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Lebanon has renewed its oil import agreement with Iraq, transitioning from fuel oil to crude oil amid a financial crisis. The new terms include immediate cash payments in US dollars, …
Lebanon and Iraq Reach New Oil Import Agreement Amid Financial Challenges Read More
GeoPark, a Colombian oil and gas company, has raised US$550 million in debt to refinance existing obligations. Prominent law firms facilitated this issuance, emphasizing the transaction’s significance in the sector. …
GeoPark Secures $550 Million in Debt for Debt Repurchase Read More
Silvercorp is expanding its operations into Ecuador by acquiring El Domo and Condor projects, transitioning into copper and gold production alongside silver. The El Domo project is expected to boost …
Silvercorp Expands Horizons: Entering Ecuador’s Mining Sector Read More
Nigeria anticipates an influx of over N3 trillion in liquidity, expected to lower short-term interest rates significantly. The influx stems from factors such as maturing treasury bills and bond repayments. …
Nigeria Anticipates Liquidity Influx, Short-Term Interest Rates to Decline Read More
Nigerian Breweries attained record revenue of N1.1 trillion in 2024, an 81% increase from 2023. This surge is attributed to the crucial role of distributors across Nigeria, who facilitated product …
Nigerian Breweries Achieves Record Revenue in 2024, Thanks to Distributors Read More
Ghana’s central bank has discontinued its gold-for-oil program under Governor Johnson Asiama, who anticipates cedi stabilization after previous volatility. With interest rates at 27 percent and inflation easing, the governor …
Ghana Halts Gold-for-Oil Initiative to Stabilize Cedi Read More
The FCCPC has directed MultiChoice Nigeria to keep subscription prices unchanged while investigating a proposed increase. A hearing is scheduled for March 6, 2025, to address concerns about potential market …
FCCPC Orders MultiChoice to Maintain Subscription Prices During Investigation Read More
Brazil’s recent admission of Nigeria as a BRICS partner presents opportunities for economic cooperation, aimed at addressing challenges such as currency instability and a weak manufacturing base. By reducing trade …
Strategic Opportunities for Nigeria through BRICS Partnership Read More
Qatar has been upgraded from an emerging market to a developed market by JP Morgan, alongside Kuwait. This reflects strong fiscal management and infrastructure development. In a recent bond issuance, …
Qatar’s Ascendancy: Reclassification in Changing Global Bond Markets Read More
The U.S. State Department has criticized Venezuela for operating vessels near ExxonMobil’s unit in Guyanese waters, labeling them as unacceptable. This follows reports of a Venezuelan vessel infringing upon territory …
U.S. State Department Condemns Venezuelan Activities in Guyanese Waters Read More