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Gold futures soar, book weekly gain after poor jobs report

Gold futures finished sharply higher Friday after a weaker-than-expected jobs report heightened expectations that the Federal Reserve would keep interest rates lower for longer. The Labor Department’s report showed that companies scaled back hiring in April, adding just 160,000 new jobs, compared with a forecast of

Oil futures settle higher, but snap streak of 4 weekly gains in a row

Those factors—bullish for oil prices—outweighed a disappointing jobs report showing companies added 160,000 new jobs to the U.S. workforce in April, compared with economists’ forecasts of 203,000, according to the Labor Department. A weaker jobs reports suggest tepid demand for oil. The continued spread of forest

How can Nigeria benefit from agricultural industrialisation?

Nigeria has so much to benefit from agricultural industrialization as this is a major sector that serves as the bedrock of the country. The potentials of Agricultural Industrialization towards a country’s development can never be over-emphasized, most especially in developing countries like Nigeria. Agricultural industrialization

Brazil, Russia to become leading sources of Nickel

Nickel, as a fairly common element, is abundant because of the earth’s natural properties. Deposits are scattered across the globe and some regions produce more than others, particularly Australia, Canada, and several countries in Asia. However, economic landscapes in these areas are changing the conditions