Despite the Central Bank of Nigeria’s restriction on cryptocurrencies-related transactions in the banking sector, a report by a crypto platform has said about 33.4 million Nigerians trade or own crypto assets. In its report, ‘Into The Cryptoverse: Decoding The World Of Crypto Consumers,’ KuCoin, a crypto exchange with over 10 million registered users, said the crypto population is largely dominated ...
A 16-year-old boy Adewale Quoyim, has turned into reality what many may think can only be achieved in ones imagination. The teenager converted his bicycle into a motorcycle all by himself and it uses generator engine. Speaking in an interview, Adewale said people told him he cannot use a generator engine as a motorbike engine. Though he initially felt disappointed ...
The superstar had jocularly said he needed N100 million to clear his Rolls Royce from the port. He had dropped a Wema Bank account, which raked in N26 million within 31 minutes. After four hours, the account had over N70 million in it. The musician reached his target in less than six hours and the money kept pouring in. Below ...
The newly launched e-Naira adds “no spectacular value” to the economy. It is cosmetic, “I think the important thing right now is what adds value to the economy in terms of job creation, stabilizing our currency, economic growth, and reducing the run on the Naira. “So all these, be it e-money or x-money, is not adding any spectacular value; it’s ...
Experts in economic and financial matters have pilloried Vice president ,Yemi Osinbajo as not having beep knowledge of how economics works. Vice-President Yemi Osinbajo on Monday called for an official rate that is reflective of market reality. He said the current dual exchange rates allowed for arbitrage and blocked inflow/supply of dollars from investors A professor of capital market at ...
The bandits reportedly collected N2.2 million but refused to release their 20 victims. Buzu, second in command to the notorious banditry kingpin, Bello Turji, has reportedly refused to release 20 people he kidnapped in Gatawa despite collecting ransoms for their release. The bandits killed 19 and abducted 21 others in a night attack in Gatawa town. The bandits had sent ...
The Group Managing Director/Chief Executive Officer, United Bank for Africa Plc, Kennedy Uzoka, has said that the bank recorded significant improvement in its operational and financial performance as a result of its unending commitment towards delivering products and services aimed at meeting customers’ demands. A statement on Sunday said that Uzoka said this during the investors/analysts conference call at the ...
Whitemoney, Saskay, Yousef, Jaypaul, and Emmanuel are members of Team Cool Cow, and they all share N1.5 million as their prize, along with a one-year supply of Dano goods, as revealed on Thursday, August 26. The roommates were separated into four teams for the job, which took place on Tuesday: Team Dano Cool Cow, Team Dano Slim, Team Dano Choco, ...
Millennials are driving cryptocurrencies investment globally. A report by Cryptovantage revealed that Cryptocurrencies make up 12 per cent of millennials investment portfolio. The report also said that three in four crypto investors have made money on their crypto holdings in 2021. According to the report, digital currencies have seen significant gains in 2021 jumping 154 per cent in value since ...
Enugu, Kaduna, 11 Other Commands Get New Police Commissioners The Inspector-General of Police, Usman Baba, has ordered the posting of Commissioners of Police to take over the leadership in 13 state commands, including the Federal Capital Territory (FCT). Mr Frank Mba, who is the Force Public Relations Officer, announced this in a statement on Friday in Abuja. He explained that ...