Nigeria’s fragile economy grinds to a halt as unions protest the worst cost of living crisis in 28 years.
The top labor unions in Nigeria went on strike on Monday, demanding a pay hike amid the greatest cost of living crisis in decades. Major
Tanzania eyes a $42 billion LNG deal and 8,000 MW of power to boost industrialization.
Finance Minister Khamis Mussa Omar said that Tanzania anticipates finalizing agreements on significant investment projects in the upcoming months, including a $42 billion LNG development
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Nigeria’s Central Bank to lose control over fiscal and economic policy while the Governor will spend a single term of 6 years.
A bill in the Senate indicates that Nigerian politicians are attempting to curtail the central bank’s authority over economic policy by suggesting the formation of
Saudi Aramco the world’s 6th most valuable company offers $11.9b shares for sale after the 2019 IPO.
Saudi Arabia said on Friday that it will sell a second tranche of billion-dollar shares in its state oil company, Aramco. This is the country’s
Google will invest $2b in Malaysia making it the 12th Country to host a data center and Cloud hub.
In the next major move by a major American IT company into South-east Asia, Google is to invest $2 billion in Malaysia, building its first
Goldman Sachs Alternatives to lend $20b to private equity-backed global businesses.
The alternative investments platform of Goldman Sachs Asset Management said on Wednesday that more than $20 billion had been raised for senior direct lending through
T-Mobile to acquire US Cellular wireless operations and 30% spectrum in a $4.4b cash and debt deal.
In a $4.4 billion agreement, T-Mobile is acquiring the wireless operations and some spectrum holdings of U.S. Cellular, further dominating the market. In addition to
Nigeria is emerging as a critical mineral hub, but corruption and banditry remain major obstacles.
The Nigerian government is stepping up its crackdown on illicit mining, having detained scores of unlicensed miners since April on suspicion of stealing lithium, a
Toyota, a Japanese automaker opts out of IOC’s largest sponsorship deal after the Paris games.
After this year’s Olympics in Paris, carmaker Toyota is expected to sever its enormous sponsorship agreement with the International Olympic Committee, according to Japanese sources.
Tesla set to approve a $56b pay package for Elon Musk to become the highest-paid CEO in corporate America.
If approved, the $56 billion compensation proposal for Tesla CEO Elon Musk would be the highest pay package for a CEO in corporate America, according
Investors scramble to inject capital to boost the $1.8 trillion UK pension market.
Industry insiders claim that asset management M&G and hedge fund Davidson Kempner are vying to be the first companies to provide funds to expand Britain’s
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