Businessam Staff
Wall St. flat as railroads slide after CSX signals trade impact
U.S. stocks treaded water on Wednesday as trade-related weakness hurt CSX Corp’s profit, leading to a decline in railroad stocks…
Amazon under EU antitrust fire over use of merchant data
Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants’ data,…
US to establish West African trade hub in Nigeria
Representative of the US government say plans are underway to establish the West African Trade Hub (WATH) in Lagos and…
Airline operators drum up Nigeria government support for Air Peace
* Carrier awaits arrival of $2.1bn Embraer, B737 planes *$3bn lost in capital flight to foreign airlines By Samson Echenim…
Investors, regulators discuss ways to grow investment in aviation sector
By Samson Echenim Private investors and regulators in the aviation sector are meeting right now at Raddison Blu Hotel, GRA…
Nigeria’s, others’ mobile economy hits $150bn
The mobile ecosystem in Nigeria and other sub-Saharan African countries generated about $150 billion in economic value last year. This…
External debt rises by $15.3bn under Buhari
The nation’s external debt stock rose by 148 per cent in almost four years of the President Muhammadu Buhari administration,…
IMF to begin search for new leader as Lagarde resigns
Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination…
Equity trading performance spurs Goldman Sach’s quarterly growth
Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher…
Interest rate cut expectations persists amidst strong U.S. retail sales
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, however this did not change market…
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