Businessam Staff

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FG to raise N470bn in third quarter

By Moses Obajemu The federal government is to raise a total of N470 billion in the third quarter of 2020…

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Banks write off N1.9tr bad loans — Agusto Ratings

Loans totaling N1.9 trillion considered to be bad loans were written off by banks in the country in the last…

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Foreign reserves dip by $86m

By Moses Obajemu The CBN's foreign reserves sustained its descent as forex outflows continue to outpace inflows, thus dipping by…

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Naira continues slide across markets

There is no respite for the naira as it continued its downward spiral, depreciating to new lows across many markets…

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How NNPC officials contributed to the economic adversity of Nigeria by stealing $2bn crude oil – Firm

A gripping expose of how officials of the national oil company, NNPC, undermined the nation's economy and stole 48 million…

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Pre-registered SIM card usage thrives on despite sanction threats

By Omobayo Azeez The war against sales and usage of pre-registered Subscribers Identity Module (SIM) cards in Nigeria is proving…

Insecurity is a symptom of corruption and bad governance

Usman Yusuf The responsibility of citizens in any democracy goes beyond the ballot box, they must be active participants rather…

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FG stakes N126.7bn loan on connecting 19 northern states to telecoms services

By Omobayo Azeez The Federal Government of Nigeria is taking a sum of N126.7 billion credit from the China EXIM-Bank…

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Dangote Cement rakes in N126.14bn profit from N0.48trn H1 revenues

By Omobayo Azeez Dangote Cement, the securities at the Nigerian Stock Exchange (NSE) with the largest market capitalization has reported…

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Keli Gadzekpo: Pushes into Nigerian market

What role do you expect technology to play in Ghana’s insurance sector going forward? KELI GADZEKPO: The more retail-oriented the business,…

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