Business

China has accused the US of stealing 127,000 Bitcoin (BTC) worth more than $13 billion. The LuBian mining pool hack in 2020 is the main focus of the claim. Approximately 127,426 BTC, or almost $3.5 billion, were removed from the ...

The Nigerian Senate has approved President Bola Tinubu’s proposal to secure over $21 billion in external financing to cover the country’s 2025 budget deficit. The request was first submitted to Parliament back in May. According to Senate Appropriations Committee Chairman ...

Long before the Industrial Revolution and the famous steel mills of Europe, ancient African civilizations were mastering the art of steelmaking with astonishing skill and innovation. Around 2,000 years ago, communities in regions such as present-day Tanzania and Nigeria were ...

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DOWNLOAD VIDEOLuxury Brands Are Just Caucasian (“White”) Supremacy Monetized What if the emblem on your high-end purse is more about colonial hangovers than fine craftsmanship? Reactions to the recent disclosures by Chinese manufacturers and TikTokers on the low prices that ...

Today marks the expiration of $3.12 billion worth of Bitcoin (BTC) and Ethereum (ETH) options, which might have an effect on market patterns. Market observers are eager to see if the expiry of Bitcoin’s theoretical value of more than $1 billion would affect the price, as it is still below the $100,000 barrier. Deribit data indicates that there are 26,251 Bitcoin options that are about to expire, with a notional value of $2.56 billion. With a put-to-call ratio of 0.57, buy options (calls) are more common than sell options (puts). For these options, the price at which the largest number of holders will experience financial losses is $99,500, which is the ...

The Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit (PMS), also called petrol, from ₦950 to ₦890. On Saturday, the company announced that the price reduction will begin on Saturday, February 1, 2025. “This strategic adjustment ...

Nigeria’s $20 billion Dangote Refinery, Africa’s biggest refinery that opened earlier this year, is now using the national currency, the Naira, instead of the U.S. dollar to buy crude oil from the state oil corporation.  This move follows a July ...

Usually, this question is better phrased as “How long do you want your Solar pump to RUN?”, then specific calculations can be made to determine the proper battery bank size. Remember “RUN” is an important word. Calculate battery size for ...

The Central Bank of Nigeria has cautioned PoS operators over cash availability. This was made known in a statement signed by the Acting Director of Communication and Public Relations, Sidi Ali, on Thursday. The CBN noted that there is a ...