Businessam Staff
European shares rebound, euro set for best month in a decade
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction…
The fall continues as Foreign reserves shed $673.13m in two months
There is no respite for the naira as the country’s foreign reserves shed $673.13m, plunging from $36.57bn on June 1…
AU congratulates Adesina, pleges to support his second term bid as AfDB president
The African Union has pledged its support for Akinwunmi Adesina, African Development Bank president, for his clearance on allegations of…
Air France, Lufthansa, Delta, United, American, world’s largest airlines, lost $40bn to COVID-19 since January
Charles Abuede With the current global travel limitations and lockdown rules across the airline market, which is expected to trigger…
Access Bank stock gains on news of dividend payment
By Omobayo Azeez The shares of Access Bank Plc listed on the Nigerian Stock Exchange (NSE) appreciated by N0.5 or…
Manufacturing activities decline in July — CBN
Manufacturing activities in the country contracted in the month of July, dropping below the 50 index points for the third…
MTN Nigeria’s profit falls to N94.88bn amidst 12.5% rise in revenue
By Omobayo Azeez Despite a double digit increase in its revenue in the H1’2020, MTN Nigeria had its net profit…
Equities market closes positive with N23bn gain
By Omobayo Azeez The Nigerian equities market closed on a positive note with a gain of N23 billion on…
FAAN MD says Imo Airport could become Nigeria’s premier air traffic destination
...but facilities standardization is terminal’s undoing Ben Eguzozie, in Port Harcourt Rabiu Yadudu, the managing director and chief executive of…
Uzodimma signs N108.3bn revised budget
By Dikachi Franklin, in Owerri The Imo State 2020 revised budget of N108, 385, 836,150 has been signed into law…
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