Businessam Staff

998 Articles
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Google map unveils “Okada” navigation for select Nigerian cities

Google, on Wednesday announced the launch of new products and features to make life better for Nigerians digitally. Among the…

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Nigeria at risk of losing $15bn of crisis-era bad loans

Nigeria is facing the risk of never recovering about 5.5 trillion naira ($15 billion) of bad loans taken over during…

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With Nigerian bond yields at 14%, it seems nobody wants equities

Nigerian stocks have next to no chance of success when they’re competing for capital against one of the emerging world’s…

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Boeing report losses in Q2’19 as 737 max grounding impacts profitabilty

The temporary suspension of Boeings 737 max aircrafts have negatively impacted the company's financial performance, as results for the first…

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Weak earnings from U.S bellwethers propel sluggish open on Wall St.

Weak earnings from American bellwethers Caterpillar and Boeing propelled a slide on Wall St. when trading activities opened Wednesday. The…

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Facebook to pay $5bn to settle privacy breach allegations

Social networking firm, Facebook, on Wednesday, agreed to pay a record $5 billion to settle an ongoing investigation into allegations…

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Extend VAT exemption on stock market transactions, investors urge FG

Some investors in the Nigerian capital market have called on the federal government to extend the exemption of value added…

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IMF’s growth forecast for Nigeria improves by 0.3%

The International Monetary Fund has raised the growth forecast of Nigeria’s economy for the 2019 financial year by 0.3 percent…

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CBN grant banking licences to Titan Trust, Globus, Taj

The Central Bank of Nigeria (CBN) has added three new banks to the list of deposit money banks and financial…

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Senate petroleum committee to quiz NNPC over fuel subsidies, 43 modular refineries

The upper chamber of Nigeria's senate has mandated its petroleum committee to invite the ministry of petroleum and the Nigerian…

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