Thursday, June 18, 2026
A stock and a hard place: SoftBank’s $150 billion Alibaba warchest in public eye
SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm’s $150 billion stake in e-commerce...
Read moreDetailsEIA reports hefty oil inventory build
Crude oil prices hesitated today after the Energy Information Administration reported a US oil inventory build of 7.5 million barrels for the...
Read moreDetailsNigeria, Ethiopia sign visa waiver agreement, MoU on defence cooperation
Nigeria and Ethiopia have signed a visa waiver agreement for diplomatic and official passport holders, and a Memorandum of Understanding...
Read moreDetailsPhoto story: Sifax holds staff retreat on 5-year strategic plan
L-R: Adekunle Oyinloye, group managing director, SIFAX Group; John Jenkins, managing director, Ports & Cargo Handling Services Limited, a subsidiary...
Read moreDetailsGlobal oil demand growth is evaporating
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic...
Read moreDetailsLADOL battles NPA over revocation of oil logistics zone
By Samson Echenim Leading indigenous oil and gas logistics provider, Lagos Deep Offshore Logistics Base (LADOL) has dragged the Nigerian...
Read moreDetailsUpstream sector leads global oil & gas M&A deals
By Samson Echenim The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and...
Read moreDetailsFriesland, Nestle, Promasidor, 3 others get CBN licence to import milk
By Samson Echenim The Central Bank of Nigeria (CBN) on Tuesday announced that only six manufacturing firms could import milk...
Read moreDetailsECOWAS probes Nigeria border closure as FG seeks extension of ‘Eco’ currency implementation
By Samson Echenim The Economic Community of West African States (ECOWAS) has set up a committee to probe closure of...
Read moreDetailsWhy Petroleum Industry Bill needs to be passed by mid-2020, highlights Timipre Sylva
The Minister of State for Petroleum Resources, Timipre Sylva has disclosed that a new Petroleum Industry Bill (PIB) would be sent to the...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.