Businessam Staff
Reps summon Ameachi, others over railway contracts, $500m China loan
The House of Representatives is beaming its searchlight on the Nigeria Railway Corporation over its planned $500 million loan request…
FG saves N4bn daily through IPPIS — AGF
The federal government is saving the sum of N4 billion daily as a result of the deployment of integrated personnel…
AfDB probe: Buhari savours Adesina’s victory, congratulates him
President Muhammadu Buhari is savouring the victory and clearance of Akinwunmi Adesina, president of the Africa Development, by the independent…
Bears’ return in large cap stocks cost equities N70bn
By Omobayo Azeez The bull’s party at Nigeria's domestic stock market has been crashed by the return of the bears…
Okomu Oil posts N4bn profit, pays N1.92bn dividend in H1 2020
By Omobayo Azeez Agricultural company, Okomu Oil Palm Plc, made N4.007 billion as profit after tax (PAT) from its operations in the…
Unicorns amass $26.5bn in seeding funding since start of 2020, amid COVID-19 outbreak
Charles Abuede Unicorn companies canvassed and have raised $26.5 billion in funding since the start of 2020, in spite of…
Volkswagen, with $192bn debt burden, is world’s most indebted company
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10…
Rising ICT tools usage spurs more cybercrime incidence – Abdullahi
By Omobayo Azeez Increasing incidences of cybercrimes being perpetrated in Nigeria is being driven by the rising number of people…
Nigeria consumers pay N444.2bn on utility, subscription in 5 months using digital channels
Charles Abuede Payments of utility bills and subscriptions for various digital channels cost Nigerians and foreigners living in the…
NITDA has aided growth of Nigeria’s tech ecosystem — DG, Kashifu Abdullahi
AfCFTA will offer net software export gains KASHIFU INUWA ABDULLAHI is young, and a passionate technology enthusiast, by practice and…
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