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    Monthly Archives: April, 2020

    Bitcoin Price Rises to $7,900 in Nigeria’s Major Market

    Bitcoin seems to be answering the prayer of some crypto analysts who claimed the cryptocurrency will rise up irrespective of the situation of the...

    Firm installs Nigeria’s first Bitcoin ATMs in Lagos, eyes over 30 new terminals

    Nigeria, Africa’s largest economy and largest source of Bitcoin trading volume on the continent, has welcomed its first Bitcoin ATM. Africa’s largest country has welcomed...

    Cryptocurrency market value jumps $35 billion in 24 hours led by a surge in bitcoin

    The entire market capitalization or value of cryptocurrencies jumped $35.3 billion in 24 hours. Bitcoin was at $9,388.30 — or up 18.57% in the last...

    By 2024, Nigeria will be spending 75% of revenues in debt servicing, Report says

    A report published by the World Bank has projected that debt servicing will take up about 75 per cent of Federal Government’s revenue by...

    Local refineries report operational deficit of N9.6bn in January, says NNPC

    Nigeria’s refineries started their 2020 financial year with losses as they posted a cumulative operational deficit of N9.6bn in January. The Nigerian National Petroleum Corporation...

    MTNN reports 15.7% revenue growth as subscribers surge

    MTN Nigeria reported revenue growth of 16.7 per cent to N329.2bn in the first quarter ended March 31, 2020 compared with N282.1bn in the...

    COVID-19: Return 25% civil servants pay cut or face our wrath, NLC threatens El-Rufai’s 25% pay cut

    The Kaduna chapter of the Nigeria Labour Congress has rejected the 25 per cent salary cut of senior civil servants in the State by...

    BREAKING: Nigeria’s COVID-19 cases hits 1728

    Nigeria has recorded 196 new cases of #COVID-19, bringing the total number of confirmed infections in the country to 1728. The Nigeria Centre for Disease...

    Oil Headaches No Longer the Nemesis of Emerging Markets

    By Srinivasan Sivabalan Correlations near zero for most currencies in developing world EM currency index rises to record high versus Brent crude Time was when an oil-price...

    Nigerian key crude programmes still missing as lockdown eases

    LONDON, April 29 - Key Nigerian loading programmes were still missing on Wednesday while Angola issued a revised down May and a shorter final...

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