Saudi Arabia BRICS Membership: Balancing Benefits and Risks By Zekeri Idakwo In January 2024, the Kingdom of Saudi Arabia officially announced its membership of BRICS, an international economic bloc that includes Brazil, Russia, India, China and South Africa. The BRICs intergovernmental organisation was founded in 2009 by...

Saudi Arabia BRICS Membership: Balancing Benefits and Risks By Zekeri Idakwo In January 2024, the Kingdom of Saudi Arabia officially announced its membership of BRICS, an international economic bloc that includes Brazil, Russia, India, China and South Africa. The BRICs intergovernmental organisation was founded in 2009 by...

If Oil Disappeared Tomorrow…. By Haitham Al Ghais, OPEC Secretary General If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded....

If Oil Disappeared Tomorrow…. By Haitham Al Ghais, OPEC Secretary General If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded....

Forex: CBN Restates Position on Bank Usage of Revaluation Gains The Central Bank of Nigeria (CBN) has recently restated its position on how banks are allowed to utilize their forex (FX) revaluation gains referencing a previous circular dated September 11, 2023. The bank stated that FX...

Forex: CBN Restates Position on Bank Usage of Revaluation Gains The Central Bank of Nigeria (CBN) has recently restated its position on how banks are allowed to utilize their forex (FX) revaluation gains referencing a previous circular dated September 11, 2023. The bank stated that FX...