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
The Lagos State Government has unveiled a comprehensive set of cybersecurity guidelines aimed at protecting businesses, public institutions, and residents...
Nigerian airlines have issued a dramatic ultimatum, warning that they may suspend all domestic and international flight operations nationwide from...
As Nigeria’s digital finance sector experiences explosive growth, the Central Bank of Nigeria (CBN) is stepping up its regulatory efforts...
The Nigerian equities market sustained its upward momentum last week, with investors recording gains of N1.359 trillion as strong institutional...
