Businessam Staff

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At ministerial screening, Fashola says Nigeria needs N10tr infrastructure bond to fix challenges

Babatunde Fashola, the immediate past minister of power, works and housing, has called for the introduction of a N10 trillion…

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FAAC inflows to supress Tbills yield this week

In anticipation of the Federal Accounts Allocation Committee (FAAC) inflows this week, market traders are expecting a slight compression in…

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Access Bank issues tier II N30bn local bond

Access Bank Plc has further strengthened its funding base with a successful issuance of a tier II N30 billion fixed…

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LCCI faults CBN policy on milk importation

The Lagos Chamber of Commerce and Industry (LCCI) has faulted the Central Bank of Nigeria (CBN)’s policy on milk importation,…

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New capitalisation rules set to hand over insurance sector to foreign investors

The new minimum capitalisation policy for insurance companies set by the the National Insurance Commission (NAICOM), and the lackadaisical attitude…

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Grim! N1.87tr foreign portfolio investments exit Nigeria in four years of Buhari presidency

Latest data from the Nigeria Stock Exchange (NSE) revealed that a total of N 1.87 trillion was withdrawn by foreign…

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Investors to re-evaluate earnings positions as deadline for Q2 financial results nears

As the deadline for filing quarterly results on the Nigerian Stock Exchange (NSE) approaches, investors, in anticipation of a flurry…

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Iran’s central bank to launch integrated forex market in two weeks

The Central Bank of Iran (CBI) has concluded plans to begin an integrated forex market two weeks from today. In…

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‘Forex cut for milk importation not political’ — CBN

The Central Bank of Nigeria (CBN) says its decision to restrict forex for the importation of milk has no political…

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Twitter records 10% share price growth on improved earnings report

Share price of Twitter surged by more than 10 percent during Friday morning trading as a result of improved Q2…

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