Oil&gas

Oil and Gas

Venezuela’s oil-backed cryptocurrency raised $735m in one day, president claims

President Nicolas Maduro of Venezuela has claimed that the country's oil-backed "petro" cryptocurrency raised $735 million in the first day…

By businessamlive
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Falling oil prices may hurt external reserves, CBN naira defence policy

The consistent fall in global oil prices in the past few weeks may hurt the nation’s external reserves and inhibit…

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