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BUSINESS NEWS
Business and Economic News from Nigeria
Twitter says it might pay employees in bitcoin if they should ask to be paid by such means.
It remains to be seen how Airtel Nigeria plans to cover the losses of Q3 2020 in its Q4 2020 financial results.
The Federal Government has disclosed plans to replace the Bank Verification Number (BVN) with the National Identity Number (NIN).
The price of petrol may experience an upward adjustment as oil price nears $60.
The CBN may need to look at the implication of this policy holistically while carrying stakeholders along.
Tesla has just disclosed it has made $1.5 billion worth of investments in Bitcoin.
The Transportation Minister has disclosed that the Kano-Maradi railway project will cost the Federal Government $1.9 billion.
Bitcoin traded at $38,371.01 with a daily trading volume of $63.1 billion and is down 0.62% for the day.
The CBN is said to have been warned by the FBI on the activities of fraudsters using cryptos to illegally bring in funds into the country.
World Bank has approved $500 million to support DisCos in Nigeria.
Oil spills have continued to constitute a source of environmental degradation in the NigerDelta over the years.
Nigeria is expected to earn about $500 million from the signature bonuses to be awarded for 57 marginal oilfields in the country.