Abuja — Nigeria’s central bank still lacks the foreign exchange to clear the backlog of demand, and the country’s high…
Browsing: Fitch
Johannesburg — Credit rating agency Fitch affirmed South Africa’s “BB-” credit rating with a “stable” outlook on Monday, despite record…
News wire — Ratings agency Fitch revised Saudi Arabia’s outlook on Thursday to stable from negative, citing significantly higher oil…
Dubai — Oil giant Aramco, whose dividend remains vital to helping Saudi Arabia contain a huge deficit, may have to…
*Gross operating income for the period stood at USD144.7 million while net profit reached USD54.8 million DAMMAM, Kingdom of Saudi…
*Explore other sources of revenue – Okonjo-Iweala *Privatise refineries, sell unviable govt oil assets – NNRC *Nigeria must avoid…
New York — The twice-a-year evaluation of energy borrowers’ reserve-based loans has taken on more significance than ever as banks…
London — The world’s top rating agencies said on Tuesday that the sharp drop in oil prices, if sustained, could…
Mexico will reduce the tax burden of heavily indebted Pemex by some $7 billion over the next two years and inject government capital
Mexico City — Mexico’s oil regulator announced on Thursday the cancellation of October auctions to pick joint-venture partners in seven…