Businessam Staff

995 Articles

N145bn worth of bonds to be auctioned July 24 – DMO

The federal government has offered for subscription by auction N145 billion worth of bonds in its July 24 auction, the…

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Brazil soybeans lose protein, China sales at risk

The protein content in Brazilian soybeans fell for the first time in four harvests in 2018, according to preliminary government…

NY Fed clarifies Williams speech that market took as signal of a rate cut

New York Fed President John Williams’ assertion that policymakers need to “act quickly” as economic growth slows was drawing from…

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BlackRock’s Fink: CEOs tell me they’re pulling their supply chains out of China

Companies are moving their supply chains out of China instead of waiting for a resolution of the trade war between…

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Wall St. edges higher on Microsoft’s beat, rate cut optimism

Wall Street’s main indexes inched higher on Friday after solid results from technology giant Microsoft added to an upbeat mood…

N12bn worth of agric produce wasted annually in Nigeria

* As Obaseki pushes for agric-focused culture Kenneth Afor About N12 billion worth of agricultural produce in Nigeria perishes annually…

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Bill Gates loses ‘second richest man’ seat to LVMH’s Bernard Arnault

Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the…

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Shipowners back FG’s bid to ban importation of foreign built vessels

Ship owners and major stakeholders in the maritime industry have applauded the federal government’s plan to ban the importation of…

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Lagos partners FG to construct $2bn light rail

Amid intractable traffic congestion undermining its domestic economy, the Lagos State Government thursday disclosed that it had started working with…

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FIRS moves to capture additional 25m in tax net

The Federal Inland Revenue Service (FIRS) has intensified efforts in implementing some measures to help in realising its objective of…

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