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BUSINESS NEWS
Business and Economic News from Nigeria
Ethereum was trading at $1,092 at press time dropping as much as 20.07% on the day.
Bitcoin bears took hold of the world's most popular crypto, as it dropped as much as $4,000 when it was trading at $41,000 on Sunday afternoon.
Cutix Plc has projected that its revenue will double and profit will increase by 9% to N148 million.
Raysun Nigeria Limited spent N4.95 billion to acquire additional shares of the Champions Breweries Plc.
Gombe State has announced it generated its highest-ever IGR of N8.4billion in 2020.
The world's flagship crypto Bitcoin impressive gains partly responsible for seeing massive investors outflows from another popular inflation hedge gold.
As Bitcoin’s price trades above $40,000, an unknown Bitcoin whale moved about $511million worth of the crypto.
About 51.6 million Ether wallets are now in a state of profit. Ethereum is up 7.61% for the day.
Sub-Saharan Africa’s economies dipped by 3.7% in 2020 as a result of the COVID-19 pandemic and lockdown measures.
Elon Musk is now the first person in modern history to ever surpass a wealth valuation of over $200 billion.
Crypto trading is becoming particularly very risky, which is perfectly outlined by the number of total liquidations in the past few days
DF Holdings has spent a cumulative sum of N555.3 million on 474.6 million shares of AIICO Insurance Plc.