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New rules may help consolidate Nigeria's banks

Location:

NIGERIA

The new regulations respond in part to the naira’s recent devaluation and depreciation, which have substantially shrunk domestic banking capital in dollar terms. It is the first…

Rising Russian investment will cause structural change

Location:

RUSSIA

The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…

Sudan's civil war will grind on

Location:

SUDAN

Thousands of combatants and civilians have been killed, over 8 million people (around one-fifth of the population) have been displaced and 18 million face severe acute food…

Colombian capital braces for long-term water rationing

Location:

COLOMBIA

The capital obtains almost all of its water from rainfall, rather than from subterranean aquifers. Concerns are mounting over water security as increasing temperatures and longer…

Milei risks rapid loss of Argentina political capital

Location:

ARGENTINA

President Javier Milei, who denounced the bill’s opponents as ‘traitors’, has said he will not bring it back to debate, at least for now. With his December emergency decree also…

Central US treasury clearing marks substantial change

Location:

UNITED STATES

One change will be that FICC members -- typically big banks and broker-dealers -- must settle their clients' treasuries trades through the clearing house. This is critical to the…

Central bank moves may check Nigeria's currency fall

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NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Saudi Aramco will seek to manage rapid industry change

Location:

SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

New Kazakh premier will struggle to attract more FDI

Location:

KAZAKHSTAN

Tokayev has also criticised regional officials for relying excessively on budgetary funding and not doing enough to attract private capital. However, structural economic and…

Ethiopia’s Amhara conflict may be protracted

Location:

ETHIOPIA

Following an extension of the state of emergency in February, new army offensives, including around the regional capital, Bahir Dar, have intensified the conflict. Reports of…