Tuesday, July 28, 2026
Nigeria’s domestic debt gulping over 90% of total servicing obligations- NEITI
A recent quarterly review by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that domestic debt servicing has consistently...
Read moreDetailsGlobal investors pare risk as $1.7bn is pulled out of emerging-market funds on US-Korea face-off
The standoff between the United States and North Korea, as well as increased racial violence in the US, have shifted...
Read moreDetailsTotal acquires Maersk Oil for $7.45bn in a share and debt transaction
Total, a leading international oil and gas company, has announced that its board and that of A.P. Møller – Mærsk,...
Read moreDetailsLibya halts biggest oil field loadings in latest disruption
Libya, Africa’s largest crude reserves, halted loadings from its biggest oil field in the latest disruption to the OPEC nation’s crude...
Read moreDetailsNigerians trending electronic as instant payment platform records 67.5% of total value transacted in Q2
Data from Nigeria National Bureau of Statistics (NBS) has indicated that the Nigeria Interbank Settlement Scheme (NIBSS) instant payment option...
Read moreDetailsNigerian lenders exposure to oil & gas still high at 22.5% despite sector’s NPL history
A sectorial breakdown of Nigerian banks’ credit to the private sector in the second quarter of 2017 indicates that the...
Read moreDetailsIndia to sell only electric cars within the next 13 years
Every car sold in India from 2030 will be electric, under new government plans that have delighted environmentalists and dismayed...
Read moreDetailsNigeria stocks close week positive as benchmark index rises 1.66%
Nigeria equities market closed Friday on a positive note, as NSE ASI appreciated by 1.66% to close at 36,920.56 basis...
Read moreDetailsNamibia’s central bank cuts rate by 25 bps amid weak economy, easing CPI
Namibia's central bank cut its benchmark repo rate by 25 basis points to 6.75 percent "to support domestic economic activity"...
Read moreDetailsNigeria’s over 190 marginal oil fields idle on government inaction, funding gaps
Lack of funding leading to underutilization of leases and government inaction in conducting bid rounds are holding back investments in...
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Nigerian elite: Agents of future destruction or development? (1)