Amazon Doubles Earnings, But Are Investors Impressed
Amazon.com Inc. (NASDAQ: AMZN) released fourth-quarter financial results after markets closed Tuesday. The e-commerce empire said that it had $14.09 in earnings per share (EPS)...
Category : BUSINESS
Nigerian subsidiary of Shell, to Pay Compensation Over the 2008 Oil Spills in Oruma, Bayelsa, Goi in Rivers and Ikot Ada Udo, in Akwa Ibom
In 2011, the United Nations Environment Programme proposed the creation of a $1bn fund to repair the damage done by decades of oil spills in...
Subsea 7 Picks Up CABGOC Contract Offshore Angola
Cabinda Gulf Oil Company Limited (CABGOC) – Chevron’s wholly owned subsidiary in Angola – has awarded Subsea 7 a substantial contract for the Sanha Lean...
Best Stocks to Buy for 2021 ” Many of the best stocks to buy for 2021 are heavily tied to economic recovery prospects as the world fights back against COVID-19.”
This coronavirus has upended virtually every aspect of life, in turn triggering a bizarre domino effect across corporate America. Many businesses were shut down for...
Mastercard Drive for Economic Development in Africa
The ultimate resource in economic development is people. This is because it is people that have the ability to develop any economy. Mastercard recently acquired...
Nigeria and the European Union reached €25.3bn
African superpower Nigeria has signed an agreement which aims to increase trade between African countries. This leaves Eritrea as the only African country not to...
Tanzanians Slam SFO’s Plea Bargain on Africa Corruption Case
The London-based ICBC Standard Bank is under threat of another investigation Corbis The Serious Fraud Office has been asked to reopen its controversial “plea deal”...
World-class zinc operation in the heart of the Northern Cape
Vedanta Zinc International (VZI) is a grouping of zinc assets located in South Africa and Namibia, owned by the sixth-largest diversified resources company in the...
Without Cutting Corrupt Ties, NNPC’s Reforms Remain Superficial
An international analyst, Matthew Page has stated that following the recent restructuring of the Nigerian National Petroleum Corporation (NNPC), the minister of petroleum and minister of...
ECOWAS Common External Tariffs Will Not Be Suspended
The Ghana Revenue Authority (GRA) has ruled out any plans to suspend the implementation of the ECOWAS Common External Tariffs (CET). Chief Revenue Officer of...
$166-million UN-backed Humanitarian Appeal Barely 1 Per Cent Funded
Libya: $166-million UN-backed humanitarian appeal barely 1 per cent funded Humanitarian food assistance at the Zintan main food warehouse in the Nafusa Mountains, Libya. Photo:...
US Power Firm Signs Deal With Local Company To Grow Its Market share
Mr Thomas Konditi, President and CEO of General Electric’s Transportation. General Electric has signed an agreement with Simba Corporation as the authorised distributor for its...
Creation of U.S.-Algeria Joint Venture
Agriculture: Creation of U.S.-Algeria Joint Venture A Memorandum of Understanding on the creation of the first Algeria-U.S. agriculture joint venture was signed Sunday in Algiers...
Second African SMEs Summit Opens in Accra
The second African Small and Medium Scale Enterprises (SMEs) summit has opened in Accra, with a call on entrepreneurs to develop attitudinal change, sense of...
Western Union Boss ‘Happy’ With Kenya Performance Despite Fierce Competition
Western Union regional boss Richard Malcolm at a past event. PHOTO | SALATON NJAU | NATION MEDIA GROUP. In Summary Mr Malcolm said Western Union...
UAE’s Etisalat Group Among Top 100 Employers in Europe, Middle East, Africa
Etisalat Group, the leading Telecommunications Operator in Middle East, Africa and Asia, has been ranked thirtieth amongst LinkedIn’s ‘EMEA’s 2015 Top 100 Most InDemand Employers’,...
IOC Wins Oil Block in Africa
State-owned Indian Oil Corporation (IOC) has partnered Delonex Energy, a new Africa-focused oil and gas explorer led by former Cairn India chief Rahul Dhir, to...
Middle East and Africa Proppants Market – Segmented By Material Type and Geography – Growth, Trends and Forecasts (2015-2019)
he Middle East and Africa proppants market is expected to see healthy rise due to the presence of immense shale gas reserves in Algeria, South...
Mega Beer Merger Bets On The Rise of African Drinkers
Print Share: Workers pour brewing ingredients in a copper kettle at the Nile Brewery Company, east of Uganda’s capital Kampala. In the slums of Kampala,...
Local ICT Developers Should Take Full Advantage of Transform Africa Summit
As was to be expected, the second Transform Africa Summit kicked off with fanfare as thousands converged at Camp Kigali, the venue, yesterday. The more...