Businessam Staff
Electricity customers can get meters, pay later —NERC
The Nigerian Electricity Regulatory Commission has said electricity customers will be able to acquire meters without upfront payment starting from…
Foreign reserves gain $53.641m in two weeks
The nation’s foreign reserves rose by $53.641m from $45.046bn on July 1 to $45.099bn as of July 15, the latest…
Stock market extends decline, investors lose N708bn
The stock market extended its losing streak on Thursday as it shed N87bn, bringing the total losses to N708bn in…
Renault partners Coscharis in a distribute and assemble deal
French carmaker Renault and Nigerian conglomerate Coscharis Group have formed a partnership to assemble and distribute Renault vehicles in Nigeria,…
New freight rate for port haulers will raise FDI, says Bello, CEO, Nigeria Shippers’ Council
By Samson Echenim The certainty associated with having a benchmarked transportation cost will help investors make a more accurate decision…
How Nigeria’s wealth agency invests its capital — MD
The Nigeria Sovereign Investment Authority (NSIA) invested its $1.5 billion seed capital in the development of key infrastructures to create…
Passengers vent on Twitter after BA loses entire flight’s luggage
Passengers used social media handle, Twitter, to let out their anger against British Airways on Thursday after the airline left…
Multiple entry points for foreign airlines disastrous, destructive to domestic market, says Demuren
* As investors decry 90% international air traffic in Nigeria By Samson Echenim Multiple entry points given to foreign airlines…
UK may be entering a full-blown recession, budget watchdog says
Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country’s budget deficit next…
European Central Bank set for a rate cut in September, economists predict
The European Central Bank (ECB) will next week open the door to an interest rate cut for September, economists have…
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