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In 2024, Saudi oil giant Aramco reported a profit of $106.25 billion, down 12% from the previous year due to lower energy prices. The company’s revenues declined to $436 billion, …
Aramco Reports $106 Billion Profit in 2024 Amidst Lower Oil Prices Read More
Nigeria, alongside nine other African countries, accounts for 69% of the continent’s external debt, as reported by Afreximbank. The report highlights rising debt levels spurred by underdeveloped financial markets and …
Nigeria and Nine Others Contribute to 69% of Africa’s External Debt, Reports Afreximbank Read More
Soybean futures have fallen below $10.00 per bushel, reaching a two-month low due to China’s retaliatory tariffs that threaten U.S. agricultural trade. China’s tariffs, which range from 10% to 15%, …
Soybean Futures Decline Amidst China’s Retaliatory Tariffs Read More
Kazakhstan has revoked a previously granted $54.5 million arbitration award to World Wide Minerals Ltd., extending a legal dispute exceeding twenty years. The conflict originated when WWM’s operations in the …
Kazakhstan Overturns $54.5 Million Arbitration Award to World Wide Minerals Ltd. Read More
Nigeria’s 2025 budget, presented by President Bola Tinubu, promises stability and growth but is marred by significant flaws. The allocation of N54.99 trillion heavily favors debt repayment and personnel costs, …
Challenges in Nigeria’s 2025 Budget: Economic Promises and Shortcomings Read More
The 2025 Nigerian budget, while promising substantial allocations, is largely directed toward debt repayment and overhead costs, leaving minimal funds available for key developmental sectors such as agriculture and manufacturing. …
An Analysis of Nigeria’s 2025 Budget: Limitations in Economic Relief Read More
EcoGraf’s shares soared by 47.6% to A$0.155, the largest intraday gain since February 2021, following the receipt of a special mining license for the Epanko Graphite project in Tanzania. The …
EcoGraf’s Stock Soars Following Special Mining License Approval Read More
In 2024, Mozambique’s ruby production surged to nearly 4 million carats, a 46 percent increase from the previous year. The government exceeded its target of over 3 million carats early …
Mozambique’s Ruby Production Expected to Approach 4 Million Carats in 2024 Read More
Recent coffee price movements indicate a mixed outcome, with Arabica supported by drought conditions in Brazil. Investors are adjusting their strategies as they navigate the complexities within the coffee market, …
Coffee Prices Show Mixed Results with Arabica Boosted by Brazilian Dryness Read More
Lavras Gold has reported 1.8 g/t gold over 123 meters at the Butiá Gold Deposit, part of the LDS Project in Southern Brazil, while also providing updates on its exploration …
Lavras Gold Reports Significant Gold Intercept at Butiá Deposit in Brazil Read More