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BUSINESS NEWS
Business and Economic News from Nigeria
At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N463/$1 on Monday.
MTN Nigeria has announced the appointment of Karl Toriola as new CEO designate, to replace Ferdi Moolman.
UEFA has decided to cut prize money for the Champions League and Europa League competitions due to the financial impact of the COVID-19 pandemic.
Ridwan Olalere, General Manager of Uber Nigeria chats with Nairametrics on the challenges in the transport industry, amongst several other issues.
BTC whale moved about 18,901 BTC estimated to be worth about $244million, some hours ago.
The number of Ethereum addresses (EOAs) holding at least 0.1 ETH just crossed the 10,261,111 million mark for the first time.
MTN and 9mobile have been granted approval by the NCC to carry out a trial on national roaming services for a period of 3 months.
At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N463/$1 on Friday.
While the current prevailing rate of 2% might not be good news for investors, the low rates could be better for the Nigerian economy.
Binance Labs, the investment and incubation arm of Binance, has made a strategic investment in Audius.
The CBN has urged the DMBs to allow zero balance for the opening of new accounts.
The central bank debited Nigerian banks N917.5 billion last week in its latest CRR action.