British pound rises against dollar after UK July retail sales beat analyst expectations
Businessam StaffAugust 17, 2017
The British pound rose against the dollar Thursday after official figures showed United Kingdom’s retail sales beat expectations in
Quoted companies to save N1bn from printing of annual reports, says SEC
Businessam StaffAugust 16, 2017
The Securities and Exchange Commission (SEC) Wednesday said quoted companies would save one billion naira from the printing and
Bitcoin is literally soaring into space after rocket-like surge
Businessam StaffAugust 16, 2017
Space-like adjectives are often used to describe Bitcoin’s stratospheric price rise. Now there may be some truth in those
Nigerian naira depreciates 0.27% on the street as traders worry over thinning margins
Oluwafemi OgunjobiAugust 15, 2017
Nigeria’s currency, the naira, Tuesday depreciated at the parallel market, losing 0.27 percent to N368 to the dollar from N367 it
Bitcoin surges past $4,000 on speed breakthrough
Businessam StaffAugust 14, 2017
Bitcoin soared past $4,000 for the first time on growing optimism faster transaction times will hasten the spread of the
Banks lead relief rally for European stocks, RWE jumps
Businessam StaffAugust 14, 2017
European shares enjoyed a relief rally Monday after geopolitical tension had sent them to their worst weekly losses of the year. The
Correction week begins Monday for India markets
Businessam StaffAugust 13, 2017
Indian markets posted their biggest weekly decline in 18 months as several worries dominated the street, beginning with the escalation
Dubai investment bank, Shuaa, to shine as Gulf markets stay quiet
Businessam StaffAugust 13, 2017
Stock markets in the Gulf may be quiet on Sunday as investors are reluctant to invest aggressively but Dubai investment bank, Shuaa
New York gets Saudi Arabia edge in Aramco’s listing ahead London
Businessam StaffAugust 11, 2017
Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers
Buoyant bitcoin stirs crypto-bubble fears
Businessam StaffAugust 10, 2017
Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.