Businessam Staff
U.S. manufacturing activity slows further in July
U.S. manufacturing activity slowed to a near three-year low in July and a measure of new orders received by factories…
Seplat eyes completion of 160,000 bopd Amukpe-Escravos pipeline
Seplat Petroleum Development Company Limited is hopeful of bringing on stream its Amukpe-to-Escravos pipeline before the end of this year.…
U.S. confirms first commodity exchange with China as trade war talks continue
The U.S. department of agriculture, Thursday confirmed a private Chinese company bought 68,000 tonnes of soybeans in the week ended…
BoE lowers economic growth forecast amidst Brexit worries, global economy downturn
The Bank of England (BoE) lowered its growth forecasts on Thursday due to increased Brexit worries and a slowing global…
Ibadan-Sagamu road: Julius Berger opens social media channel
In order to provide helpful information for road traffic users during the rehabilitation process of the Ibadan-Sagamu expressway, Julius Berger…
Dangote dedicates 53% of refinery capacity to petrol
The Dangote Group says upon completion of its refinery, it will dedicate 53 percent of the capacity to the production…
Banking fraud increases 539% in one year
The banking industry lost N15.15 billion to cases of fraud last year, indicating an increase of 539 percent when compared…
MTN bows to pressure, lifts ban on Glo calls
MTN has lifted its partial ban on calls from Globacom subscribers to its network after stakeholders intervened in the matter.…
Nigeria records $15bn investments in six months
Between January and June this year, the Nigerian economy recorded a total investment commitment of $15.15bn in various sectors of…
Multinationals enjoy special customs services, get fast-track cargo clearance at Nigerian ports
By Samson Echenim Despite its demerits of allowing certain trade malpractices, more multinational companies are now enjoying the fast track…
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