Despite Reserve Bank’s caution, 2,500 Indians investing in Bitcoins daily
Businessam Staff
May 17, 2017
Despite the Reserve Bank’s call for caution to people against the use of virtual currencies, a domestic Bitcoin exchange today said it is adding over 2,500 users a day and has reached five lakh downloads. Zebpay, an app-absed Bitcoin exchange, said it has had five lakh downloads on the Android operating system and is adding […]
The top 10 countries in the world for conservation have been revealed (Pictures+Video)
Businessam StaffMay 16, 2017
A team of scientists has put together a list of the countries that are doing the most to help conserve wildlife in its natural habitat. Surprisingly, it’s not necessarily the richest countries that are doing the most … but instead, it’s the ones who rely most on animal tourism and travel. Botswana is top at […]
NPA, Dangote, Flour Mills to raise N4.5bn for access roads reconstruction at Apapa
Businessam StaffMay 16, 2017
The Nigerian Ports Authority (NPA) has indicated that it plans to raise N4.3 billion, in conjunction with Dangote and Flour Mills, for the reconstruction of access roads around Apapa as port operators withdrew services over poor infrastructure. Hadiza Usman, managing director of NPA, disclosed this at a stakeholders’ meeting in Lagos on Monday, saying NPA […]
Cruises boom as millions of Chinese take to the seas
Businessam StaffMay 15, 2017
Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy play in the playground, with breaks for meals and his afternoon nap and perhaps a little TV in the evening. That’s not unusual for a Chinese retiree, many of whom play an instrumental role in […]
China’s President Xi says Belt and Road summit reaches consensus, achieves positive outcomes
Businessam StaffMay 15, 2017
China’s first ever Belt and Road summit, held in Beijing over the last two days, has reached a broad consensus and achieved positive outcomes, President Xi Jinping said on Monday. Xi’s signature foreign policy, the Belt and Road initiative, will not base cooperation on ideological grounds but will be open and inclusive, the Chinese president […]
Banks depict South African Rand probe as vague, embarrassing
Businessam StaffMay 11, 2017
Some of the banks accused of manipulating trades in the rand are objecting to the complaint by South Africa’s Competition Commission, calling it vague and embarrassing, and demanding it be amended or dropped “The commission has failed to plead the material facts necessary to sustain the allegation that there was an agreement, or agreements,” between […]
Zambia expects $1.6 billion IMF deal to be sealed before July
Businessam StaffMay 11, 2017
Zambia will conclude a deal with the International Monetary Fund for as much as $1.6 billion by the end of June, Finance Minister Felix Mutati said. “We will conclude by the end of the second quarter,” Mutati said in an interview Wednesday in Nairobi, the Kenyan capital. “There is no question on whether the deal […]
FBI chief aimed to expand Russia probe before Trump fired him- Source reveals
Businessam StaffMay 11, 2017
A congressional source with knowledge of the matter said Comey told lawmakers within the past few days he had asked the Justice Department for additional resources – mainly more staffing – for the Russia probe. Comey informed lawmakers of that request after the Senate intelligence committee, conducting its own investigation, had asked the FBI to […]
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Adesola AfolabiSeptember 13, 2016
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