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BUSINESS NEWS
Business and Economic News from Nigeria
Ethereum was trading at $650.87 by 03:10am GMT on Thursday, up 10.01% on the day, it's largest one-day percentage gain since August 1.
The Central Bank of Nigeria has issued additional guidelines for diaspora remittances in the country
The House of Reps has called on NCC to extend by 10 weeks to enable subscribers to procure their NINs.
The CBN has notified the general public that neither Azimo nor Transfer Wise is licensed by it to operate as an IMTOs.
On a m/m basis, the headline inflation index increased by 1.60% in November, 0.06ppt higher than October’s 1.54%.
Bitcoin's price traded at $19,702.04 with a daily trading volume of $27 billion. Bitcoin is up 2.04% for the day
Experts have given their views on the sectors that would drive the growth of the Nigerian economy in 2021 post-AfCFTA.
Afreximbank will use the $500 million proceeds from the signed agreement with MUFG Bank for its Pandemic Trade Impact Mitigation Facility.
New CBN policy directing exporters to present the NXP number before exporting is currently causing a setback for international trade.
Inability to access foreign exchange is affecting oil marketers' resumption of importation of products.
Gbenga Oyebode has been announced by PZ Cussons Nigeria as a Non-Executive Director and Chairman of the Board.
The UN has stated that due to the pandemic, Africa's economy will decline by 4.1% in 2020 and then rebound by 5% in 2021.