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Finance & Markets

Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks

Oaktree Capital Management’s agreement to take over a life insurer owned by Advantage Capital Holdings has collapsed, leaving the companies to discuss alternatives after regulators raised alarms over the business’s potential exposure to defunct investment firm 777 Partners. Oaktree, which …

Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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PoS agents face uncertain future as Nigerians embrace mobile transfers

Nigeria's vast Point-of-Sale (PoS) agency banking network is facing growing pressure as consumers increasingly abandon cash withdrawals in favour of direct mobile transfers, raising concerns about the…

  • PoS agents face uncertainty as Nigerians shift to mobile transfers
  • Mobile money adoption surged to 2.3 billion accounts globally in 2025
  • PoS networks evolving into financial product distribution hubs

Shipping Crisis Forces Asian Crude Buyers to Use Smaller Tankers

Record-high freight costs are changing the behavior of Asian buyers who are increasingly using smaller tankers and ships under long-term charter deals to pick crude oil supply, refining and trading…

  • Asian crude buyers using smaller tankers due to record-high shipping costs
  • Freight charges surge to record highs from Iran conflict and Strait of Hormuz congestion
  • European refiners opting for nearby volumes to avoid high tanker rates

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