KAM Steel buys SMC’s plant, to create 10,000 jobs in months
David Onome Amuge
September 2, 2020
By Onome Amuge KAM Steel Integrated Company Limited, the Nigerian indigenous steel and allied manufacturing company has purchased a
Ellah Lakes pushes expansion plan, IMC Plantations acquisition in sight
Businessam StaffAugust 20, 2020
Charles Abuede Barely 15 months after the full acquisition of Telluria Farms in 2019, Ellah Lakes Plc, Nigeria’s leading oil palm
IHS Holdings talk up $7bn potentially largest African firm US listings via IPO
Aderemi OjekunleAugust 19, 2020
IHS Holding Limited, Africa’s wireless towers operator, has given hint yet that it is exploring a potential registered initial public
US stock index futures point to slightly lower open
Businessam StaffDecember 18, 2019
At around 2:45 a.m. ET, Dow futures dipped 12 points, indicating a negative open of more than 7 points. Futures on the S&P and
Standard Chartered removes charges for ATM withdrawals, transfers
Businessam StaffDecember 10, 2019
Standard Chartered Bank has said bank customers can withdraw money from any of its automated teller machines without being charged
Manufacturing index rises to 59.3 point for 32nd consecutive month
Businessam StaffNovember 28, 2019
The manufacturing purchasing managers’ Index (PMI) in the month of November stood at 59.3 index points, indicating expansion in the
FG reviews N50 stamp duty charge to transactions above N10,000
Businessam StaffNovember 28, 2019
The Nigerian government has reviewed its policy on stamp duty charges, levied on electronic payments. According to Punch, the new
FG vows to leave borders closed till Benin, Niger meet Nigeria’s conditions
Businessam StaffNovember 26, 2019
The Republics of Benin and Niger have failed to meet the conditions for the reopening of Nigeria’s land borders, according to Punch.