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The Trump administration halts the nearly finished Revolution Wind offshore project near Rhode Island, citing vague national security concerns amid climate debate. In a move that has reignited concerns over the future of clean energy in the United States, the Trump administration has abruptly halted construction on a major offshore wind energy project off the…
Refined & Expanded Content: “US Oil Exports Drop as Nigeria’s Crude Production Surges in July 2025”A New Dynamics in Global Oil Supply and Nigeria’s Production Boom In a striking shift in global oil flows, the United States’ crude oil exports to Nigeria and other African countries fell for the fifth consecutive month, averaging just 3.3…
U.S. Stocks Update: Wall Street Holds Steady Near Record Highs Ahead of a Pivotal Federal Reserve Week Wall Street opened the week on a cautious note, hovering near its highest-ever levels as investors await a barrage of key updates from Federal Reserve Chair Jerome Powell and several of America’s largest retailers. U.S. Stocks Market Movers:…
Naira falls Against Dollar for Second Straight Day For the second consecutive day this week, the Nigerian naira continued its downward trend against the U.S. dollar at the official foreign exchange window. According to the Central Bank of Nigeria’s (CBN) official exchange rate data, the naira closed at ₦1,537.09 per dollar on Tuesday, slightly weaker…
EUR/USD Holds Steady Ahead of Key U.S. Inflation Data and Geopolitical Developments As financial markets brace for the release of the latest U.S. inflation figures—set for 3:30 PM Egypt time today—the EUR/USD currency pair remains relatively stable, hovering near the 1.1600 level. This period of market neutrality may soon shift, as the incoming data has…