Businessam Staff
CBN injects another $210m into forex market
Kenneth Afor The Central Bank of Nigeria says it has injected another $210 million into the Nigerian inter-bank foreign exchange…
How priority landing saved 33 aboard after Medview plane loses pressure
By Samson Echenim The lives of 27 passengers and six crew onboard Medview Airline's Boeing 737-500 flight VL2105 on Tuesday were at risk but…
FAO, FG launch ASL 2050 to develop Nigeria’s livestock industry
The Food and Agriculture Organisation of the United Nations (FAO), in collaboration with the Nigerian government, has launched the report…
Nigeria losing $60bn annually to foreign website hosting, says owner of TucanaNG
By Samson Echenim Nigeria is losing a whopping $60 billion (about N21.4 trillion) annually to foreign countries through the hosting…
Banks challenged on financing for Nigeria’s N100bn cold chain industry
By Samson Echenim Operators and investors in Nigeria's cold chain sector, have charged banks and other investment financiers to invest in the cold…
Nigeria needs 20m metric tonnes of home grown rice production for self sufficiency, says expert
By Kenneth Afor Oluwarotimi Fashola, team head, projects, Elephant Group, has disclosed that about 20 million metric tonnes of home…
ECB signals a rate cut, more monetary easing ahead
The European Central Bank (ECB) prepared markets for more easing measures on Thursday, causing the euro to briefly fall to…
“You risk losing your savings,” NDIC boss cautions Nigerians who adopt cryptocurrencies
Umaru Ibrahim, the managing director, Nigeria Deposit Insurance Corporation on Thursday called on Nigerians to exercise caution in the adoption…
Oil rises on Iran tensions, U.S. inventory decline
Oil rose more than $1 on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but…
Malabu Scandal:We did no wrong, JPMorgan tells British court
Banking giant, JP Morgan, on Wednesday told an appeal court that it acted in line with its legal mandate when…
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