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BUSINESS NEWS
Business and Economic News from Nigeria
ExxonMobil has lifted a force majeure on Nigeria’s Qua Iboe crude oil exports as production resumes.
The CN has announced plans to discontinue the use of old cheque books with effect from March 31, 2021.
The new circular explains who diaspora remittances are to be paid to beneficiaries in Nigeria only in foreign currency and not naira.
Microstrategy bought 314 more Bitcoin valued at $10 million, momentarily pushing prices above $32,000.
Financial market experts talk on what Nigerian stocks Warren Buffet may likely consider, based on his unique principles.
The Minister of Finance has disclosed that the FG wants to sell some of its assets to fund the 2021 Budget.
The Federal Ministry of Finance has told the NEC that the Excess Crude Account (ECA) now stands at $72.4 million as at January 20, 2021.
Increased buying pressure from large pocket investors might be the significant force driving the scarcity of Bitcoin.
More COVID-19 relief programs pushed the yellow metal’s appeal up as an inflation hedge.
McCaleb the co-founder of Ripple sold 28.6 million XRP — roughly $8.5 million
The exchange rate between the naira and the dollar appreciated marginally closing at N393.35/$1.
U.S Treasury Secretary nominee, Janet Yellen has referred to cryptos to be of a “particular concern”.