Business

Saudi Arabia Is Negotiating To Sell 1% of Aramco

Olawale AmeenOlawale Ameen
date
7th July 2021
Last update
date
4:00 pm
16th September 2021
Saudi Arabia Is Negotiating To Sell 1% of Aramco
Saudi Arabia is in talks to sell 1 stake in Aramco (Getty Images).

Emerging story

Popular Nigerian economist Kalu Aja recently tweeted, stating that Saudi Arabia sold Aramco to invest in Disney, Facebook, Citibank, and Uber. He claimed that while trying to buttress his point, any nation-building economy on crude oil is taking a risk.

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