Explainers

The cryptocurrency market experienced a bloodbath of sort on Wednesday as prices devastatingly plunged – from Ethereum, Tron, Doge, Litecoin and Ripple to Bitcoin, the most valuable crypto that took the hardest hit. Bitcoin hit an all-time high of more than $64,000 per unit in mid-April, a 450% rise in…

Nigerian President, Muhammadu Buhari on Thursday evening approved the suspension of Hadiza Bala Usman, the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA). According to a statement released by the Presidency, Hadiza was asked to step aside to allow investigations into some allegations of impropriety against…

Microsoft Corporation recently announced that it has partnered with the Nigerian government to accelerate the country’s digital transformation, following a discussion the tech giant had with Nigeria’s vice-president, Yemi Osinbajo in January this year. This is not the first time Microsoft would support Nigeria’s tech ecosystem. In 2019, the corporation…

Mawas said while the market presents a vast array of earning potentials, all beginner traders need to first understand the differences between FX and CFD trading.

Without a decisive game plan in place, trading can be considered exceptionally high risk and more of a gamble instead of a smart investment strategy

According to the 2019 ease of doing business report by the World Bank, Africa’s biggest economy (Nigeria) is currently ranked 131 out of 190 countries on the ease of doing business in the 2019 report.

As a continent, Africa's population is the fastest-growing in the world. It is expected to increase by roughly 50% over the next 18 years, growing from 1.2 billion people today to over 1.8 billion in 2035.

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…

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…

You may have heard the term Gross Domestic Product (GDP) several times, and you may even have a peripheral idea of what it means but chances are you don’t have an in-depth understanding of it. And if you are a complete novice, this piece will enlighten you. Let’s dive in.…