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Aiteo Commences Manufacturing at 50,000 BPD Nembe Oilfield After Disclosure
Nigerian energy firm Aiteo has successfully resumed production at its Nembe oilfield, which has a capacity of nearly 50,000 barrels per day (bpd), following...
Nigeria’s GDP-to-Debt Ratio Expected to Reach a 25 Year High
Nigeria's public debt has accumulated further, with the debt-to-GDP ratio nearly reaching a 25-year high, prompting worries about the sustainability of the nation's finances...
Ghana Secures Debt Restructuring Pact With its $13 Billion Eurobond Holders
Ghana and its bondholders have achieved a preliminary agreement to restructure Ghana's $13 billion Eurobonds.
In addition to having their bonds' maturity extended, bondholders may...
Nigeria SEC Announces New initiative to Expedite VASP Registration
A new initiative has been introduced by the Nigerian Securities and Exchange Commission (SEC) in a memo dated June 21 to expedite the Virtual...
Nigeria’s Naira Sees Unusual Quiet in Months as CBN Reform Tames Illegal Market
This month, the naira has only moved between 1,473 and 1485 per dollar, based on FMDQ data that Bloomberg gathered. As a result, its...
