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BUSINESS NEWS

Business and Economic News from Nigeria

Tesla stocks rallied higher at the end of Tuesday's trading session gaining as much as 5% as the stock settled at $849.
The FG has insisted that its policy on the removal of subsidies on fuel and electricity in the 2021 budget remains.
Nigeria's external reserves rose to the highest level since July 2020
Ripple announced via a Job listing site it was looking to hire three central bank technical partner managers.
Lawan has assured Nigerians that the Senate will prioritise the PIB when it resumes sitting later in the month.
The FG reported a revenue shortfall of 27% in 2020 increasing the amount of money borrowed by the government to finance its budget.
The CAC has announced the commencement of the implementations of CAMA 2020.
To fund the 2020 budget, FG borrowed N2.8 trillion from CBN
Deutsch Bank announced that it will cut ties with President Donald Trump following the invasion of the Capitol building.
2020 has no doubt been one of the most challenging years for players in the oil and gas downstream sector, having to deal with several issues.
In less than eight hours, bitcoin surged from $30,300 to $35,400 and still showed no signs of slowing down.
Investments from Square, Paul Tudor Jones, MassMutual, and SkyBridge Capital are further indisputable evidence of such investors