Bitcoin’s price has just crashed below the iconic previous all-time high of 2017 at $20,000. This happens as the entire market tumbles amid rampant rumors and ongoing challenges. For the first time since December 2020, the price of BTC traded ...
Read More »Dollar rises by 21%, FX shortage persists after party primaries
The dollar exchanged at N603 (average) at Lagos and Abuja parallel markets on Tuesday, indicating a worsening liquidity crisis in the foreign exchange market of Africa’s biggest oil producer.Between June 2021, and June 2022, the dollar-to-naira exchange rate has risen ...
Read More »Tyson Fury Announces His Retirement from Boxing
World heavyweight boxer, Tyson Fury has confirmed that he is done with boxing following his victory over Dillian Whyte. The British man made the announcement on Pierce Morgan’s uncensored show on Wednesday, April 27th, 2022. According to the Boxer, he ...
Read More »CBN grants final approval for MTN to start banking operations as Momo PSB
The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in a press release titled “THE CENTRAL BANK OF NIGERIA GRANTS FINAL APPROVAL FOR MOMO PAYMENT SERVICE ...
Read More »The Dollar Devours the Euro
By Michael Hudson and posted with the author’s permission It is now clear that today’s escalation of the New Cold War was planned over a year ago, with serious strategy associated with America’s plan to block Nord Stream 2 as ...
Read More »CBN fines three banks ₦800m for flouting cryptocurrency order
The Central Bank of Nigeria (CBN) has fined three banks a total of N800million for failing to comply with the directive to block customers from transacting in cryptocurrencies.Recall that in February 2021, the apex bank directed banks to close accounts of ...
Read More »Cisco Ordered to Pay $1.9 Billion in Cybersecurity Patent Infringement Case
A US district judge has ordered Cisco to pay $1.9 billion to Centripetal Networks, Inc., for infringing on four patents related to cybersecurity. Founded in 2009, Centripetal focuses on cyber threat intelligence, providing solutions that help organizations defeat cyber-attacks. The ...
Read More »Nigeria vs Ghana: Watch Super Eagles Training Session Ahead of Clash Against the Black Stars
The Super Eagles of Nigeria have had their first training session ahead of their second leg game against the Black Stars. Both teams are looking forward to getting one of the five tickets allotted to Africa for the World Cup that will be ...
Read More »Real Madrid Defender, David Alaba Apologizes After Barcelona 4-0 Defeate
Real Madrid defender, David Alaba has issued a public apology to fans on behalf of his teammates after their disgraceful defeat to Barcelona, Newspremises reports. Real Madrid have been in a fine form recently, staging a comeback against Paris-Saint Germain ...
Read More »FG shutdown GoCash, Okash, Other Online Bank Apps In Nigeria
The Federal government has turned off some illegal financial institutions operating in a few elements of Lagos State.Naija News reports that the illegal financial institutions were turned off following customers’ complaints of malpractices and invasion of privacy. In a conversation ...
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