Economy

By Enyichukwu Enemanna Telecoms giant Vodafone on Tuesday said it is rolling out a policy to cut at least 11,000 jobs in a bid to streamline operations and improve profitability. This is part of moves by...

By Enyichukwu Enemanna The Central Bank of Argentina has announced an increase in its key interest rate by six percentage points, bringing it to 97 per cent in an effort to fight the galloping inflation that...

The National Bureau of Statistics (NBS) On Monday, announced that Nigeria's annual inflation rate climbed to 22.22% in April, up from 22.04% the previous month. The continuous surge in food prices has been a key contributor...

By Enyichukwu Enemanna European Union regulators have okayed Microsoft's $69 billion acquisition of the popular cloud gaming platform, Activision Blizzard. This comes at a time when the deal is being challenged in other countries. The European...

Oil production figures in Nigeria experienced a significant decline in April, dropping to an average of 999,000 barrels per day (bpd), according to the April Monthly Oil Market Report (MOMR) released by the Organization of Petroleum...

As part of efforts geared towards promoting local content in the oil and gas industry, Nigeria's first oil and gas park, constructed by the Nigerian Content Development & Monitoring Board (NCDMB), has officially opened its doors...