Businessam Staff
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Wall Street drops as investors worry about retail
Businessam StaffMay 11, 2017
U.S. stocks fell on Thursday after worse-than-expected sales drops at Macy’s and Kohl’s sparked a selloff in shares of
CBN tasks other financial institutions on proper rendition of returns
Businessam StaffMay 11, 2017
The Central Bank of Nigeria (CBN) has tasked other financial institutions (OFIs) on proper and prompt rendition of returns for it to
Soludo urges CBN to adopt an export-oriented industrial strategy, says current exchange regime redundant
Businessam StaffMay 11, 2017
Charles Soludo, former governor of the Central Bank of Nigeria (CBN) has urged the financial services regulator to adopt an
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,
In Nigeria bust, 33-Cent/Hour job doesn’t guarantee getting pay
Businessam StaffMay 11, 2017
On days when Dayo Fabajo’s bosses can’t afford to pay the 1,250 naira ($4) wage she earns for a 12-hour shift packing biscuits, they
CBN Official exchange rate redundant, says Soludo
Businessam StaffMay 11, 2017
Charles Soludo, former governor of the Central Bank of Nigeria (CBN) has said that the current exchange regime where the nation’s
Benzoic acid and soft drinks: Of emotions, exaggerations and misrepresentations
Businessam StaffMay 11, 2017
By Steve Omanufeme Reactionary statements in the past few weeks on the possible harm of taking Fanta and Sprite due to levels of
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
Snap shares plummet as investors mark down first earnings report
Businessam StaffMay 11, 2017
Snap Inc (SNAP.N) shares plunged on Wednesday after the owner of Snapchat reported slowing user growth and revenue in its first
Wall Street mixed after Trump fires FBI head; Nasdaq hits record high
Businessam StaffMay 11, 2017
U.S. stocks were mixed on Wednesday as investors digested President Donald Trump’s abrupt dismissal of his FBI chief as well as