US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil about buyin
CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with
Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea
Finance State Minister Amos Lugoloobi has finally walked free after the Directorate of Public Prosecutions (DPP) dropped all charges against him in the famous Karamoja iron sheets scandal, a case that once shook the government and angered millions of Ugandans.The DPP’s decision comes at
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
Members of the Bolivarian National Militia attend a military drill, amid rising tensions with the United States, in Naguanagua, Venezuela in October.Venezuela says it is launching a “massive mobilization” of military personnel, weapons and equipment in response to the build-up of US wa
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrels of crude oilThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its intention to commence th
Since Russia’s invasion of Ukraine in 2022, a growing number of Eastern Europeans - particularly Poles - have been buying homes on the Spanish mainland and the Balearic Islands, according to new property data. Figures from Spain’s College of Registrars show that Poles are increasingly favouri
Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased inflows into
Longtime BBS Terefayina presenter Florence Nampijja is rumored to be leaving the station after close to a decade of service.The news was first shared by media personality Kasuku, who posted a screenshot of a message allegedly sent by Nampijja to her colle
