US Senators Question Apple and Google on App Store Dominance
A panel of US senators questioned officials from Apple Inc and Alphabet Inc’s Google on Wednesday about the dominance of their mobile app stores and whether the companies abuse their
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Nigeria’s Senate Grants President Buhari’s Request, Approves Fresh $1.5bn, €995m Loans
Nigeria’s Senate has approved President Muhammadu Buhari’s request of 1.5 billion US Dollars and 995 million Euros (about 1 trillion Nigerian Naira) in external loans. President Buhari got the approval
Nigeria’s Central Bank Guarantees Exporters Unfettered Access to Sales Proceeds
The Central Bank of Nigeria (CBN) has assured exporters that they will continue to have unfettered access to their export proceeds. CBN Governor, Mr. Godwin Emefiele, during a presentation at
Zimbabwe Will Allow Shooting Some Elephants At $70,000 Each To Raise Money
Joseph Kafunda, Operations Manager at Rafiki Tours and Safaris in Namibia, spoke to the Global Business Report about Zimbabwe’s decision to resume allowing Tourists to shoot a limited number of
NNPC’s Operating Revenues Slump By $290m in January
The increasing landing cost of petrol and the inability of the Nigerian National Petroleum Corporation (NNPC) to increase ex-depot price have continued to negatively impact on the operations of the
Clubhouse Closes New Round of Funding That Would Value App at $4bn
Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on Sunday, without disclosing the amount raised. A source familiar with
Nigeria Civil Aviation Approves Commercial Flight Operations at Bayelsa Airport
After months of expectation, the Bayelsa State Government-owned airport finally received the nod of the Nigerian Civil Aviation Authority (NCAA) on Saturday to commence commercial flight operations. NCAA Director-general, Dr.
Sci-Fi: Elon Musk Wants To Put Computer Chips In Human Brains
Mayowa Ige, Analyst at Financial Derivatives Company Limited, spoke to the Global Business Report about Elon Musk’s passion project Neuralink, a company seeking to make advancements in neuroscience by giving
A Zimbabwean Billionaire Could Invest $100m In Nigeria
Sanyade Okoli, CEO of Alpha African Advisory, spoke to the Global Business Report about Zimbabwe’s Finance Minister Professor Mthuli Ncube’s road show seeking investment for his country. She also
The Reason Why Nigeria’s Central Bank Prints Money
Arise Business Analyst Chika Mbonu spoke to the Global Business Report about the controversy surrounding Edo State Governor Godwin Obaseki’s money printing allegations aimed at the Federal Government of
A Billionaire Truce In Kano And The Sugar Master Plan
Ikemesit Effiong, Head of Research at SBM Intelligence, spoke to the Global Business Report about the images that emerged from northern Nigeria featuring Kano governor Ganduje, Billionaire Aliko Dangote,
China Posts Record 18.3% Economic Growth in Post-Covid Comeback
China’s economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year. It’s the biggest jump in the gross domestic product (GDP) since
Nigeria: Kano Governor Ganduje ‘Resolves’ Dispute Between Dangote, BUA Groups
Kano State Governor, Dr Abdullahi Ganduje, has resolved the dispute between the Dangote Group and BUA Group, owned by two prominent indigenes of the state, Alhaji Aliko Dangote and Alhaji
Nigeria’s Central Bank Chief Emefiele Says It’s ‘Inappropriate’ to Give Colouration to Currency Printing
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Thursday weighed in on the raging controversy over whether or not the apex bank printed money to augment
Food Crisis?: Nigeria’s Food Inflation rises to 22.95%
Mustapha Wahab, Analyst at Chapel Hill Denham, spoke to the Global Business Report about Nigeria’s latest inflation figures which are at a new high. With Food inflation at 22.95%, is
JAMB Bans Emails, The Maldives Considers Vaccine-On-Arrival For Tourists
Ugo Aliogo, Public Policy Analyst, spoke to the Global Business report about the Joint Admission and Matriculation Board (JAMB) excluding emails from registration of the Unified Tertiary Matriculation Examination (UTME).
Hyundai Motor Group Plans to Launch EVs in China Every Year Starting 2022
South Korea’s Hyundai Motor Group said on Thursday it plans to launch electric vehicles (EVs) in China every year starting 2022 to enhance its presence in the world’s biggest car
BUA Group, French Company Strengthen Deal on 200,000bpd Refinery Project
The BUA Group and Axens, a France-based petroleum technology company, Wednesday reviewed and signed statements of acknowledgement of the level of progress achieved on the former’s proposed multi-billion-dollar integrated 200,000
NNPC Reports Reduced Pipeline Vandalism While Kenyans Brace For Higher Fuel Prices
Lawrence Messay, Analyst with Financial Derivatives Company Limited, spoke to the Global Business Report about the NNPC’s report of a 37% reduction in Pipeline vandalism in January. He also discussed
South Africa: Dealing With Other Viruses Like Corruption And Incompetence – Peter Major
Peter Major, Director at Mergence Corporate Solutions, spoke to the Global Business Report about South Africa’s Mining Sector and its first positive output in 12 months. He also discussed Unions,
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