Business

This is a general business interest blog that spans across finance, economy, manufacturing, commerce and stocks locally and beyond.

June 25, 2020

Olympus hangs boot on camera business after 84 years

Olympus, once one of the world’s biggest camera brands, is selling off that part of its business after 84 years. The firm said that despite its […]
June 25, 2020

COVID-19: US states backpedals, reimpose measures as cases surge

With coronavirus cases surging across the US South and West, officials are once again imposing tough measures, from stay-at-home advice in worst-hit states to quarantines to […]
June 25, 2020

FEC approves N2.3 trillion stimulus plan for Nigerian economy

The Federal Executive Council (FEC) has approved the Nigeria Economic Sustainability Plan (NESP) as recommended by the economic sustainability committee led by Vice President Yemi Osinbajo. […]
June 25, 2020

Global GDP to shrink by 4.9% in 2020 – IMF

The International Monetary Fund (IMF) has downgraded its projection for the world’s economy to 4.9%, which is more than 3% from its initial prediction in April.  […]
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