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Bank of England warns of recession as pound falls to lowest level against dollar

The British pound has fallen to its lowest level against the U.S. dollar since 1985. The currency fell to $1.1407 on Wednesday afternoon — a level not seen since the

Oil recovers towards $57 per barrel

Brent crude oil reversed its recurring losses to trade back towards $57 a barrel on Tuesday, which is a good development for Nigeria whose budget benchmark for 2015 is $53. This has been

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