Saudi Arabia’s majority-owned state-owned firm, Saudi Aramco, is paying shareholders $75 billion in dividend, an amount twice the size of Nigeria’s 2021 budget, indicating how a well-run oil company can provide a lifeline to an economy. This is even remarkable considering that the company’s profit fell by 44 percent in 2020 following the COVID-19 pandemic as reported.
Extracted from Business day
Going by the data from the National Bureau of Statistics Nigeria’s inflation rate for the month of May stands at...
Fuel scarcity worsens in Lagos state as more filling stations shut their pumps to motorists and other customers. This persisting...
American e-commerce giant, Amazon, is set to disrupt the Nigerian e-commerce market as it plans to launch in the country...
Fuel scarcity is building up in Lagos as many motorists find it increasingly difficult to buy fuel. We have...
We bring you the most accurate in new and market data. Check our landing page for details.
