Businessam Staff
Tunde
Gold heads for sixth weekly gain
Businessam StaffJuly 17, 2020
Silver heads for sixth straight weekly gain Gold rose on Friday and was headed for its sixth consecutive weekly gain as surging
COVID-19 triggers 42% job loss-World Bank
Businessam StaffJuly 17, 2020
The World Bank has said nearly half of the global work force has been thrown out of jobs by the Coronavirus pandemic. The bank put the
Illegal mining, smuggling cost Nigeria $3bn in seven years–Buhari
Businessam StaffJuly 17, 2020
President Muhammadu Buhari has revealed that Nigeria lost about $3 billion to smuggling and illegal mining of gold between 2012b 1nd
Ecobank advises customers to use digital channels for transactions
Businessam StaffJuly 17, 2020
Ecobank has advised its customers to utilise the bank’s digital banking platforms for their banking transactions especially now that
Foreign reserves dip as forex market interventions, payments rise
Businessam StaffJuly 17, 2020
Nigeria’s foreign reserves dipped by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, according to data from the from
NDIC proposes stiff penalties for Directors of failed banks
Businessam StaffJuly 16, 2020
The Nigeria Deposit Insurance Corporation (NDIC) is proposing that directors of banks cannot take insider loans from their banks as
The grave sin of Godwin Obaseki
Tony UsidamenJuly 16, 2020
By Tony Usidamen If you have been following events on the Nigerian political scene, then you would know about the protracted battle
BUA swells Adamawa’s Covid-19 fund with N200m, 3 ambulances
Businessam StaffJuly 16, 2020
BUA Foundation, the charitable arm of conglomerate, BUA Group, has made a donation of N200 million in cash and three ambulances to the
NSE lists Axxela’s N11.5bn bonds
Omobayo AzeezJuly 16, 2020
By Omobayo Azeez The Nigerian Stock Exchange (NSE) on Thursday listed N11.5 billion Series 1 bonds of Axxela Funding 1 Plc which comes
China’s GDP beat fails to energise bulls
Hussein SayedJuly 16, 2020
Hussein Sayed, chief market strategist at FXTM Following a 6.8% contraction in the first three months of 2020, the Chinese economy