Businessam Staff

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Ecosystem approach, key to unlocking Agric sector potential – Experts

To tap into the abundant opportunities available in Nigeria’s agricultural space, entrepreneurs have been advised to shun working in isolation…

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CBN raises banks’ LDR to 65 percent as credit grows

The Central Bank of Nigeria has raised the loan to deposit ratio of banks to 65 percent, after the September…

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Buhari orders release of N600bn for capital projects

Muhammadu Buhari, Nigeria's president has directed the ministry of finance, budget and national planning to release N600 billion for Capital…

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Gencos petition Presidency, NERC over admin charge

Power generation companies on Monday petitioned the Nigerian Electricity Regulatory Commission, the presidency and other relevant agencies of government over…

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Cashless policy implementation may hurt MSMEs, says MAN

The Manufacturers Association of Nigeria has said the implementation of the cashless policy may have negative impact on the micro,…

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Severe consequences await revenue-generating agencies that fail to meet targets, Buhari warns

Nigeria's president Muhammadu Buhari has warned that severe consequences await any of the nation revenue-generating agencies that failed to achieve…

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FG plans N4.6trn borrowings, debt to hit N30trn

The federal government is planning to borrow fresh N4.6 trillion within the next three years, covering 2020 to 2022, to…

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Wall Street higher on Apple-led rally in technology shares

Technology stocks led by Apple lifted Wall Street’s main indexes on Monday, as investors looked past last week’s reports that…

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Nasdaq cracks down on IPOs of small Chinese companies

Nasdaq Inc. is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down…

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Wike announces RVSG acquisition of Shell’s OML 11

Nyesom Wike, the governor of Rivers State, has announced State Government’s acquisition of Shell Petroleum Development Company (SPDC) 45% operating…

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