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Turchia
Cavusoglu threatens to pull out of EU agreement on immigration
Turkey’s Minister of Foreign Affairs Melvut Cavusoglu argued that his country...
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USA Nigeria
Nigeria’s oil faces threat as Saudi Arabia cut prices
‘Femi Asu Saudi Arabia, the world’s largest crude oil exporter, has cut all official selling prices for its crude sales to Asian and the United States clients in August, signalling mounting competition for Nigeria and others. The country’s state-owned oil company, Saudi Aramco, lowered the pricing terms for Arab Light ...
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Nigeria
Naira to weaken further on dollar shortage
Oyetunji Abioye The naira is expected to continue to weaken this week on limited dollar supply as foreign portfolio investors stay on the sidelines until the Nigeria economy shows signs of recovering from the impact of currency controls, foreign exchange traders have said. The naira had hit an all-time low ...
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Nigeria
CBN begins enforcement of dollar sales to BDCs
To increase the volume of dollar in the market and stabilise the naira, the Central Bank of Nigeria (CBN) may compel banks to sell foreign currency proceeds of international money transfers to Bureaux De Change (BDCs). The CBN is likely to begin the enforcement of its directive to that effect ...
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Nigeria
NAICOM goes tough on corporate governance defaulters
The enforcement of the Code of Corporate Governance in the insurance industry by the National Insurance Commission (NAICOM) has forced a major shake-up in the boardrooms of many insurance companies. Already, many chief executives and non-executive directors, who failed to comply with the regulator’s directive to quit after nine years ...
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Thailandia
SET up 9.10 points at opening
Thai stocks opened up 0.60% at the start of trade this morning.
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Thailandia
SawasdeeShop offers cloud phone service
SawasdeeShop Co, a Bangkok-based international voice service provider, has kicked off Thailand's first cloud-based telephony service to capitalise on demand from small- and medium-sized enterprises (SMEs) and startups.
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Thailandia Regno Unito
New Thai-UK body to hold first meeting
The Thai-UK Business Leadership Council, formed in mid-July with the aim of fostering trade and investment between the two countries, will hold its first meeting in October.
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Turchia
Turkey’s shift of axis
In the wake of the July 15 coup attempt, Turkey’s relations with its Western partners have taken a nosedive, while the acceleration of efforts at Turkish-Russian normalization has triggered a debate about a possible shift in Turkish foreign policy
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Turchia
Turkey’s functioning market economy passes democracy test
The Turkish economy showed signs of normalcy in the immediate aftermath of an external shock like the July 15 coup attempt, proving that Turks have internalized a functioning market economy, says Professor Güven Sak. Economic realities will force Turkey to be democratic, according to Sak