Monday, May 11, 2026
Saudi Arabia’s central bank on a switch to digital currency; signs blockchain deal with US-based Ripple
Charles Abuede Few months after Mubarak Rashed al-Mansouri, the United Arab Emirates central bank governor revealed that the UAE...
Read moreDetailsUber is offering its drivers $250m in incentives, here’s why
Charles Abuede Global ride-hailing company, Uber has announced a $250 million one-time stimulus package in a move that is...
Read moreDetailsGlobal economy is looking up – new McKinsey global survey
…69% say global conditions to improve …Three-quarters of executives see improved in 6 months …Despite overall optimism, Covid-19 still looms...
Read moreDetailsIMF projects global economy to grow by 6% in 2021 and 4.4% in 2022
Charles Abuede The International Monetary Fund (IMF) has said that the global economy will grow 6 per cent this...
Read moreDetailsRespite as Suez Canal ship ‘partially refloated’, but still stuck in canal
…Consumers could see shortage of goods, higher prices if ship not freed for weeks …367 vessels carrying crude oil,...
Read moreDetailsElectric vehicles account for just 3 percent of global sales, investigation reveals
…As Japanese automakers drags in EV global migration Mike Ochonma Business Editor With major automakers transitioning to electric...
Read moreDetailsGlobal economic recovery is in sight as GDP projected to be 5.6% – OECD
…There is need for speed to strengthen the recovery Ben Eguzozie A global economic recovery is now in sight....
Read moreDetailsEnterprise risk management surges amid pandemic, RIMS reports
By Zainab Iwayemi A survey conducted by the Risk and Insurance Management Society Incorporated (RIMS) has shown that almost...
Read moreDetailsHyundai to recall 82,000 electric cars over battery malfunction
By Onome Amuge Hyundai Motor Company has been forced to recall about 82,000 electric cars globally following cases of...
Read moreDetailsGlobal health insurance premiums fall amid pandemic, says new report
By Zainab Iwayemi International Private Medical Insurance (IPMI) premiums for both individuals and families have declined due to the...
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