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Investors lose over US$1 billion in crypto funds in a day

The current financial situation in the crypto market has led to heavy declines in global investor accounts, as crypto positions estimated at about $1.6 billion evaporated into thin air within a day. According to data collected from Bybt, the mass liquidation of those crypto holdings shows that this happened before …

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Ex-Real Madrid Striker Makes Transfer History

Former Real Madrid striker David Barral just made it to the history books as he recently became the first football player ever to be purchased with Bitcoin.  . The SUN notes that the 37-year-old was reportedly signed by the Spanish third division club, DUX Internacional de Madrid, simply known as …

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BTC Records the highest 1-day Crash since March last year

In the early hours of Friday, Bitcoin, experienced major losses, when a large chunk of the gains reported in 2021 disappeared into thin air, recording its highest daily decline since the March 2020 market crash. Most crypto analysts claim that these losses arise from widespread profit-taking by U.S. and European …

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CBN: Mr Sam Okojere advise to all deposit money in the bank

The Director, Banking Services Department of CBN, Mr Sam Okojere has issued an advise in a circular to all Deposit Money Banks (DMBs) accredited Cheque Printers/Personalised, and the Nigeria Interbank Settlement System (NIBSS), to trow more light concerning the revised cheque book, introduced across all banks to ensure that their …

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FG and CBN launch job exit strategies for N- Power beneficiaries

The Federal Government has announced that former beneficiaries of the N-Power scheme can now access job opportunities created for members of the scheme, starting with an agent network in partnership with the Central Bank of Nigeria (CBN). This was revealed by the Minister of Humanitarian Affairs, Disaster Management and Social …

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Hadiza Bala Usman Reappointed as NPA MD

President Muhammadu Buhari has renewed the appointment of Hadiza Bala Usman for a second and final five year tenure as Managing Director of the Nigerian Ports Authority (NPA). A statement on Thursday by Buhari’s Media Adviser, Femi Adesina, said the President also approved the reconstitution of the Non-Executive Board of …

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Netflix Appreciates by 17%, beats Investors’ expectations

After smashing investor estimates, Netflix’s share price spiked by 17 percent it’s previous price. Consequently, the video streaming stock closed high after adding more clients than anticipated and announcing that debts were no longer an option in its quest to develop its entertainment empire. The optimistic upbeat guidance on free …

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