Business

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

June 26, 2018

U.S. To Slam Restrictions On Chinese Investments As Trade Dispute Escalates

President Donald Trump this week is due to launch the next phase of his economic confrontation with Beijing, with new restrictions on Chinese investments to clamp […]
June 26, 2018

AMCON to divest from Aero Contractors

The Asset Management Corporation of Nigeria is set to divest its interest in Aero Contractors, the Chief Executive Officer of the airline, Capt. Ado Sanusi, has […]
June 25, 2018

China cuts bank reserves by $100bn to cushion US tariffs

China is cutting the amount of reserves the country’s banks are required to keep on deposit at the central bank, freeing up more than $100bn to […]
June 25, 2018

Interbank Lending Falls As Nigerian Govt Redeems N444 Billion T-Bills

There was near excess in the quantity of money in circulation last week, save for the increased mop up exercise by the Central Bank of Nigeria […]
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