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Italy’s Highest Court Ends Key Appeal in Nigeria’s $1.3bn OPL 245 Oil Deal Case
Italy’s Supreme Court has delivered a ruling that effectively closes another legal chapter in the long-running controversy surrounding Nigeria’s $1.3 billion OPL 245 oil block…
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Dangote Refinery Plans $1 Billion Fundraising Drive to Support Expansion
The Dangote Petroleum Refinery is seeking to raise approximately $1 billion in fresh capital as part of efforts to strengthen its operations, support expansion initiatives, and enhance…
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Heirs Energies’ $750 Million Financing Deal Earns Global Recognition
Heirs Energies has secured international acclaim after its landmark $750 million financing arrangement was named Best Oil & Gas Deal of the Year at the EMEA Finance Project Finance…
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CBN Introduces New Foreign Exchange Rules, Raises Cash Declaration Threshold to $50,000
The Central Bank of Nigeria (CBN) has unveiled a revised foreign exchange framework aimed at improving transparency, market efficiency, and compliance within the country's forex market.…
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Top 10 Most Valuable National Teams Heading Into the 2026 FIFA World Cup
As the 2026 FIFA World Cup gets underway across the United States, Canada, and Mexico, the financial value of national team squads highlights the concentration of elite football talent…
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Africa Records Strongest Growth in Millionaire Population as Wealth Expands Across Key Markets
Africa witnessed a significant rise in the number of high-net-worth individuals in 2025, with new data showing the continent recorded its strongest annual growth in millionaire numbers…
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Nigerian Stock Market Rebounds as Investors Return to Equities
The Nigerian equities market ended the week on a positive note, recovering from recent losses as renewed investor demand pushed share prices higher across major sectors.
Market…
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EU Slaps Temu with €200 Million Fine Over Product Safety Violations
Chinese-owned e-commerce platform Temu has been fined €200 million ($232 million) by European Union regulators after an investigation found the company failed to adequately prevent the…
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Iran Moves to Restore Internet Access After Months of Restrictions
Iranian President Masoud Pezeshkian has directed authorities to restore international internet access across the country following months of heavy restrictions linked to regional…
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Nigerian Stock Market Declines as Investors Take Profit on Blue-Chip Shares
The Nigerian stock market closed lower after investors engaged in profit-taking across several major blue-chip and mid-cap stocks following weeks of sustained gains.
Market data from…
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