Why US Acquired Scottish Technology Firm

The main reason why the Scottish technology firm, Petrotechnics, is currently under US ownership following its sale by shareholders including Chief Executive Phil Murray and...

Russia Strikes Deal With Saudi

Russia’s Direct Investment Fund (RDIF) is hammering out a deal to supply pumping equipment to Saudi Aramco, CEO Kirill Dmitriev told Russian media outlets. In...

3 Years After, China Industrial Profits Nose-dive

The profits of Chinese industrial companies dropped for the first time in almost three years, highlighting the effects of slowing economic growth, falling prices,...

IMF To Inject $7.6bn Into Argentine Economy Under SBA

An International Monetary Fund (IMF) mission led by Roberto Cardarelli has said that, subject to the completion of review of Argentina’s IMF supported programme...

Congo’s Non-Oil Sector Remains in Deep Recession

Economic activity in the Democratic Republic of the Congo is said to be stabilizing even though growth in its oil sector is strong, the...

Emerging Hydrogen Energy World – Implications for Crude Oil Exporting Countries

Hydrogen has long been used across several industries, including the process for converting heavy petroleum extracts into lighter, exploitable forms of fuel. But the...

Business Lessons from Nigeria’s Aliko Dangote

People dream of a life of ultimate success; great wealth and true happiness but only a few attain it. While many may argue that true...

Why It Took CBN Over 8 Years to Uncover Repatriation of $8.134bn by MTN...

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has given reasons why it took the apex financial industry regulator almost nine...

Malawi Gets $30.9million Boost For Economy Reforms

Following the completion of the first review of Malawi’s performance under its programme supported by a three-year arrangement under the Extended Credit Facility (ECF)...

Nigeria’s Inflation Declines to 11.26%

Inflation rate in Nigeria dropped to 11.26 percent in the month of October 2018 after rising consecutively in August and September. According to data released...

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