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BUSINESS NEWS
Business and Economic News from Nigeria
A Luxembourg company has signed an Expression of Interest agreement with the FG to invest in gold mining in Nigeria.
Six new insurance firms and one reinsurance company have been issued operational licenses by the National Insurance Commission (NAICOM).
A precursory analysis of the firm’s quarter results indicates that revenue went up 93.9% to N17.39 billion from N8.97 billion in the same period in 2019.
Analysts in KPMG Nigeria have stated that there are 10 macro trends that will determine the fate of the nation's economy next year.
Ripple's crypto-asset, XRP was trading at $0.62215 by 00:01 (05:01 GMT) down 10.29% on the day.
KLM Royal Dutch Airlines and Air France have announced they will gradually resume flight operations to Abuja and Lagos.
PayPal CEO, Mr. Schulman recently hinted the company will allow the usage of crypto funding for 28 million merchants.
The highlight of the occasion was the presentation of the Staff of the Year Award to Mr Chuks Osuya by the Group Chief Executive.
For the second consecutive week, the New Gold ETF, which trades on the Nigerian market has suffered huge outflows.
The number of addresses holding 1k+ coins just reached an ATH of 2,257.
Oil traders hoping on OPEC+ meeting scheduled to hold in some days time could see the organisation extend current cuts by 3-6 months.
NEPC says it is working with FG to recover payments of N124 billion backlog of claims under the Export Expansion Grant scheme.