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BUSINESS NEWS
Business and Economic News from Nigeria
Equities market recorded negative performance in the first quarter of the year, with the ASI posting a quarterly return of -20.65% in Q1’2020.
Transcorp signed an agreement with Efora Energy to settle all existing legal disputes around its Oil Prospecting Licence 281.
An anonymous person recently moved 13,912 BTC, estimated to be worth about $224M.
The Naira depreciated against the dollar to close at N468/$1 on Thursday at the black market.
A market-wide circuit breaker kicked in today when the NSE All-Share Index rose beyond the set threshold of 5%.
Sony Corp, today launched its long-awaited PlayStation 5 console amid the COVID-19 pandemic.
Statistician to the Ghanaian Government disclosed that Ghana's inflation rate reduced from 10.4% in September to 10.1% in October.
According to the affidavit, the investigation showed that the owners of the accounts may have been involved in terrorist activities.
Ant Group could see its valuation dropping as much as $150 billion after its public listing was postponed.
Mr. Emefiele has disclosed how the closure of courts during the pandemic affected revenue generation streams for the courts.
Data retrieved from BTC Bitcoin Block Bot revealed Someone moved 19,961 BTC ($307M) in block 656,351
President of the Dallas Federal Reserve hinted that it was time for the US Federal Reserve to begin work on a crypto dollar.