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A market to trade on should be the first decision to take. Stocks, ETFs and Forex are significantly different in terms of required skills, involved risks and potential profits.

Coronavirus attracting more players to forex trading – expert

A fund manager, Mr Stano Emmanuel, says the COVID-19 pandemic has attracted many players to forex trading.
(FILES) In this file photo taken on August 31, 2017 a British one pound sterling coin, and a one euro coin, are arranged for a photograph in central London. – Sterling soared Thursday, October 17, 2019 within a whisker of $1.3, striking five-month peaks after the European Union reached a draft Brexit withdrawal deal with London. (Photo by Daniel SORABJI / AFP)

UK officially enters recession for first time in 11 years

The United Kingdom has officially fallen into recession for the first time in 11 years.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices fall amidst US coronavirus case surge

Oil prices fell on Tuesday, erasing earlier gains, on concerns that the surge in coronavirus cases in the United States, the world’s biggest oil user, will limit a recovery in fuel demand.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Oil prices gain with OPEC+ holding the line on supply cuts

Oil prices rose more than one per cent on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Oil prices slump as wary traders eye upcoming OPEC+ meeting

Oil prices edged down on Monday as traders took profits, with the Organisation of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June.

Oil edges higher on supply worries; eyes on trade talks

Oil prices rose on Tuesday, buoyed by overnight gains in industrial commodities, while unrest in oil-producing countries Iraq and Ecuador raised concerns of supply disruption, adding to support.

Oil slips as focus shifts from Saudi supply to global demand concerns

Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia.

Oil prices edge up after turbulent week as Saudi Arabia reassures on output

Oil prices edged higher in Asian trade on Thursday after days of turbulence, with markets soothed by Saudi Arabia’s pledge to restore full production by end-September at facilities knocked out in drone and missile attacks last weekend.

Brent crude price crosses $60 mark

Oil prices on Friday clawed back the previous day’s losses, with Brent nudging above $60 a barrel, as tighter supplies from key producers offset slowing demand growth and investors await clues on the U.S. Federal Reserve’s monetary policy.

Oil prices gain amid tension between Iran, US

Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the United States after U.S. Secretary of State Mike Pompeo said “significant” sanctions would be announced on Tehran.

Brexit delay request sends pound reeling

The pound fell sharply on Wednesday after British Prime Minister Theresa May announced it was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve’s interest rate call.
An employee shows US dollar banknotes at a foreign currency brokerage office in Khartoum on October 7, 2018. - Sudan slashed the official value of its currency against the US dollar by more than half on October 7, the third devaluation this year in the face of a mounting economic crisis. (Photo by ASHRAF SHAZLY / AFP)

Dollar slips as trade progress boosts risk assets; kiwi soars

The dollar edged lower versus its peers on Wednesday, as rising hopes of a breakthrough in U.S.-China trade talks led investors to put money into the euro and Asian currencies.

Oil slips back towards 18-month lows on oversupply

Oil prices fell more than one per cent on Thursday after rebounding eight per cent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices.

Oil falls, heading for biggest monthly slide since 2008

Oil fell on Thursday bringing losses for the month so far to 23 per cent, marking its largest one-month fall since the depths of the financial crisis in 2008.

Stock markets downbeat as dollar firms

Stock markets kicked off the week in lacklustre fashion on Monday as the dollar recovered some ground after slumping last week to three-year lows against the euro.

Bitcoin slumps through $15,000 after biggest rally

The bitcoin fell below $15,000 after the cryptocurrency’s biggest rally in two weeks ended a rout that wiped more than $9,000 off the price.

Recent Stories

Britain reopens visa application centers in Nigeria

The United Kingdom High Commission has announced that its center’s across the country has reopened.
Nigeria’s Private Sector led Coalition Against COVID-19, CACOVID, yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to vulnerable Nigerians.

CACOVID: Looted palliatives awaiting distribution

Most of the looted palliatives in warehouses across the nation were awaiting distribution to over 2 million vulnerable households, the private sector-led Coalition Against COVID (CACOVID) has explained.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.

#EndSARS: Police parade two minors, four others for arson

Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.
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#EndSARS: Ekiti panel receiving petitions ahead of November 2 sitting

The Ekiti State Judicial Panel of Inquiry on the Allegations of Human Rights Violations Against the Police, defunct SARS officers and other Persons has commenced its activities with a call on citizens of the State to start submitting petitions ahead of its November 2 inaugural sitting.
The Lekki Concession Company, LCC, has refuted claims that it removed the CCTV’s at Lekki tollgate few hours before the shooting of protesters on Tuesday.

Britain asks Nigerian government to investigate Lekki shooting, bring culprits to book

The British High Commission in Nigeria has asked the Federal Government of Nigeria led by President Muhammadu Buhari to investigate all killings and incidents associated with the #EndSARS protests.