Sell In March and Buy In September – Gold’s Message To Investors Gold traders wondering about bullion’s 5% decline since its February high may not need to look any further than the calendar. That’s because gold appears to follow a six-months-on, six-months-off seasonal pattern. We’re right in the middle of […]
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CBN Scandal: Leaked Audio Authentic But Selective, Bank Says; Claims No Money Lost The Central Bank of Nigeria (CBN) on Sunday scrambled a rebuttal to deny media reports that it lost over N500 billion after a private investment by some of its top officials went awry. Sahara Reporters had reported earlier […]
India’s Richest Man Buys world’s Oldest Toy Store India’s richest man just bought Britain’s most iconic toy store chain. Reliance, owned by billionaire Mukesh Ambani, is buying Hamleys from its Chinese owner C Banner International for around £68 million ($88 million). The deal,announced late on Thursday, will give Ambani complete […]
Mercedes-Benz’s Climate Pledge: All Cars To Be Carbon-neutral By 2039 Mercedes-Benz pledged on Monday to make its new passenger car fleet carbon-neutral within two decades, an ambitious goal built on electric vehicles and renewable energy. The target, described as a “fundamental transformation of our company,” appears to be more aggressive than similar carbon-neutral targets […]
Oil Prices Rise After Saudi Arabia Reports Tanker Attacks Oil prices are rising as escalating tensions in the Middle East stoke fears about a global supply crunch. Saudi Arabia said two of its oil tankers had been sabotaged off the coast of the United Arab Emirates, in attacks it said posed a […]
Huawei’s Detained Finance Chief Speaks Out In Letter To Employees Huawei’s finance chief, detained in Canada since December, has written to the company’s 188,000 employees to thank them for support she says has filled her “with power. “Meng Wanzhou is awaiting a hearing on her possible extradition to the United States, where she […]
How Pentagon Diverted Another $1.5 billion For Trump’s Border Wall The Pentagon has diverted an additional $1.5 billion in Defense Department funds from various accounts in order to fund President Donald Trump’s border wall, acting Defense Secretary Patrick Shanahan told reporters Friday. He said the military has found a way […]
Beyond Minimum Wage: The Limits Of Populism And The Need For Fundamental Economic Reforms May 1, Nigeria celebrated Workers Day. This occasion presents an opportunity to consider the situation of the common man or woman in our country, the role of the labour movement in our political economy, and the […]