Businessam Staff
CBN plans repositioning Nigerian bank’s LDR to par with other countries
The loan to deposit ratio (LDR) of the Nigerian banking industry measures low when pitched against what is obtainable in…
Completed rights issue, South African divestment to deleverage Lafarge Africa by N239bn
Lafarge Africa Plc.’s financial position has been further strengthened by about N239 billion as a result of its recently concluded…
See how farmers are making more fortunes from YouTube than from what they actually cultivate
It is no longer news that agriculture is the new big thing, and many who are involved in it are…
NNPC $3.15bn financing agreement for OML13 seen as game changer; FG to earn $10.2bn in 15yrs
A $3.15 billion financing and technical services agreement that is being described as an oil and gas project financing game…
IMF lowers its global economic growth forecast again as risks remain to the ‘downside’
The International Monetary Fund trimmed its forecast for global economic growth again as the U.S.-China trade war continues, Brexit worries…
Huawei first-half revenue surge to 30 percent despite US ban
Kenneth Afor with agency report. Chinese phone maker, Huawei Tuesday announced its financial earnings for the first half of 2019 with a 30…
EU has 35 billion euro list ready if U.S. hits EU cars: EU trade chief
The European Union would retaliate with extra duties on 35 billion euros ($39.1 billion) worth of U.S. goods if Washington…
NSDC lauds BUA on sugar estate in Lafiagi
BUA Group has been commended by the National Sugar Development Council (NSDC) for its investment in the Nigeria sugar industry.…
Britain’s new leader Johnson vows to get Brexit done
Boris Johnson, the Brexiteer who has promised to lead Britain out of the European Union with or without a deal…
CBN confirms plans to restrict forex for milk importation
Godwin Emefiele, governor of the Central Bank of Nigeria, has confirmed that the bank will restrict forex for the importation…
The Daily Newsletter
