Businessam Staff
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FG gives Discos three months to improve power supply
Businessam StaffApril 2, 2020
The federal government has issued a three-month ultimatum to power Distribution Companies (Discos) to improve the quality of power
Nigeria’s dept profile climbs N27.4trn
Omobayo AzeezApril 2, 2020
By Omobayo Azeez The total debt portfolio of the Nigerian government, including states and federal, stood at N27.4 trillion as of end
Banks recorded N1.05tn bad loans in 2019 – NBS
Businessam StaffApril 2, 2020
Banks’ non-performing loans amounted to N1.05tn as of December 2019, the National Bureau of Statistics said on Wednesday. The bureau
Nigeria, South Africa, others seek debt relief from World Bank
Businessam StaffApril 2, 2020
The ministers of finance from African countries have called for debt relief from bilateral, multilateral and commercial partners to
Monday – Sunday: 30th March – 5th April 2020
Businessam StaffApril 2, 2020
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Disclose impacts of Covid-19 on your operations, SEC charges public companies
Omobayo AzeezApril 2, 2020
By Omobayo Azeez In the light of the global pandemic of the Coronavirus Disease (COVID-19), the Security and Exchange Commission (SEC)
Lockdown: NSE activates second phase of business continuity plan
Omobayo AzeezApril 2, 2020
By Omobayo Azeez Following the order of a lockdown of Lagos, Ogun states and the federal capital territory by the federal government,
COVID-19: Ikeja Electric suspends disconnection of customers
Businessam StaffApril 1, 2020
Ikeja Electric (IE) has announced the suspension of all disconnection activities of non-paying customers for a period of two weeks
MTN considers Nigerian stake sale
Businessam StaffApril 1, 2020
MTN Group may consider a phased sale to reduce its majority stake in its Nigerian business but still plans to proceed with the
Covid-19: CBN grants two-week market holidays to BDCs
Businessam StaffApril 1, 2020
ABCON advises forex users to shun street traders The Central Bank of Nigeria has granted a two week market holidays to the bureaux de