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BUSINESS NEWS

Business and Economic News from Nigeria

The CBN has authorized commercial banks to give up to N2 billion maximum as loans to youths interested in going into agriculture.
At the black market, the Naira depreciated against the dollar to close at N475/$1 on Monday.
The Naira depreciated against the dollar to close at N470/$1 at the black market.
Adidas has reported an improved third quarter as it continues to recover from the impacts of the COVID-19.
PayPal allows its millions of users in the US to purchase sell and store Ethereum, Bitcoin Cash, Bitcoin and Litecoin.
Tether whales moved 100 million USDT from different crypto exchanges to different wallets in less than 24 hours ago.
Ant Group's world's biggest IPO was reportedly halted by the President of China.
The inflation rate in Nigeria is largely driven by the cost of transportation.
Japaul Gold & Ventures Plc, formerly Japaul Oil and Maritime Services to partner with H&H Mines Limited to mine gold.
For the week, it lost 3.4%, its highest for a week since late September.
U.S. stocks recorded impressive gains as global traders bet bullish amid signs of a potentially effective COVID-19 vaccine
The value of the deal is said to be worth R1.8 billion.