Business
Oil Giant Saudi Aramco Sees 2020 Profits Drop 44% to $49bn
Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy
US-Nigeria Investment Summit to Hold in New York
The US-Nigeria Investments Summit has announced it will hold a global trade and investment event for 2021 in September. The event will hold in New York, United States. The summit
Digital Economy will Drive Growth, Job Creation, Says Nigeria’s Central Bank Boss Emefiele
Central Bank of Nigeria Governor Godwin Emefiele on Saturday said the digital economy was crucial in the efforts by the federal government to drive growth over the next few years.
Eliminating intervention funds disruptions to stimulate growth
Amongst all factors of production, capital is the most critical, as well as the most difficult to come by, while under-capitalisation has been fingered as a major cause of underperformance
COVID-19 has opened new opportunities in digital economy in Africa — ECA
A new report launched by the Economic Commission for Africa (ECA) on the impact of COVID-19 on e-commerce in the continent, shows that the pandemic, bad as it is, has
AFI inaugurates LOC, Patrons to deepen service to humanity
L-R: Spiritual Director, Adorable Foundation International, Rev. Tochukwu Ukpaka; Ozzybosco’es mother, Mrs Nonye Mojekwu-Chukwujama inducted as a patron of the foundation; Patron Chief Chris Egwilo and Founder/President, Adorable Foundation Interational,
Paylink partners Google to train 15,000 MSMEs
By Moses Nosike To help Micro, Small and Medium Enterprises (MSMEs) recover from the impacts of COVID-19 and reposition them to take advantage of opportunities of a post-COVID future, Paylink,
Fintech Firm Kuda Just Raised $25m; CEO Babs Ogundeyi Speaks Exclusively to ARISE
Babs Ogundeyi, Co-founder and CEO of Kuda Technologies, spoke to the Global Business Report about the Fintech firm’s latest funding raise. He shared what the company plans to do
Former Nigeria VP Atiku Says $1.5bn for Rehabilitation of Port Harcourt Refinery Prohibitive
Former Vice President Atiku Abubakar has faulted the $1.5 billion vote by the federal government to rehabilitate the Port Harcourt Refinery, describing the cost as prohibitive and suspicious. According to
Rising Oil Prices May Derail Nigeria’s Economic Reforms, Report Says
The Financial Derivatives Company (FDC) has warned that the rising crude oil prices, which could go above $100 per barrel, may sway the federal government to jettison its economic reform
