NDDC to build new Police headquarters, barracks in Bayelsa
Ben EguzozieJuly 20, 2019
The Niger Delta Development Commission (NDDC) says it has concluded plans to construct a new headquarters and Police barracks for the
BlackRock’s Fink: CEOs tell me they’re pulling their supply chains out of China
Businessam StaffJuly 19, 2019
Companies are moving their supply chains out of China instead of waiting for a resolution of the trade war between Washington and
UK may be entering a full-blown recession, budget watchdog says
Businessam StaffJuly 18, 2019
Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country’s budget deficit next year,
European Central Bank set for a rate cut in September, economists predict
Businessam StaffJuly 18, 2019
The European Central Bank (ECB) will next week open the door to an interest rate cut for September, economists have predicted. The
EU goods trade surplus grows with U.S. as deficit with China widen
Businessam StaffJuly 18, 2019
The European Union’s trade surplus in goods with the United States and its deficit with China both increased in the first five months
Dutch government tips Dijsselbloem for top IMF job
Businessam StaffJuly 17, 2019
The Dutch government is campaigning for former finance minister Jeroen Dijsselbloem to be the next managing director of the
Afreximbank upbeat Nigeria would reap benefits at 2nd IATF, with potential $40bn trade, investment deals on offer
Ben Eguzozie with wire copyJuly 16, 2019
An upbeat Africa Export-Import Bank (Afreximbank), main promoter and organiser of the intra-African trade fair, known as the IATF,
Interest rate cut expectations persists amidst strong U.S. retail sales
Businessam StaffJuly 16, 2019
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, however this did not change market
U.S. factory output climbs more than expected as autos advance
Businessam StaffJuly 16, 2019
U.S. factory output rose by more than expected in June on a solid gain in motor-vehicle production, suggesting American manufacturing
Sterling hits lowest level since April 2017 as disorderly Brexit fears grow
Adesola AfolabiJuly 16, 2019
The pound plunged to new lows Tuesday after lackluster U.K. data compounded growing fears of a haphazard Brexit outcome at the end of