Businessam Staff

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Gold nears 6-week low as Dollar gains

Gold prices are trading towards six-week lows as a stronger dollar was as spot prices trade towards $1,181 an ounce…

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World Bank provides $1bn for battery storage projects in developing countries

The World Bank has launched a $1 billion funding programme for the deployment of battery storage projects in developing countries,…

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Saudi Arabia to quietly pump extra oil to offset drop in Iranian production

Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop…

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Race to govern Lagos begins Saturday as APC special interest groups endorse Ambode

The race to govern Lagos, Nigeria’s economic capital, begins Saturday, September 29, 2018 as the state’s ruling party, the All…

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Custodian Investment announces date of board meeting for approval of Q3 accounts

Custodian Investment Plc. has announced that its board of directors would meet on October 25, 2018 to consider and approve…

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Julius Berger appoints new managing director/chief executive

Julius Berger Nigeria Plc., one of Nigeria’s leading construction companies, Thursday announced the appointment of Lars Richter as its new…

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McDonald’s says classic burgers no longer have artificial ingredients

McDonald's USA Wednesday announced that its iconic burgers, including the Big Mac and the Quarter Pounder with Cheese, no longer…

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Nigerian crude exports set for six-month high in November

Nigeria's oil exports will reach their highest in six months in November, led in part by an increase in supply…

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Goldman Sachs launches new online retail bank, Marcus

Investment bank Goldman Sachs has officially entered the UK market through its Marcus digital banking brand, which was first launched…

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Nigerian govt. may increase minimum wage to N45,000 as inflation seen rising to 13% at year-end

The decision by the Nigeria Labour Congress to embark on strike Thursday to press for an increase in the national…

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