Businessam Staff
Trade friction hits stocks, yuan slumps to lowest in over a decade
Global stocks fell for a sixth day on Monday as an escalation of trade tensions between the United States and…
MTN Nigeria invests N2tr as market value closes at N2.6tr
MTN Nigeria Communications Plc has invested more than N2 trillion in its business operations over the past 18 years. The…
FG gets Siemens’ plan to raise power supply to 25,000mw
The federal government has received a comprehensive plan, ‘the Nigeria Electrification Roadmap: Technical and Commercial Proposal,’ from German power firm,…
Electricity generation plunges below 2,500MW amid low load demand
Electricity generation in the country fell below 2,500 megawatts on Saturday amid low load demand by the distribution companies. Total…
Employees in Lagos are stressed, burned out and exhausted because of ‘hellish traffic’
Lagos traffic is so snarled and gridlocked that a recent trip from the airport to Ajah, on Lagos Island --…
Unilever Nigeria grows Q2 ’19 PAT by 24% on N23.43bn turnover
Unilever Nigeria has announced a 24 percent quarter-on-quarter growth in profit after tax for the current financial year. For the…
Kenya concludes first crude oil export
Kenya, one of the most prominent countries in East Africa, has successfully concluded it's first export of crude oil. The…
Much ado about “bow and go”
BY OLA AWONIYI The screening of ministerial nominees by the Senate has come and gone but the dust it raised…
Trump’s $300bn China tariffs will be paid by Americans
With U.S. President Donald Trump’s announcement on Thursday of tariffs on another $300 billion of Chinese imports, nearly all goods…
NSE indicators down by 0.43%, investors lose N13.4bn
The crucial market indices of the Nigerian Stock Exchange (NSE) on Friday returned back to negative territory after a day…
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