Businessam Staff

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‘Ajaokuta steel, others will begin full operations within 4 years’

Abdullahi Halims, the chairman, House of Representatives committee on steel development, has assured that Ajaokuta Steel Company and other steel…

DMO dissatisfied with retail investor participation in debt market

The Debt Management Office (DMO), has expressed dissatisfaction with individual investors’ patronage of bonds, saying a lot needed to be…

Point of sale transactions record 33% y/y increase, hits N634bn in Q1 2019

The value of transactions through point of sales (PoS) channels nationwide stood at N633.804 billion between January and March 2019,…

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DMO: Nigeria is most indebted to China at $2.554bn

Chinese credit accounts for 80 percent of all bilateral loans to Nigeria, according to data from the Debt Management Office…

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NSE: Index sheds 0.52%

The stock market returned to bearish mode as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 0.52 percent…

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NNPC chief warns against dragging corporation into politics as NEITI pledges support

The public should be wary of attempts that are sometimes made to drag the Nigerian National Petroleum Corporation (NNPC) into…

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How concerns over the impact of a US-China trade war is boosting the price of gold

IMAGE CREDIT: Pexels   The US and China have agreed on a truce to their trade war. The BBC reports that…

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NNPC to get full military support as oil search resumes in Chad, Gongola, Benue trough

The Nigerian National Petroleum Corporation, NNPC, Tuesday, expressed its preparedness to re-enter and commence full operations at the Chad Basin,…

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Buhari announces date for swearing in of new ministers

Muhammadu Buhari, Nigeria's president will swear in new ministers on Wednesday, August 21, the office of the secretary to the…

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Why we opened new outlet in Ikoyi -Berger Paints

Berger Paints Nigeria Plc., Tuesday announced the opening of a new outlet- "Colour World" at Awolowo way, Ikoyi, Lagos. The…

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