Ghana’s eurobond holders are being urged to accept significant reductions in their payments to align with the terms agreed upon by bilateral creditors, according to social...
Saudi Aramco is poised to raise at least $11.2 billion through a significant stock offering, the largest global deal of its kind in three years. This...
Egypt has secured a preliminary agreement with the International Monetary Fund (IMF) that should help unlock the next disbursement of the North African nation’s $8 billion...
South Africa’s economy is grappling with a new wave of uncertainty as the nation faces political turmoil following its recent elections. The country’s gross domestic product...
Nvidia has surpassed Apple in market capitalization as its dominance in the artificial intelligence (AI) sector continued to fuel interest in the company. On Wednesday, Nvidia’s...
The price of liquefied petroleum gas (LPG), commonly known as cooking gas, has experienced a remarkable drop in Nigeria. This reduction comes as a direct consequence...
Despite ongoing complaints about inadequate electricity supply from consumers and mounting concerns over outstanding debts owed to power generation companies, Nigeria’s power distribution companies (Discos) have...
The ambitious plans for constructing modular refineries across Nigeria, aimed at bolstering domestic refining capabilities, are encountering significant roadblocks due to apprehensions surrounding crude oil supply...
The Nigerian government announced plans to borrow an additional N7.24 trillion in 2024 to finance an ambitious intervention plan aimed at reviving the nation’s economy. This...
Oil prices experienced an upward trend on Thursday, driven by growing expectations that the U.S. Federal Reserve might cut interest rates in September. This optimism, however,...