-
Naira Breaks Free From Oil Dependence As Bold Reforms Restore Investor Confidence
09 Jul 2025 12:31 GMT
In a remarkable turn that signals a new era for Nigeria’s economic direction, the Naira is steadily decoupling from its historical dependency on global oil prices — a development that reflects the strength of recent structural reforms and the rising …
-
The Lobito Corridor can be a hub of opportunities
10 Jul 2025 03:10 GMT
… its economy by lowering its oil dependence. One project in the pipeline …
-
Nigeria’s 2025 tax laws: New fiscal dawn or another paper reform? – Part 2
10 Jul 2025 04:31 GMT
… opportunity to wean Nigeria off oil dependence. An opportunity to restore the …
-
Oil dependence limits Iran’s partnerships with Russia, China: experts
03 Jul 2025 14:28 GMT
The Israel-Iran conflict revealed the limits of Tehran’s global partnerships in part because Moscow and Beijing have other interests in the Middle East and both can benefit from oil price changes, experts said during events held June 30 and July 1.
China …
-
Israel-Iran conflict exposes Asia's oil dependence, slow pace of clean energy transition
27 Jun 2025 06:30 GMT
The war between Israel and Iran has underscored Asia's heavy reliance on oil and gas from the Middle East and its sluggish progress in transitioning to renewable energy — vulnerabilities made worse by the region's dependence on shipments passing …
-
Middle East crisis: Why is India’s oil dependence a risk again? And what Vedanta’s Agarwal thinks should change
25 Jun 2025 06:20 GMT
Amid escalating geopolitical tensions in the Middle East and rising global oil prices, Vedanta Group Chairman Anil Agarwal has called on India to accelerate domestic oil and gas production to secure its long-term energy needs.
In a post on X (formerly, …
-
Exploring Qatar’s shift from oil dependence to tourism
24 Jun 2025 14:53 GMT
-
Oman becomes first Gulf state to launch income tax in bid to reduce oil dependence
23 Jun 2025 11:25 GMT
Oman will impose income tax starting 2028, becoming the first Gulf state to do so. The new 5% tax applies only to annual incomes of 42,000 rials ($109,000) and above, affecting roughly the top 1% of earners, Bloomberg quoted the state-run Omani News Agency …
-
ICPC boss wants discrepancies in remuneration of public servants abolished
09 Jul 2025 14:44 GMT
… the country’s economy from oil dependence to multiple sources. (NAN)(www …
-
UAE boosts neighbourhood influence with record north Africa FDI
09 Jul 2025 12:39 GMT
… assets and move away from oil dependence.
Major Emirati green energy projects …