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BUSINESS NEWS

Business and Economic News from Nigeria

Brent crude gained 1.1%, to trade at $41.73 a barrel by 6:30 am Nigerian local time.
From a macro level, this increase in the number of BTC whales can be considered bullish.
The Exchange continues to implement its commitment to provide a platform to raise capital.
The American Dollar Index tracks the dollar’s strength relatively against a bouquet of other major currencies.
Ethereum is a decentralized system, fully independent, and not under anybody’s authority.
Across sectors, three of the five indexes under our coverage closed in the red.
The company admitted that the hospitality industry is one of the hardest hit of the COVID-19 pandemic. 
The Nigerian banking system has been through two major asset quality crisis.
The Covid-19 economic lockdown impacted negatively on investor inflow into Nigeria.
Coinbase, Binance, and Kraken have the most active firms in acquisitions.
The CBN warned the public to stop any form of correspondence with the fake Twitter handle.
The rise in demand and contrasting drop in supply has called for another round of devaluation...