Good morning, here are the latest top business news headlines for today Thursday, February 2021.
Bitcoin Witnesses Surge In Price, Activity Increases On Network
Bitcoin’s impressive price surge has spilled over 2021 as the asset hit another all-time high while increasing activity on the network. The rise is can be attributed to when Telsa made an announcement concerning Bitcoin and the rise also reflected in the transaction fees.
Data presented by cryptocurrency trading simulator Crypto Parrot indicates that…Read more
COVID-19: Heineken To Retrench 8,000 Employees
Dutch brewing giant Heineken said on Wednesday it would cut around 8,000 jobs worldwide as the coronavirus pandemic kept much of the hospitality sector closed.
Heineken, the world’s number two brewer, said it recorded a net loss of…Read more
Lawmakers Summon NNPC, Others Over N3.9 Trillion Unremitted Income
The House of Representatives Committee on Public Accounts has summoned the Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mr. Mele Kyari, over an audit query issued by the Office of the Auditor General of the Federation.
Kyari, who is expected to appear at the floor of the House on Thursday, was queried for…Read more
311,000 Beneficiaries Benefit From Payroll Support Programme – BOI
Through the federal government’s Payroll Support programme, 311,000 beneficiaries have received funding, while more than 64,000 companies have been verified, according to the Bank of Industry (BOI).
This was disclosed by BOI’s Stakeholder Engagement Representative…Read more
Why We Are Linking Nigeria, Niger By Rail Line – Buhari
President Muhammadu Buhari has given reason for the plan to construct a rail line connecting Nigeria to the Niger Republic.
He said that the rail line would create an “end-to-end logistic supply chain” in the…Read more
How Nigeria Can Take Advantage Of China’s $22trn Market
Highlighting the importance of tapping into China’s massive $22 trillion economy, the Director, Centre for China Studies, Charles Onunaiju, said that Nigerian policymakers should not treat the Asian giant’s market volume as a joke.
Onunaiju said this at the 50th-anniversary celebration of the…Read more
11Plc To Delist Shares From NSE
11PLC, formerly known as Mobil Oil Nigeria Plc, is planning to delist its shares from the Nigerian Stock Exchange (NSE) by March this year.
The directors in oil and gas company, which listed on the Nigerian…Read more
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