By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Sage, market leader for integrated accounting, payroll and payment systems on Thursday said with sub-$50 smartphones on the way, rapid improvements to telecom infrastructure, and the availability of affordable cloud applications, the mobile Internet is rapidly transforming the way that Nigeria does business. Magnus Nmonwu […]
Tag: Business
U.S. Banks Ease Loan Standards in Fed Survey as Demand Rises
Banks in the U.S. saw increased demand from businesses and consumers for lending and in turn made those loans more readily available, according to a Federal Reserve report. “Domestic banks, on balance, reported having eased their lending standards on many types of business and consumer loans and having experienced increases […]
SAC agrees to sell reinsurance business to investor group
A group of investors led by insurance-industry veteran Brian Duperreault struck a deal to buy billionaire trader Steven A. Cohen’s SAC Capital Advisors LP’s reinsurance business. The deal for Bermuda-based SAC Re Ltd. is expected to close in December, a spokesman representing Duperreault and the investor group said on […]
