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Home Business News

World Business Today

Editor by Editor
December 22, 2015
in Business News
Group blames National Assembly on PIB delay, other issues
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1.Dollar Index Poised for Worst Month Since April:
Dollar Index Poised for Worst Month Since April as investors, priced in a measured stride of policy tightening by the Federal Reserve..

2.Bill Gates in the lead again:
Bill Gates lead a 2015 list of the biggest insider sellers that is dominated by tech company founders.He sold more than $1.5 billion (£1 billion) of Microsoft stock this year.

3.Star Wars: The Force Awakens” smashes box-office records:
“Star Wars: The Force Awakens” smashes box-office records, taking in $529 million (£355 million) worldwide opening weekend.

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4.China’s outbound procurement spree in 2015 helps push Asia-Pacific’s annual deal value to a record breaking amount:
China’s outbound procurement spree in 2015 helped push Asia-Pacific’s annual deal value past $1 trillion ($670 billion) for the first time.

5.Family Bank of Kenya Suspends 9 Workers in Corruption Probe:
Family Bank Ltd. of Kenya Suspends 9 Workers in Corruption Probe until they are cleared by state authorities of involvement in a graft scandal that is under investigation.

6.Fayemi to unveils robust plan to develop mining sector:

The Minister of solid minerals development Dr.Fayemi to unveil robust plan to develop Nigeria’s N400bn mining sector,this week.

7.BHP Billiton Raises Fatality From Brazilian Dam Burst:
BHP Billiton Ltd. this week raised the Fatality from the catastrophic dam burst at a mine in Brazil last month to 17 and promised to publicly release the findings of an external investigation into the cause of the disaster.

8.China Shares Diminished After Beijing Releases Latest Economic Blueprint
China shares diminished this week, after beijing releases latest economic blueprint.The Shanghai Composite Index closed up 0.3% to 3651.77, while China’s onshore yuan stabilized against the U.S. dollar following a period of depreciation.

9.JPMorgan is paying $150 million (£100.7 million) to settle investor:
JPMorgan is paying $150 million (£100.7 million) to settle investor claims that it hid from them as much as $6.2 billion (£4.1 billion) in losses caused by a trader dubbed the London Whale,Bloomberg:

10.N/ Assembly on lock down as Buhari presents 2016 budget:
N/ Assembly on lock down as Buhari presents 2016 budget, all staff of the legislative chamber and private business concerns within the premises, have been directed to stay out of the Complex.

Editor

Editor

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  • IMF flags cross-border crypto risks for Nigeria as global market surges 1,511% in five years 
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IMF projects reduced economic growth for Sub-Saharan Africa

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July 9, 2025
Trump halts tariff hikes on most trade partners, raises China duties to 125% 

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July 9, 2025
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