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Oil prices posted weekly losses of about 7% on Friday as growing optimism over a possible US-Iran agreement overshadowed persistent geopolitical tensions and supply risks in the Middle East.
Gov. Umo Eno of Akwa Ibom says plans have been concluded for the state to implement an oil palm revolution targeted at boosting economic prosperity.
XRP rose slightly on Friday as investors returned to position amidst X’s strategic decision to integrate Ripple’s live price charts for tracking movement. Trading data showed XRP gained 0.34% to settle at $1.39, following earlier reported profit-taking by retail investors in the crypto market.
South African Rand momentum eased against Western currencies as US-Iran clashes reverse market optimism. The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation returned to normal.
Stoked by negative sentiment, Bitcoin (BTC). Ethereum (ETH) and Ripple (XRP) prices declined on Friday amid US-Iran tensions, triggering a fresh cryptocurrency selloff.
Nigerian Maritime Stakeholders Demand End to Dollar-Denominated Port Charges A quiet but growing rebellion is building inside Nigeria’s maritime sector.…
Fitch Ratings has affirmed Zenith Bank Plc’s Viability Rating (VR) at ‘b’, Long-Term Issuer Default Rating (IDR) at ‘B’ and National Long-Term Rating at ‘AA(nga)’. Fitch’s outlook on the Long-Term IDR and the National Long-Term Rating is stable.
Alex Otti and China Team Up to Build Abia’s First Seaport Abia State Governor Alex Otti has given the green…
Oil prices rose in the global commodity market on Friday as escalating tensions between the US and Iran in the Strait of Hormuz renewed concerns about global energy supply security.
Global markets retreated as the geopolitical tensions’ shockwave stoked sell pressure across major exchanges. Escalating US-Iran ceasefire tensions dominated global markets, First National Bank (FNB) said in a morning brief.