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NEC Commends Nigeria Sovereign Investment Authority’s Performance at Annual Governing Council Meeting

*Receives briefing on crude oil production & security    *Council sub-committee to consider Governors’ concerns over ownership of new NNPC Ltd August 18, 2022/OVP The National Economic Council (NEC) has endorsed a report on the 2021 financial performance of the Nigeria Sovereign Investment Authority (NSIA), commending the board and management […]

Fed Provides Additional Information for Banking Organizations Engaging or Seeking to Engage

August 16, 2022/US Federal Reserve The Federal Reserve Board on Tuesday provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities. The emerging crypto-asset sector presents potential opportunities to banking organizations, their customers, and the overall financial system; however, crypto-asset-related activities may also pose risks related […]

Disappointing Chinese Demand Takes Toll On Oil Prices

August 1, 2022/OilPrice.com Chart of the Week – Investor confidence in the German economy has plummeted to the lowest level in at least decade, with market gloom surpassing the impact of COVID-19 as German households face another challenge, a $300 annual gas levy destined to help gas retailers stay afloat. […]