Businessam Staff
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Stock market sheds N1.5trn in eight months
Businessam StaffSeptember 2, 2019
Investors in the nation’s stock market have lost a total of N1.52tn in eight months, as the total market capitalisation of equities
Nigerians will still pay more for visa, says US
Businessam StaffAugust 30, 2019
The US embassy says for now, the additional cost for visa application still applies to Nigerians. On Tuesday, the embassy announced an
Nigeria can easily boost oil output next year, Kyari says
Businessam StaffAugust 30, 2019
Nigeria can easily boost its oil production next year to at least 2.5 million barrels a day, according to the newly appointed head of
Deposit bad naira notes in bank by Monday, CBN tells Nigerians
Businessam StaffAugust 30, 2019
The Central Bank of Nigeria has directed Nigerians to deposit mutilated Naira notes in any bank branch closer to them. The apex bank
Report: Lagos is the world’s most dangerous city
Businessam StaffAugust 30, 2019
A newly released report by the Economist Intelligence Unit (EIU) has ranked Lagos as the world’s most dangerous city. The report,
NEC: 22m barrels of oil stolen in first half of 2019
Businessam StaffAugust 30, 2019
The National Economic Council (NEC) Thursday put the amount of crude oil stolen from Nigeria in the first six months of 2019 at 22
Border closure to save Nigeria $400m – Rice growers
Businessam StaffAugust 30, 2019
The Rice Processors Association of Nigeria on Thursday backed the federal government’s closure of the land border with Benin Republic
Govt to gain $56m from sugar production
Businessam StaffAugust 30, 2019
Latif Busari, the executive secretary, National Sugar Development Council, has said that reduced importation of sugar and increase in
Investors dump Dangote Cement, MTN shares
Businessam StaffAugust 30, 2019
The equities market declined by N88.3bn on Thursday on the back of major sell-offs witnessed in Dangote Cement Plc, MTN Nigeria
N25trn debt profile: Further borrowing’ll hurt economy, experts warn FG
Businessam StaffAugust 30, 2019
Contrary to the stand of the federal government that the nation only has revenue challenge and not debt problem, economists and