Nigeria’s Debt Service Payments Significantly Decrease Amid Fiscal Reforms
Nigeria's debt service payments fell from $540 million in January to $276 million in February 2025, reflecting efforts to restructure...
Business
US and El Salvador Forge $6 Million Agreement for Gang Member Detainment
El Salvador has accepted 238 Venezuelan gang members under a controversial $6 million agreement with the U.S. for their incarceration....
Morocco’s Tax Authority Urges Timely Declaration of Unpaid Invoices
The DGI of Morocco urges businesses to declare unpaid invoices by April 1, 2024, affecting those with turnovers from MAD...
Brazil Advocates Bitcoin Salaries as South Korea Rejects It for Reserves
Brazil is advancing legislation to allow salary payments in Bitcoin, aiming to invigorate its financial technology sector, while South Korea...
Nigeria’s Inflation Rises to 23.1% in February 2025
Nigeria's inflation surged to 23.1% in February 2025, driven by rising transport costs and consumer spending. Food inflation also rose...
Nigeria’s Inflation Rate Declines in February Amid Economic Challenges
Nigeria's inflation rate dropped to 23.18% in February 2025, the first decline of the year, due to lower petrol prices...
Guyana’s $200,000 Cash Grant: Benefits and Long-term Challenges
President Irfaan Ali has introduced a $200,000 cash grant for every household in Guyana amid significant economic growth from the...
Brazilian Real Strengthens to Highs of November 2024
In March 2024, the Brazilian real rose above 5.7 per USD, marking its highest level since November 2024. This increase...
Moody’s Predicts Losses for Ethiopia’s Private Creditors Amid Debt Restructuring
Moody’s Rating has completed its review of Ethiopia, indicating potential losses for private creditors due to ongoing debt restructuring under...
Coffee Prices Rise Amid Drought in Brazil and Strong Brazilian Real
Coffee prices are rising due to dry conditions in Brazil and a strong real, with forecasts predicting a moderate increase...
