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BUSINESS NEWS
Business and Economic News from Nigeria
Libra cryptocurrency platform will now support various versions of digital coins, most of which will be backed by individual fiat currencies
Despite the deal by the OPEC and its allies, in addition to the intervention of US President, the volatility of the oil market still continues unabated.
The founder of Slack, Stewart Butterfield, has taken a swipe at Microsoft after Slack gained 2 million users in about two weeks.
The alliance of OPEC+ producers, G-20 energy ministers and other oil producers reached a landmark deal which could cut close to 15.0mb/d from global oil supply.
Out of the 70 potential vaccines, 3 are already being tested on humans.
There may soon be healthcare robots that are capable of holding a conversation with more than one person at a time.
The meeting with OPEC and its OPEC+ countries took a u-turn late on Thursday after Mexico refused to...
The dreaded Coronavirus pandemic is expected to drive Sub-Saharan Africa into its first recession in 25 years.
Saudi Arabia and Russia have struck a deal on a deep output cut.
Brent crude was up 3.05%, or $1.08, at $33.83 at 9.30 am Nigerian time, having climbed up as much as 5% the day before.
The AfDB has announced the provision of a $10 billion COVID-19 Response Facility for Nigeria and other regional member countries to help fight the coronavirus pandemic.
One of the latest investments in the search for a vaccine for COVID-19 is $20 million from partners in the COVID-19 Therapeutics Accelerator.