Nigeria’s Dramatic Rise in Debt Servicing to World Bank and IMF in 2024
Nigeria's debt servicing to the World Bank and IMF reached $2.32 billion in 2024, up from $998.92 million in 2023....
Business
Argentina’s Troubled Relationship with the IMF: A Historical Overview
Argentina's history with the IMF is marked by multiple loans totaling $177 billion, including a new $20 billion program aimed...
U.S. Tariff Reprieve Provides Nigeria Economic Breathing Room Amid Trade Tensions
Nigeria enjoys a temporary 10% tariff reprieve from the U.S., excluding oil exports. This decision comes amidst escalating U.S.-China trade...
Argentina Dismantles Currency Controls Ahead of IMF Agreement Finalization
Argentina is abolishing key currency controls and adjusting the peso's value as it finalizes a $20 billion IMF deal. The...
Nampak Zimbabwe Partners with TSL Amid Economic Challenges
Nampak is selling a 51.43% stake in Nampak Zimbabwe to TSL for $25 million amid difficult economic conditions. The sale...
Crypto Taxation in Nigeria: A Complete Guide
This article provides a comprehensive overview of cryptocurrency taxation in Nigeria, detailing the regulatory framework, types of taxes (including Capital...
Michael Jordan’s Race Team Pursues F1 Financial Data in NASCAR Lawsuit
23XI Racing, co-owned by Michael Jordan, seeks financial data from Formula One for its antitrust lawsuit against NASCAR. The team...
Argentina Prepares for Strike Amid Economic Turmoil and IMF Loan Anticipation
Argentina is set for a 24-hour general strike in response to anti-austerity protests as it awaits an IMF loan. President...
RMB Promotes Investment Opportunities in Nigeria Through High-Level Roadshows
Rand Merchant Bank (RMB) conducted investor roadshows in Abuja, Nigeria, engaging institutional investors and government officials. The discussions focused on...
Market Turbulence: Mexican and Argentine Stocks Collapse Amid U.S. Tariffs
Mexican stocks fell 4.87% amid global market panic over trade war fears. Argentina's stocks dropped over 7% following Trump's import...
