Nigerian banks see stability returning
Businessam Staff
May 16, 2017
* Target manufacturing, agriculture, infrastructure… Nigerian banks are uptick that the economy is past the worst of what most described as “the most severe downturn in 25 years”, according to Renaissance Capital’s findings from its 8th annual Pan-Africa Investors conference, which held in Lagos recently. According to the research firm, the return of stability in […]
“If you’re hit by cyberattack, don’t pay the ransom,” Europolice warn
Businessam StaffMay 15, 2017
European authorities have warned everyone hit by the worldwide cyberattack never to consider paying the ransom. The attack has hit at least 150 countries since Friday and infected 200,000 machines, according to the European law enforcement agency Europol. The WannaCry worm locks users out of their computers and demands that victims pay hundreds of dollars […]
Oil rises after Saudis, Russia agree supply cut to be extended
Businessam StaffMay 15, 2017
Oil prices jumped 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut would be extended from the middle of this year until March 2018. Brent crude was at $51.58 per barrel at 0621 GMT, up 74 cents, or 1.46 […]
U.S. fails to reassure Europe, Japan over ‘Trumponomics’
Businessam StaffMay 14, 2017
The United States said on Saturday the world’s other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained worried about Washington’s shift. Officials from the Group of Seven nations met in southern Italy hoping to hear more about Trump’s plans which they fear will […]
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 export-oriented strategy for it to take Nigeria out of the current economic situation. Soludo, who spoke in a keynote address at the eight annual Pan-Africa Investor Conference organised by Renaissance Capital, an international investment bank, […]
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 currency is fixed officially at N306 to the dollar has become redundant, adding that it become an instrument for rent seekers and arbitrary allocation of scarce foreign exchange in the country. To this end, […]
UFC 229 Live Stream: How to Watch [McGregor vs. Khabib] Online
Adesola AfolabiOctober 6, 2000
Watch UFC 229: Khabib vs. McGregor press conference live at 6PM EST…UFC 229 LIVE STREAM: How to watch Conor McGregor fight Khabib online and TV…Video: Watch today’s UFC 229 ceremonial weigh-ins live on MMAjunkie at 8 p.m. ET…Video: Watch today’s UFC 229 ceremonial weigh-ins live on MMAjunkie at 8 p.m. ET Watch : https://t.co/GqKALjkyJq […]