the enormity of the tasks ahead.
Vincent Kompany faces weeks on the sidelines after suffering another hamstring injury as his Anderlecht team lost again to continue their winless start to his managerial debut, according to reports.
A romance scam in 2016 between a Japanese woman and a Nigerian who described himself as a US Army Captain stationed in Syria, led the FBI to the record crackdown on 80 Nigerian scammers, published documents revealed.
President Muhammadu Buhari said Friday that his administration is carrying out a total ‘overhaul’ of the Nigeria Police Force.
US President Donald Trump has called off a visit to Denmark scheduled for early September after the country’s prime minister rebuffed his idea of purchasing Greenland.
Daring President Muhammadu Buhari on Friday, IPOB leader Nnamdi Kanu said members of the group in the Republic of Japan had received orders from him to disgrace and arrest the President when he arrived the Asian country on Sunday.
Senate President, Ahmad Lawan, has condemned the assault on former Deputy Senate President, Ike Ekweremadu, in Nuremberg, Germany.