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BUSINESS NEWS
Business and Economic News from Nigeria
Lafarge got a major boost from an increase in its cement revenue-generating unit, but revenues from aggregate and concrete decreased.
Bitcoin, from $0.06 in September 2010 exploded to its current price of around $13,000, representing a surge of over 26,600,000%.
Kelly Bayer Rosmarin has been appointed by Airtel Nigeria Plc as a Non-Executive Director.
Microsoft shares dropped about 2% after the tech juggernaut gave unimpressive revenue guidance.
America's JPMorgan Chase has given valuable insights on why it believes the odds are with Bitcoin.
President Buhari has approved free business name registration with the CAC for 250,000 businesses across the nation.
The increase in profit before tax was largely driven by the agro-allied segment.
The massive destruction of both public and private property has sparked worries on the ability of the insurance sector to cope with the expected number of claims.
The U.S dollar dropped amid worries about the second wave of COVID-19 caseloads in the emerged markets.
The manufacturing sector contracted for the sixth consecutive month as 8 subsectors contracted out of 14.
CAP Plc and Portland Paints have taken a decision to merge their respective businesses in accordance with applicable laws.
In the 2021 financial year, the task before the company is to drive its strategic objectives to bring the company back to profitability.