Nigerian oil billionaire Elumelu acquires key Seplat stake
The deal highlights the growing role of indigenous capital in the country’s hydrocarbon industry.
The deal highlights the growing role of indigenous capital in the country’s hydrocarbon industry.
The country has battled with inconsistent power supply in recent years on account of its aging and poorly maintained coal-powered plants.
Countries that until recently had frosty relations, like Qatar, Egypt, and Syria, are now striking energy cooperation deals.
The market in neighboring Abu Dhabi was smaller, but more buoyant, while in Saudi’s capital Riyadh it proved more volatile, new data shows.
Lifting restrictions on investor access is part of efforts to revive the market.
Analysts said the stimulus may not be enough to shift forecasts for growth in the world’s second-biggest economy.
Multiple have reported on the growing international popularity of tote bags featuring Trader Joe’s branding.
The deal is indicative of how the new leadership in Caracas is seeking to placate the White House.
Copper is vital for new technologies, from data centers to electric vehicles.