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Nigeria could teach the West a few things

  A trip is often defined by its surprises, so here are my biggest revelations from six days in Lagos, Nigeria. Most of all, I found Lagos to be much safer than advertised. It is frequently described as one of the most dangerous cities on earth. Many people told me I was crazy to go there, and some Nigerian expats ...

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Egypt surges; Dubai, Qatar outperform Gulf

  Reuters Egypt’s stock market closed the week at a record high on Thursday as foreign funds continued to buy, while Gulf markets inched up on the back of firmer crude oil and global bourses. Cairo’s index closed 1.7 percent higher at 12,824 points in the heaviest traded volume since mid-November. “Since the float of the currency on Nov. 3 ...

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Dollar rally falters as treasuries gain with gold

  Bloomberg The dollar faced further headwinds as Chinese efforts to stem capital outflows and a rethinking of Federal Reserve intentions conspired to halt the strongest rally in the currency in more than a decade. Gold rose with Treasuries. The greenback weakened a second day after reaching a 14-year high, as a record of Fed deliberations signaled central bankers remain ...

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