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CBN Reports $5.47 Billion Spent on Foreign Debt Service in 14 Months

March 17, 2025March 17, 2025 - by Maya Chowdhury - Leave a Comment

The Central Bank of Nigeria reported a foreign debt service expenditure of $5.47 billion from January 2024 to February 2025 and a modest increase in foreign remittances to $180.03 million. …

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Oman and Angola Strengthen Bilateral Ties to Foster Economic Cooperation

December 21, 2024December 21, 2024 - by Aisha Khoury - Leave a Comment

Oman and Angola aim to enhance their bilateral cooperation, focusing on economic, commercial, and investment opportunities. This initiative follows the official visit of President Joao Lourenco, where both leaders discussed …