Home / Business

Business

bitcoins

Nearly 200K BTC have been absorbed by the 9 spot ETFs since January 11, 2024!

For some, this is something Bullish. For others, this may pose a major risk for the Bitcoin revolution, because so many BTC will no longer be usable in P2P for everyday payments. Regardless, this figure should be put into perspective ...

Read More »
zenith bank

Zenith Bank Pls denies the arrest of its Managing Director

Zenith Bank Plc has denied reports that its Managing Director, Ebenezer Onyeagwu was arrested by the Economic and Financial Crimes Commission (EFCC). In accordance with a record issued by the lender, it noted that the reports of the arrest were ...

Read More »
cbn

CBN dissolves boards of Union Bank, Keystone Bank, & Polaris Bank

The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks — Union Bank, Keystone Bank, and Polaris Bank. The press release dated January 10, 2024, indicates that action was due to the banks’non-compliance with critical regulatory ...

Read More »
ajaokuta

Itakpe Iron Ore Concession: NASS to Probe $496m Payment to Indian Firm

Sunday Aborisade in Abuja The National Assembly Joint Committee on Steel Development on Thursday passed a resolution to probe the $496m paid by the federal government to an Indian firm that failed to revitalize the Itakpe Iron Ore Company after three ...

Read More »
olam

Multibillion dollar FX fraud: Olam Nigeria pays ₦1billion bail bond to secure release of director

Olam Nigeria Limited has paid a huge bail bond of N1billion to secure the release of one of its directors, Prakash Kanth. The payment was made into a special recovery account operated by the State Security Service, SSS. Other top executives ...

Read More »
Cbn

Emefiele suspension: Nigerian Stocks post 4% gain

The Nigerian stock market witnessed a powerful rebound on Tuesday, as investors welcomed the news headlines of the suspension of the CBN Governor, Mr Godwin Emefiele, by President Bola Tinubu. President Bola Ahmed Tinubu suspended Mr Godwin Emefiele, CFR, last ...

Read More »
Cooked Smoked Dried Catfish

Dried Smoked Cooked Catfish SZ1-4 Fillet

Dried Smoked Cooked Catfish at a pretty low temperature for 4 days from Lagos, Nigeria. It is very tasty and delicious. The Size 1 package includes 4-5 pieces weighing about 300 grams. Each order is carefully prepared and packaged for ...

Read More »
Bitcoins vs stocks

Intel stops Bitcoin mining chips almost a year after release

Intel (NASDAQ: INTC) confirmed on Tuesday it is ending production of its processors used to mine Bitcoin, slightly higher than a year after launching them.“Once we prioritize our investments in IDM 2.0, we’ve end-of-life the Intel Blockscale 1000 Series ASIC ...

Read More »

Naira Redesign: What CBN needs to do to prevent another scarcity

Key highlights Analysts advise that CBN needs to work with the non-cash vendors to take the demand for cash. Scarcity experienced was the failure of Banks not having cash but non-cash outlets(POS, online) failing due to excessive demand. FG urged ...

Read More »
binance

Binance Temporarily halts Spot Trading; Bitcoin Dips $700 Immediately

Bitcoin slightly dipped as Binance spot trading was suspended. Crypto exchange Binance suspended spot trading amid an issue on the world’s most-used trading platform for cryptocurrencies. “We are aware of an issue impacting spot trading on Binance,” Binance tweeted. “All ...

Read More »

Viral Video

Support Ooduarere

SUPPORT OODUARERE
Scan QR code below to Donate Bitcoin to Ooduarere
Bitcoin address:
1FN2hvx5tGG7PisyzzDoypdX37TeWa9uwb