Bloomberg Nigerian central bank Governor Godwin Emefiele’s tight monetary-policy stance and system of multiple exchange rates may have paid off through slowing inflation and a stable naira, and he’s not about to change that soon. The MPC has kept its benchmark interest rate at a record 14 percent since July 2016 despite calls to lower rates to support economic growth. …

Bloomberg Best Buy Co.’s turnaround journey only gets harder from here. The retailer, which is rolling out new offerings to grab more of its customers’ spending, faces a suite of challenges: tougher year-ago comparisons, the continued encroachment of Amazon.com Inc. and the cost of launching a new tech-support program. The consumer spending boost fuelled by the recent tax cuts in …

Bloomberg United Continental Holdings Inc.’s board named former Federal Aviation Administration (FAA) boss Jane Garvey to be chairman, as the carrier works to improve operations and close a profit gap with rivals. Garvey succeeds Robert Milton, a former Air Canada chief executive officer who led United’s board for two years and announced plans last month to step down. Garvey, who …