The Nigerian downstream petroleum sector is navigating one of its most challenging eras in recent history, marked by persistent underperformance and dwindling investor confidence that continue to cast a shadow over its potential. Indeed, consistent low margins have disrupted the market, forcing many to either shutdown or scale down operations in a bid to reduce losses. But to … [Read more...] about Competition key to unlocking growth in downstream
Forex News
Rupee cost averaging for NRIs
India's investment landscape appeals to domestic and NRI investors alike, but it doesn't come without its own set of challenges. Investors need to brace for market swings, currency fluctuations and global economic shifts. Investor sentiment has taken a hit during the recent phase of correction in the Indian market. As a result, many of them try to time the market. But it is … [Read more...] about Rupee cost averaging for NRIs
Ghana prohibits foreigners from trading gold in the country starting May 1
ACCRA, Ghana (AP) -- A newly created regulatory body for gold exports from Ghana announced Monday that foreigners would no longer be allowed to buy or trade artisanaly mined gold in the country, Africa's biggest gold producer. Starting May 1, gold must be bought with licenses from the new Ghana Gold Board, also known as GoldBod, according to a statement from the new body. … [Read more...] about Ghana prohibits foreigners from trading gold in the country starting May 1
The Trump family is going all-in on crypto projects, from bitcoin mining to stablecoins
By Teresa Xie and Olga Kharif, Bloomberg News The Tribune Content Agency President Donald Trump and his family have taken a interest in just about every corner of the crypto industry. There are nonfungible tokens and digital collectibles; a decentralized finance project; a proposed stablecoin; an effort at Bitcoin mining; and a pair of memecoins, one for the president and one … [Read more...] about The Trump family is going all-in on crypto projects, from bitcoin mining to stablecoins
Argentina tears down currency controls as IMF deal nears
By Maximilian Heath and Anthony Esposito BUENOS AIRES (Reuters) -Argentina is dismantling key parts of its years-long currency controls and loosening its grip on the peso, the central bank said on Friday, a major policy move for the South American nation ahead of a $20 billion IMF deal being finalized. The central bank announced that it will undo a fixed currency peg from … [Read more...] about Argentina tears down currency controls as IMF deal nears
