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Farooq

Archive by Category "Commodity"

HomeArchive by Category "Commodity"

By Ugo Nwagwu The best time for Nigeria to industrialize was 35 years ago. The second best time; NOW! Pre Independence Malaysia was rich in natural resources such as porcelain, spices (which were then traded as currency) and large deposits of Tin. As part of the British Empire, the British took over administration of the […]

Crude-oil prices pared some losses in mid-Asia trade Monday after tumbling more than 6% in the opening hour following a failure of the key producers to agree on a production cap that could have tightened up the supply market. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at […]

April 15, 2016 – By NairaFX IMF Managing Director, Christine Lagarde, who speaking at the opening press briefing of the fund at the 2016 Spring Meetings of the IMF-World Bank in Washington D.C., has asked that the Nigerian Federal Government look for assistance from international institutions that have the capacity to aid the Nigerian economy […]

JOHANNESBURG, April 15 (Reuters) – Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an opportunity to push for reforms and inject transparency into opaque economies.  Top of the list is Angola, Africa’s second biggest crude producer and third largest economy, which has not borrowed […]