Author: Anthony Persuader

Oil Prices Tank after Fed Rate Hike Crude oil prices fell on Thursday after the Federal Reserve booked a 25 basis points rate hike amid concerns surrounding the US banking sector and worry over lower oil demand. International benchmark Brent crude traded at $76.27 per barrel, translating a 0.55% decrease from the closing price of $76.69 a barrel in the previous trading session. At the same time, American benchmark West Texas Intermediate (WTI) traded at $70.45 per barrel, a 0.63% fall after the previous session closed at $70.9 a barrel. The Fed raised its benchmark interest rate Wednesday by another…

The World Health Organisation (WHO) says Tanzania confirmed its first-ever cases of Marburg Virus Disease

Fitch Ratings has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’…

The Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP),

The US dollar was mixed against its major trading partners early Tuesday ahead of the Federal Open Market Committee announcement

UBS ratings have been downgraded following the acquisition of its troubled immediate rival

Crude oil prices declined amidst demand concerns following news that UBS will buy struggling Credit Suisse

Bitcoin surged past $28,000, adding $1,400 to its previous close. Bitcoin, the world’s biggest and best

The equities segment of the Nigerian Exchange (NGX) recorded about N479 billion loss as investors traded exits

Ahead of the monetary policy committee meeting scheduled for the week, analysts at Cowry Asset …