Businessam Staff
Nigeria leads park of AfDB shareholders, Germany, U.S. follow
Kenneth Afor Nigeria, Africa's most populous nation is currently leading as a top shareholder in African Development Bank (AfDB). This…
Oil tanks on sluggish coronavirus recovery
Oil prices fell on Friday but still maintained a good position as an easing of coronavirus lockdowns aids a slow…
IMF cuts Nigeria’s 2020 growth projection to 2%
The International Monetary Fund (IMF) has revised downward its 2020 gross domestic product (GDP) forecast for Nigeria to two per…
India’s sugar production to drop by 19% as erratic rainfall threatens sugarcane farms in major states
Kenneth Afor Sugar production in India, the world’s second-largest producer of the sweetener is expected to drop by 19 percent…
FG okays N105.3bn Afam Power sale to Transcorp consortium
The National Council on Privatisation (NCP) has approved Transcorp Power Consortium as the preferred bidder for the Afam Electricity Generation…
Hong Kong to build $79bn artificial island
Hong Kong plans to build one of the world’s largest artificial islands with an eye-watering $79 billion price tag, city…
2018 third quarter: PenCom recovers N564.67m un-remitted pension
The National Pension Commission says it has recovered pension contributions and interest totalling N564.67million from defaulting employers during the third…
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