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Lagos, Nigeria
Sunday, January 28, 2018

Oil rises towards $80 on US crude inventory drop, weaker dollar

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and...

Diageo profit boosted by Trump tax reform

Guinness-maker Diageo said Thursday that its net profit jumped by a third during its first half, largely thanks to an exceptional gain following US...

Oil prices rise to $70 on strong economy amid OPEC cuts

Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of...

Asian markets see broad rebound but dollar takes fresh hit

Most Asian markets shrugged off profit-taking Wednesday and pressed on with a new year rally that has sent Hong Kong to successive records, though...

Tokyo stocks close lower on stronger yen

Tokyo stocks closed lower on Wednesday as Japanese exporters were weighed by a stronger yen, a day after the key index closed at a...

Cautious Bank of Japan leaves monetary policy unchanged

Japan's central bank on Tuesday kept its ultra-loose monetary policy in place, tamping down investor expectations of a move towards an exit from crisis-era...

Bank of Canada raises benchmark interest rate to 1.25%

The Bank of Canada raised its benchmark interest rate by 25 basis points to 1.25 percent Wednesday, pointing to sustained growth in the G7...

Bitcoin slides to below $10,000

Bitcoin, the dominant digital currency, extended a slump Wednesday following a recent surge to trade below $10,000 for the first time since the start...

Germany to add China’s yuan to currency reserves

Germany's central bank has said it will include China's yuan in its reserves, giving another boost to Beijing's drive to internationalise the currency and...

Tokyo stocks open flat

Tokyo stocks opened flat on Tuesday with investor sentiment weighed down by a strong yen. The Nikkei 225 index inched up 0.05 percent or 12.51...
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