The government's external debt burden is rising at a pace far outstripping revenue growth, pushing the debt-to-revenue ratio dangerously close to the IMF's 18% threshold by the end of fiscal 2023-24, ...

Two former company executives with inside knowledge of Barrick Gold's operations in West Africa are helping to drive Mali's ...

Fitch Ratings - London: Fitch Ratings has affirmed Saudi Arabia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. A full list of rating actions is at the end of ...

The FMCG major benefitted from price hikes in its domestic business but faced margin pressures due to rising input costs.

Results: Homegrown FMCG major Marico Ltd on Friday reported an increase of 5.18 per cent in consolidated net profit to Rs 406 ...

The high cost of petrol in oil-producing countries is the result of a combination of market forces, policies, and economic ...

The Nigerian currency appreciated 1.64% to close at N1,485.95 per dollar, the highest in January. Currency dealers quoted the ...

Representing an N20 increase within a day, the Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1. The naira closed at N1,630/$1 on Thursday.

The global currency markets are preparing for potential fluctuations as the deadline for U.S. tariff hikes on Canada and Mexico approaches. The Canadian dollar is particularly anticipated to be ...

Trump maintains a hard line: starting February 1, 25% duties on Canada and Mexico will be imposed, with maximum tariffs on the BRICS if they abandon the dollar for international trade. Meanwhile, Goog ...

Fourth-quarter highlights Orders of $7.5 billion, including $3.8 billion of IET orders.RPO of $33.1 billion, including IET RPO of $30.1 billion.Revenue of $7.4 billion, up 8% year-over-year.GAAP dilut ...

President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by ...