Bitcoin breached the $60,000 mark for the first time since April on growing optimism that American regulators will greenlight the first US futures exchange-traded fund for the cryptocurrency. The digital currency was up more than 40 percent from a month ago, reaching $62,253 at 2050 GMT, according to Bloomberg News data, which reported that the […]
Author: umunna
Bi-Courtney indicates interest to bid for airport terminals concession
Bi-Courtney Aviation Services Limited (BASL), operators of the Murtala Muhammed Airport Terminal 2 (MMA2), has indicated interest to bid in the ongoing concession of four major airport terminals by the Federal Government. The Chairman of BASL, Dr Wale Babalakin, made the disclosure during an interactive session with Aviation Correspondents at the MMA2 terminal in Lagos […]
US First Lady Jill Biden hits campaign trail in Virginia
US First Lady Jill Biden campaigned Friday in Virginia, the battleground in a nail-biting governor’s race seen as a bellwether for next year’s crucial midterm elections. The 70-year-old educator, who still teaches in the state, was at a grassroots event in Richmond to “mobilize Democrats during early voting” ahead of the November 2 election, party […]
Ogun state wins big at 14th Int’l Art Expo
Ogun state, the gateway state, has emerged the overall winner at the just-concluded International Arts and Crafts Expo (INAC). This was announced during the closing ceremony of the expo late Friday night, as the state bagged awards and prizes for other categories of the exhibition. The News Agency of Nigeria (NAN) reports that Ogun state […]
US dismisses Taliban claims about Chinese investment in Afghanistan
U.S. officials and independent analysts reacted skeptically Friday to a Taliban claim that China is ready to invest billions of dollars in Afghanistan. White House press secretary Jen Psaki indicated the United States is more concerned with helping the Afghan people as the nation’s economy collapses than with countering any future spread of Chinese influence […]
CBN issues guidelines on disposal of non-permissible income
The Central Bank of Nigeria has issued its guidelines on the disposal of Non-Permissible Income (NPI) for Non-Interest Financial Institutions (NIFI). According to a statement which was signed by the Director, Financial Policy and Regulation Department of the CBN, Chibuzo Efobi, the guidelines were issued as part of efforts to standardise the treatment and disposal […]
Deployment of 5G nationwide is 97% ready – NCC
The Nigerian Communications Commission (NCC) has confirmed it is 97% ready for the implementation of 5G deployment in the country. In a statement issued on Thursday, NCC Executive Vice Chairman, Professor Umar Danbatta, confirmed the readiness at the annual African Tech Alliance Forum (AFRITECH) 2021, held in Lagos with the theme: “Embracing Changes and Digital […]
COAS urges resuscitation of Nigerian Army/Russian Defence partnership
The Chief of Army Staff (COAS), Lt.-Gen. Farouk Yahaya, says there is the need to resuscitate the partnership between the Nigerian Army and Russian Defence. Yahaya said this when the Russian Ambassador to Nigeria, Mr Alexey Shebarshin paid him a courtesy visit in his office in Abuja on Thursday. He said that Nigeria and Russia […]
Facebook objects to releasing private posts about Myanmar’s Rohingya campaign
Facebook was used to spread disinformation about the Rohingya, the Muslim ethnic minority in Myanmar, and in 2018 the company began to delete posts, accounts and other content it determined were part of a campaign to incite violence. That deleted but stored data is at issue in a case in the United States over whether […]
French finance minister: Brexit made UK supply chain crisis worse
French finance minister Bruno Le Maire has told the BBC that leaving the single market after Brexit has made the supply chain crisis worse for the UK. “We are facing the same situation,” he said at the G7 meetings in Washington. “But the fact that we are a member of a very important single market […]