Investment

GHL Accuses First Bank of Breaching Financing Agreements Amid Legal Dispute

GHL Accuses First Bank of Breaching Financing Agreements Amid Legal Dispute

General Hydrocarbons Limited (GHL) has accused First Bank of Nigeria (FBN) of breaching key financing agreements and causing significant financial… Read More

7 months ago

Investor’s Sentiment Soars as CBN Records 283.42% Oversubscription for 364-Day Treasury Bills

The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), recorded a staggering 283.42% oversubscription… Read More

7 months ago

Senate Increases Minimum Capital Base For Insurance Companies to N45Billion

The Nigerian Senate has passed the Insurance Reform Bill 2024, which raises the minimum capital base for insurance companies operating… Read More

8 months ago

Tanzania to Honor Agreement With Adani Group Despite Gautam Andani’s US Sanctions

Tanzania has said it intends to honor its contracts with the Adani Group despite the US sanctions placed on its… Read More

8 months ago

Afreximbank Signs Oil Investment Deals at African Energy Week 2024

Afreximbank, the African Export-Import Bank, solidified its commitment to supporting energy development across the continent and beyond at the African… Read More

9 months ago

Saudi Vision 2030: Wealth Fund Fuels Energy Transition

At the 2024 Future Investment Initiative (FII) in Riyadh, Saudi Arabia’s Public Investment Fund (PIF) emphasized its domestic investment strategy,… Read More

9 months ago

UK Increases Windfall Tax on North Sea Oil and Gas Producers to 38%

The UK government has announced an increase in the windfall tax on North Sea oil and gas producers, raising it… Read More

9 months ago

Nigeria’s Economic Reforms Have Failed to Win Investor Confidence

A recent report by Standard Bank, the 'Africa Trade Barometer' revealed that investor confidence in Nigeria has weakened in the… Read More

9 months ago

Nigeria Joins BRICS as Partner Nation Following $1.27 Billion Foreign Capital Surge in 2024

Nigeria has officially joined the BRICS bloc as a partner nation, solidifying its economic relationship with the alliance. The announcement… Read More

9 months ago

Nigeria Introduces New Fiscal Incentives to Attract Deepwater Oil and Gas Investments

In an attempt to revitalize Nigeria's energy sector, the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale… Read More

10 months ago