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BUSINESS NEWS
Business and Economic News from Nigeria
Mobile money transfers have been instrumental in helping to curtail the spread of the highly-contagious COVID-19.
Mele Kyari disclosed that the failure to fix the refineries over the years was a strategy problem.
The use of BTCs has increased exponentially, triggered by the macro fundamentals changing in the present world.
An overwhelming 94.3% of businesses surveyed reported being negatively impacted by the COVID-19 pandemic
As of June 12, COVID-19 emergency packages have reached the continent’s five geographic regions.
With the government under pressure to earn dollars, reliance has shifted mostly towards foreign borrowing.
Recent dip is as a result of fears that a second wave of COVID-19 pandemic will disrupt the market.
This suggests almost all the revenue generated was used to meet debt service obligations.
The DMO expects to continue to raise funds through Sukuk to support improvement in infrastructure.
The Minister stated that China had assisted Nigeria by disbursing cash to fund infrastructure in the country.
The Financial Services industry led the activity chart with 814.292 million shares valued at N7.186 billion.
Bitcoin Whales are generally BTC market players with high amounts of BTCs in the Bitcoin market.