U.S mortgage application rises as borrowing costs drops
Afolabi OluwaseunAugust 21, 2019
U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs
‘Channel funds for energy subsidies to growth enhancing investments’- IMF tells global economies
Adesola AfolabiAugust 19, 2019
The International Monetary Fund (IMF) is advising economies around the globe to quit funding energy subsidies that breed fossil fuels
Nigeria accounts for 20% of India’s trade in Africa, says envoy
Businessam StaffAugust 15, 2019
Abhay Thakur, the high commissioner of India to Nigeria, has said that Nigeria alone accounted for 20 percent of India’s trade in
China to counter latest U.S. tariffs as Trump vows deal on U.S. terms
Businessam StaffAugust 15, 2019
China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it
How Egypt plans to deepen financial markets with CONIA
Adesola AfolabiAugust 15, 2019
The Egyptian monetary authority has announced steps taken to reposition its financial markets through the introduction of CONIA, the
No concessions from China as U.S. postpones some tariffs: U.S. commerce chief
Businessam StaffAugust 14, 2019
There were no concessions from China for the U.S. decision to postpone tariffs on some Chinese imports until mid-December, U.S.
Trump backs off China tariff plan with delays for cellphones, laptops
Businessam StaffAugust 14, 2019
President Donald Trump on Tuesday backed off his plan to impose 10% tariffs on remaining Chinese imports on Sept. 1, delaying duties
U.S. and Britain discuss trade deal that could take effect on November 1
Businessam StaffAugust 13, 2019
Britain and the United States are discussing a partial trade accord that could take effect on Nov. 1, the day after Britain is due to
U.S. emerges fastest growing crude oil producer
Businessam StaffAugust 13, 2019
The U.S has emerged as the fastest growing crude oil producing region. This is according to the latest data published by Statista, an
Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession
Businessam StaffAugust 12, 2019
Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman