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Category: Finance

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Finance News

Eni Sells 49.99% Stake in CCUS Business to GIP

2 months agoMason Miller

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...

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cryptocurrency legislation
Finance News

US Congress Targets Crypto and Banking Rules This Fall

2 months agoNoah Mark

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...

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Nigerian banking sector
Finance News

Naira Depreciation Slows Nigeria Bank Credit Growth

2 months agoMason Miller

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...

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Oman banking sector
Finance News

Oman Banks Boost Credit by 8.4% in 2025

2 months agoHenry Wilson

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...

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Roger Sosa banking executive
News Finance

Roger Sosa Boosts Banking Tech at Davivienda

2 months agoFreya Jones

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...

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smartphone finance global
Finance News

Smartphone Growth Drives Digital Finance Boom Worldwide

2 months agoOlivia Smith

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...

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empty business park
Finance News

Bridgend Business Park Empty After £10M Funding Boost

2 months agoFreya Jones

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...

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banking proposal
Finance News

Vietnam Proposes Major Hike in Lending Limits

2 months agoFreya Jones

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...

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GIFT City finance district Gujarat
Finance News

Central Bank of India Secures RBI Nod to Launch IFSC Banking Unit in GIFT City

2 months agoNoah Mark

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...

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Nigerian naira banknotes currency
Finance News

Soaring Cash Demand Pushes Nigerian Banks Toward Liquidity Limits

2 months agoHenry Wilson

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...

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