LAPO Microfinance Financial institution, has stated that it disbursed as much as N14.1billion loans per 30 days to prospects throughout the nation as a part of efforts to handle the incidences of poverty,
Read More »Pure Ponzi Pyramid Scheme, MMM, is back
Over a year after the popular Ponzi scheme, Mavrodi Mundial Moneybox (MMM) crashed in Nigeria dashing the hope of over three million Nigerians, the scheme is back The scheme is now labeled MMM cooperation and it promises up to 50 percent return on any ...
Read More »Femi Otedola Leaves Forte Oil As Chairman
With Forte Oil, the successful businessman achieved a different level of prosperity so much that by 2015, he was listed as the 16th richest man in Africa by Forbes
Read More »Will Bitcoin ever hit ₦355m ($100k), why or why not?
In my opinion, yes, absolutely, Bitcoin will eventually hit $100,000 US dollars per coin.But my prediction isn’t really about Bitcoin.My prediction is about the dollar.In some sense, your question can be restated like this: “Will the Federal Reserve keep printing ...
Read More »Ibom Air takes off, amidst jubilation in Akwa Ibom
Ibom Air, a commercial airline owned by the Akwa Ibom government, launched its maiden flight on Friday. A handful of enthusiastic indigenes of the state, led by the deputy governor, Moses Ekpo, gathered at the Victor Attah International Airport, Uyo, ...
Read More »Business Gist: Check out Top 5 Reasons Your Small Business Isn’t Making Enough Money
It is extremely tough today in the commercial world, due to changes, fluctuation of income and evolvement in customers'and clients'demand. Setting prices is first and essential in shaping your clients'request and dictating the success of one's business
Read More »How eCommerce is Bridging the Gap Between Digital Natives and Digital Immigrants
By Adeniyi Ogunfowoke In the comfort of his home, Mr John Doe attempts to place an order but he hits a brick wall. He calls his daughter to assist him and under his watchful eyes, she places the order within ...
Read More »The fallacy of western economics II; China Breaks the mould
by Ghassan Kadi The economic rise of China is perhaps the best example that challenges the basic foundations of the “science” of economics and demonstrates the invalidity of many of its theories. In the previous article (https://ooduarere.com/news-from-nigeria/world-news/fallacy-western-economics/), I expressed my ...
Read More »Localbitcoins.com trade volume hit new low since its Inception
In the first week of September, we saw Localbitcoins witnessing the best global peer-to-peer trade volume on record for Bitcoin. Data from Coin.dance shows that the clear presence of only six markets seems to represent the pervasion of lowered trading ...
Read More »China To Spent $60 Billion On Projects In Africa – West Is Concerned By Beijing’s Growing Influence
On September 3rd, China promised $60 billion worth of financing and aid to African countries. As reported by Reuters, Chinese President Xi Jinping offered the aid during the opening remarks of the China-Africa summit, held this week in Beijing. Several ...
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