N11m for 11 winners as Dangote spreads joyful alerts in Ikorodu, Lagos
Dangote Cement took its joy spreading promo to Ikorodu in Lagos State, Nigeria’s commercial and financial capital, where
Adesina sworn in, begins second term as AfDB president
Nigeria’s Akinwunmi Adesina was today sworn in to mark the commencement of his second term of five years in office as president
Unpaid N18bn debt: contractors occupy finance ministry
Energy sapped contractors of the federal government who are yet to be paid for jobs executed several years after contract execution
Oil rises on sliding dollar and rising equities
Oil prices moved up on Tuesday, reversing overnight losses against the backdrop of an equities bull run and a sliding U.S. dollar.
CBN prescribes N5bn minimum capital base for payment service banks
The Central Bank of Nigeria (CBN) has set a minimum capital base of N5 billion for payment service banks (PSBs) and directed telecommunication companies, banking agents, retail chains and postal services to apply for licenses.
NERC to penalise TCN, Disos for under delivery, rejection of power
The Transmission Company of Nigeria (TCN) and the electricity distribution companies (Discos) will henceforth be sanctioned by the
Edo refinery targets $125m yearly earnings, set to reform state economy
Edo Refinery and Petrochemical Company Limited (ERPC) in conjunction with the Edo state government has set a target of $125 million
South African rand plunges as government struggles to revive economy
South Africa’s rand depreciated 2.1 per cent to 16.8229 to the dollar to emerge the most weakened currency against the dollar. This
Business a.m. newspaper: Monday, August 31 – Sunday, September 6, 2020
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S&P 500 in superlative outing as stocks gain
The S&P 500 hovered near record highs on Monday as bets on an economic revival due to prolonged central bank support put the index