Italy’s energy giant Eni has agreed to sell a 49.99% stake in its carbon capture, utilization, and storage business to Global Infrastructure Partners, part of BlackRock. The deal, announced on...
Category: Finance
US Congress Targets Crypto and Banking Rules This Fall
US lawmakers are gearing up for a busy fall session starting in September 2025, focusing on key bills that could reshape cryptocurrency and banking rules. With the GENIUS Act already...
Naira Depreciation Slows Nigeria Bank Credit Growth
Nigeria’s banking sector faces challenges as naira depreciation reduces the value of foreign-denominated assets, leading to slower credit growth to the private sector. Analysts report that this trend, combined with...
Oman Banks Boost Credit by 8.4% in 2025
Oman’s banking sector showed strong growth in the first half of 2025, with total credit climbing 8.4 percent year-over-year to 34.1 billion Omani rials. This rise, reported by the Central...
Roger Sosa Boosts Banking Tech at Davivienda
Roger Sosa, chief operations and technology officer at Banco Davivienda International, continues to push tech boundaries in banking as of August 2025. From his early days installing a single PC...
Smartphone Growth Drives Digital Finance Boom Worldwide
Smartphone adoption is skyrocketing, powering a massive surge in digital finance services around the world. Recent data from global reports show how mobile devices are making banking easier and more...
Bridgend Business Park Empty After £10M Funding Boost
A sprawling business park in Bridgend, Wales, designed to spark economic growth and create thousands of jobs, stands completely unused nearly four years after its completion. Despite a hefty £10...
Vietnam Proposes Major Hike in Lending Limits
Vietnam’s banking sector is pushing for a significant change as the Vietnam Banking Association submits a proposal to the State Bank of Vietnam to raise consumer lending limits for finance...
Central Bank of India Secures RBI Nod to Launch IFSC Banking Unit in GIFT City
Central Bank of India has cleared a key hurdle to grow its international banking footprint after receiving Reserve Bank of India’s approval to establish an IFSC Banking Unit (IBU) at...
Soaring Cash Demand Pushes Nigerian Banks Toward Liquidity Limits
Commercial banks in Nigeria are facing mounting pressure as a surge in cash demand from government entities, businesses, and consumers tightens liquidity, raising fears of financial strain and tighter credit...