Dollar Stalls, Yields Ease as Stocks Trade Mixed: Markets Wrap
The dollar slipped and longer-dated Treasury yields were lower as investors awaited Thursday’s U.S. inflation report before gauging the direction...
Nigeria among top three countries with electricity deficits – World Bank
The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said...
Saudi Wealth Fund, Early Alibaba Investor Back Jordanian Startup
A unit of Saudi Arabia’s $400 billion Public Investment Fund has led a new financing round for OpenSooq.com, a Jordan-based online classifieds...
BOE Models Big Shift Toward Digital Currency Bank Reserves
A big portion of consumer deposits at retail banks could shift to digital currencies if governments start offering them, the...
U.S.-China Trade Relationship Significantly Imbalanced, Tai Says
The trade relationship between the two largest economies in the world has “significant imbalance” and the Biden administration is committed...
U.S. Hiring Likely Picked Up in May While Unemployment Fell
Hiring in the U.S. is estimated to have accelerated in May, with signs of employers struggling to fill job openings...
Nigeria Misses Goal on Growing Access to Financial Services
Nigeria fell short of its goal to bring more of its citizens into the regulated financial system, with the effects...
U.S. oil (WTI) heading to $70 mark
The U.S. Oil (WTI) is on its way to break the $70 mark. This is because of bullish investors sentiments...
Financial sector is under intense pressure from FinTech firms – FITC
FITC, a professional services firm owned by the Bankers Committee, has said that the Nigerian financial services sector has come...
Gold struggles to maintain $1,900 mark
Gold started the Asian session today bearish, but remained near its 10-year high. The indecisiveness in the direction is due...
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