Nigerian lawmakers want to strip the central bank of the final decision in setting interest rates, instead proposing a new team to be headed by the minister of finance. from Bloomberg Markets https://ift.tt/DmvM2uN
The origins of the modern grid. from Bloomberg Markets https://ift.tt/dJ0zZQ7
Benin has agreed to allow Niger’s crude to be exported through its port after China stepped in to mediate a dispute between the two West African neighbors. from Bloomberg Markets https://ift.tt/djkUYZ7
The downturn in China’s residential real estate market weakened in May, suggesting that the government’s recent efforts to revive the market are beginning to take hold. from Bloomberg Markets https://ift.tt/YcDsOXb
Institutional investors have grown tired of paying fees to hedge funds for what they see as “skill-less returns.” from Bloomberg Markets https://ift.tt/nmtTprX
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong…
An oil tanker holding Russian crude oil off the coast of Ghana is finally unloading its cargo after a three-month wait. from Bloomberg Markets https://ift.tt/rigsN1V
Investors betting that technology behemoths will continue to fuel the rally in equities could be in for a rough ride when other sectors start to catch up, according to strategists at Bank of America Corp. from Bloomberg Markets https://ift.tt/LO6wgmG
Nigeria plans to reduce the number of levies in Africa’s most-populous nation by more than 87% in a bid to make it easier for residents to pay taxes and boost revenue. from Bloomberg Markets https://ift.tt/ugQVP1Y
Donald Trump was found guilty in the first criminal trial of a former US President in the nation’s history. However, a growing number of prominent figures in US business and finance are lining up to support Trump’s bid for the White House. Annmarie Hordern has the details in today’s “Big Take.” (Source: Bloomberg) from Bloomberg…