Bears extend reign to crypto market, drops by about 50%
Bitcoin made further drastic losses sinking below $6,000 for the first time since May 2019 due to a coronavirus scare.
Global Financial Market Summary For 9th March 2020
The Nigeria’s local bourse began on Monday morning on a bearish note amid a slump in crude prices, which fell over ▼10% , as Brent oil was trading below $35 causing a shortfall in revenue to Nigeria’s 2020 budget,
Facebook to change Libra unveiling plans
Facebook disclosed it had changed how its new digital cryptocurrency, Libra would be unveiled.
Answering the big Bitcoin question – buy, sell or hold?
Bitcoin is characterised by booms (when the price goes up) and busts (when the price falls) that have been sources of major criticism.
Five firms abandon Facebook’s ‘Libra’ currency, as Vodafone announces exit
Vodafone has announced its exit from Libra Association, a cryptocurrency owned by Facebook, three months after Mastercard and Visa pulled out.
Akon to create own City, residents to trade with Crytocurrency
Akon will now have his own City situated in Senegal after finalising agreement with the government of Senegal.
Bitcoin users rise in Nigeria despite Senate, CBN campaign against it
The use of Bitcoin is rising in Nigeria despite the warnings given by the Nigerian Senate and the Central Bank of Nigeria (CBN) against it.
Luno breaks barrier, allows Ethereum/Naira trading pair
Luno has made investment in the global cryptocurrency platform easier as it allows customers to buy Ethereum on its exchange using Nigerian Naira.
Paypal drops out of partnership with Facebook’s Libra
Online payments company, Paypal has announced that it is no longer in partnership with Facebook’s Libra.
Cryptocurrency: Discern investors’ goldmine
Cryptocurrency is no longer a part of our distant future but what is already part of our present.
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Seplat Petroleum donates items for management of COVID-19 to Edo
Seplat Petroleum Development Company on Wednesday joined the league of Nigerian corporates to donate to the fight against coronavirus
Consolidated Hallmark Insurance declares N711.5 million profit, up 33%
Consolidated Hallmark Insurance Plc. group released its audited full-year 2019 results after today’s trading hours. Here are the highlights.
Bears dominate Nigerian bourse Index down 0.94%, trading volume remains low
The bearish trend persisted in the Nigerian bourse as the Nigerian All Share Index fell further by -0.94 % to close at 21,100.54 points.
FG begins N20,000 relief fund disbursement per household in Abuja
The FG has started disbursing the N20,000 Condition Cash Transfer to poor households across the country,the disbursement is said to have started today.
Power: NERC applies “brakes” on hike in tariffs
The NERC has suspended the payment of the new electricity tariffs earlier scheduled to take off today, April 1, for at least three months.