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BUSINESS NEWS

Business and Economic News from Nigeria

Bitcoin price today is $37,683.75  with a daily trading volume of $80,473,563,591.
With the signing of the Finance Act 2020 into law recently, FG can now borrow from the unclaimed dividends and dormant bank account balances.
Employees have been advised to urge their employers to stop deducting PAYE from their salaries.
NTA has long become a shadow of itself despite huge investments from the federal government over the years.
The spate of housing construction in several locations in Lagos is bringing hope of an imminent recovery in the sector in 2021.
Chinese Foreign Minister has called on Chinese companies operating in Nigeria to respect and obey the laws of their host-country.
Dr Yusuf emphasized that the government should ensure there is a smooth transitioning to the new tariff pricing regime.
The World Bank expects growth in Nigeria to resume at 1.1% in 2021 but fears the rebound could be affected by lower oil production due to quotas.
Jed McCaleb was able to gain $411 million in XRP sales throughout 2020 bringing his total gains from selling XRP to $546 million.
The Minister disclosed that the NPHCDA is currently assessing gaps related to challenges in the distribution of COVID-19 vaccine.
The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday, closing at N393.83/$1.
C&I Leasing Plc has announced the purchase of 313,326,316 units of the Neoma Africa Fund L.L.C by Peace Mass Transit Limited.