Money
Why Investors are Hoarding Bitcoins
The world most popular and demanded cryptocurrency, Bitcoin, continues to record unprecedented market value but its global circulation is declining. Experts say that the high buying pressure by many retail investors and some mainstream financial institutions, who are making a massive transition from fiat currencies to the crypto market, has…
Read More »Ecobank Transnational’s Profit Declines by as much as 64% in FY 2020
Ecobank Transnational Incorporated (ETI) has released its unaudited consolidated financial statements for the year ended December 31st, 2020. The report showed that both gross earnings and profit after tax declined by -2% and -64%, respectively.
Read More »Bitcoin, Ethereum: All You Need to Know About these Digital Currencies
There are a lot of eyeballs on Bitcoin because of the way it keeps increasing in value. Many, however, do not have a simplistic understanding of what Bitcoin is and how it works. Only a few even know about Ethereum, yet it is the second most valuable and popular cryptocurrency…
Read More »World Business Angels Investment Forum Appoints Nigeria’s Uchenna Innocent as International Partner
The World Business Angels Investment Forum (WBAF) has appointed Uchenna Innocent (ACIM), as International Partner for Nigeria. As a partner, Uchenna will represent Nigeria at the Grand Assembly of the World Business Angels Investment Forum. The inclusion of Nigeria in WBAF provides a wide range of opportunities for Nigeria’s start-ups,…
Read More »World Bank Approves Nigeria’s $1.5bn Loan Request
The World Bank has approved Nigeria’s request to borrow $1.5 billion, Shubham Chaudhuri, the Bank’s country director for Nigeria said in a statement released on Tuesday, Dec. 15. The Bank had initially delayed the loan and demanded that Nigeria carries out more currency reform before it could access the loan.…
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