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February 8, 2024
The Royal Ocean Racing Club is all set for the 15th edition of the RORC Caribbean 600, organized in association with the Antigua Yacht Club. Over 60 teams
January 20, 2024
Credit rating agency Fitch has said that the Central Bank of Nigeria (CBN) still lacks the foreign exchange to clear the backlog of demand. It noted that the
January 20, 2024
Credit rating agency Fitch has said that the Central Bank of Nigeria (CBN) still lacks the foreign exchange to clear the backlog of demand. It noted that the
January 19, 2024
Credit rating agency Fitch has said that the Central Bank of Nigeria (CBN) still lacks the foreign exchange to clear the backlog of demand. It noted that the country's high-interest payment to revenue ratio weighs on its sovereign credit rating. Gaimin Nonyane, director of Middle East and Africa sovereigns with Fitch, in a webinar on Thursday, said foreign exchange shortages in Nigeria would keep pressure on the naira, where there is currently a 30% gap between the official and parallel rat...
July 17, 2023
The recent abolition of segmentation in the foreign exchange (FX) market and collapsing of all rates into the Investors and Exporters (I&E) window has
July 5, 2023
Rating agency, Fitch is warning Ghana of the rising interest cost on domestic debt despite se­curing an International Mone­tary Fund...
May 12, 2023
International, MNA | The rating agency Fitch Ratings said on Thursday that the Angolan government's ability to maintain its reforms in a context of falling oi
October 6, 2022
Flushed with cash from a post-pandemic oil boom, Gulf states face once again a choice: lifting up their citizenries’ short-term contentment or fiscal restructuring and investing in long-term productive assets.
September 1, 2022
The Omani economy is benefiting from both higher oil and gas revenues and the country’s fiscal policies and discipline.