InisdeBusiness

Chinese foreign trade fell 9.3 per cent in May compared to the same period last year, Chinese customs officials said in Beijing on Sunday. Exports fell 3.3 per cent calculated in U.S. dollars, while imports fell by as much as…

Following the announcement of the 5th edition of the Big Brother Naija reality TV show, housemates of the 4th edition will be reuniting after a year since the last season. The 26 former housemates of the Pepper Dem themed season will be…

African thought leaders and great minds have noted that the development of homegrown solutions, adequate investment in human capacity building and agricultural expansion are key steps that will help to rebuild Africa and put the continent…

The Rapid Finance Instrument (RFI) from the International Monetary Fund (IMF) last week sustained the growth of Nigeria’s foreign exchange (FX) reserves for the third straight week ended May 22, growing by $14.92 million WTD to $35.67…

Energy major Total has been told by Occidental that it cannot acquire oil and gas assets in Algeria that were part of an $8.8 billion deal reached by the companies on Anadarko’s assets in Africa. “Occidental officially told us that we…

Despite keeping its borders open for goods shipments during the coronavirus pandemic, Canadian trade fell in March while its trade deficit widened to Can$1.4 billion (US$1 billion), according to data released Tuesday. The figure, up from…

Intercontinental Distillers Limited (IDL) has donated relief materials to Lagos state Government to cushion the effect of coronavirus pandemic, which necessitated a lockdown in the state. The General Manager of the company, Mr.…

English Football League chairman Rick Parry has said the current season needs to be concluded before 31 July and that clubs face a "£200m hole" by September. The former Liverpool chief executive admitted the EFL needed a "proper reset…

Britain begins post-Brexit trade talks with the United States on Tuesday, with 100 negotiators on each side joining via videoconference. Many in Prime Minister Boris Johnson’s Conservative government hope for a free trade agreement with…

Apple Inc (AAPL.O) on Monday capitalized on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to do so to fund stock buybacks and…