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BUSINESS NEWS

Business and Economic News from Nigeria

The newly created divisions are a sign of the strong commitment of the World Bank to Africa.
Tether is still the only stablecoin with a market capitalization greater than $1 billion.
This was disclosed in a tweet post by the Minister of Aviation, Hadi Sirika.
Market breadth closed negative as CADBURY led 12 Gainers as against 22 Losers topped by NEIMETH.
This was disclosed by Petroleum Products Pricing Regulatory Agency (PPPRA) in a circular.
Fidelity Bank Plc is expected to release its half-year 2020 financial statement on or before August 29, 2020.
The group owns private universities in Morocco, Tunisia, Mauritius, South Africa, Zambia, and Zimbabwe.
Note that this was the first time Ecobank Transnational Incorporated would be holding its AGM by proxies.
The importation of petroleum products has remained a major financial burden to Nigeria.
They talked on “ways of cooperation to enhance the stability “ of the Crude market.
The volatility and uncertainty of the forex market seem to persist due to liquidity shortages across markets. 
IMF's data showed that global reserves dipped to $11.731 trillion from $11.824 trillion in Q4 2019.