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BUSINESS NEWS
Business and Economic News from Nigeria
The Brent benchmark was trading down 4.81% on the day, or $3.12 down per barrel at $61.79 and later ended at $62.38 on Monday night.
Tech giants are surprisingly recording impressive gains despite a rotation into utility and energy-based stocks.
Gold prices drifted lower at the fourth trading session of the week.
XRP enthusiasts are currently holding on to the seventh most valuable crypto.
Visa Inc. has stated it will accept the use of the crypto in settling transactions on its payment network.
Growing concerns have been raised about the effect of the World’s largest maritime hold-up on the global economy, and Nigeria may not be left out.
Halix B.V which was contracted to manufacture AstraZeneca vaccines is managed by 35-year-old Dr Ernest Droege.
SNEPCO has appointed Elohor Aiboni as its first female Managing Director.
US fast-food franchise, Burger King has announced interest to open outlets in Nigeria.
The profit potential of Bitcoin has prompted many users to start Bitcoin trading.
British Airways has disclosed that it may sell its headquarters building following the adoption of remotely working since the Covid-19 pandemic.
Manchester City has become the latest football club to go Crypto and launch their own digital fan tokens.