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RIO DE JANEIRO, BRAZIL - Despite this distinctive mark, the sector expects even more significant growth this year, with the possibility of investing R$50 (US$9) billion in the country's economy and creating 350,000 jobs. "We expect 2022 to be the best year for solar energy in Brazil. This is because ...

RIO DE JANEIRO, BRAZIL - The dispute for the space economy market, which in recent months has sparked a race among billionaires for the debut of off-Earth tourism, also fuels another lucrative business: the Internet via satellite market. A Morgan Stanley report estimates that the global space industry is already ...

RIO DE JANEIRO, BRAZIL - Brazil comes up with a bit of sensation. While most other countries are accumulating massive new debt due to the pandemic and the resulting problems, America's second-largest economy is running its lowest primary deficit in seven years. Revenue growth and reduced spending related to the ...

The Economic and Financial Crimes Commission (EFCC) has amended the fraud charge against a Malaysian, Tan Ah Chai Richard, who recently died in the custody of the Nigerian Correctional Services in Lagos. The deceased and his company, Coastal Asia Investments Limited were arraigned before the Lagos State Special Offences Court ...

Stakeholders in the Nigeria’s energy sector have commended a deal between the investment arm of the government of Qatar and an oil and gas company, Jeniks Energy Group. They said the deal is aimed at investing in the sector. According to the managing director of Boldup Energy Limited, Samuel Babatunde, ...

Rivers State Governor Nyesom Wike has said the ongoing dispute between the state and the federal government over the legitimate authority to impose and collect Value Added Tax (VAT) has enormous constitutional implications that should be addressed succinctly. Wike spoke yesterday at the  presentation of a book titled: “Contemporary Essays ...

The minister of science, technology and innovation, Dr. Ogbonnaya Onu, has said Nigeria’s economy is steadily being diversified following the introduction of policies of the federal government, noting that Science Technology and Innovation (STI) remain very crucial to the nation’s diversification efforts. Dr. Onu disclosed this during the validation workshop ...

Iran’s foreign ministry on Jan. 29 condemned a rocket attack against Baghdad airport that took place the previous day as an act that seeks to "destabilize" Iraq.

The world’s largest economy staged a solid recovery last year as it grew at the fastest pace since 1984, but damage from the Omicron variant of COVID-19 is imminent.

The Cooperative Promotion Department (CPD) has established a panel to study proposed increased investment in Thai Airways International (THAI).