The largest cryptocurrency bitcoin surged to $20,000 in December. Its rapid growth was due to common folk deciding to invest in the hope of making a quick buck. It was a time for professional investors to sell. “Many people behind bitcoin and cryptocurrencies as a whole understand that the...
Facebook has been trying to combat fake news and have approached the problem in different ways. One of the ways was to flag articles that were deemed fake and added a tag to let users know that the article could contain inaccurate information. Facebook later revised this by displaying suggested...
Former world heavyweight champion Tyson Fury has been cleared to box again after the British Boxing Board of Control (BBBC) lifted his suspension subject to medical clearance. The BBBC had suspended the 29-year-old’s licence in 2016, citing anti-doping and medical issues, and he has not fought …...
By Ben Efe East African runners have indicated their interest to run in the 2018 Warri/Effurun Peace Marathon billed for March 3 in the Delta State commercial hub of Warri. Despite explanations by organisers that the race is open only to Nigerian athletes resident in the country, the East...
Alexis Sanchez has said goodbye to his Arsenal team-mates ahead of a switch to Manchester United. The Chilean was with Arsenal in their team hotel as they prepared for the clash with Crystal Palace. However, Sanchez received a phone call shortly before 11pm last night and said his farewells...
The Nigeria National Petroleum Corporation, NNPC, has given reasons for paying ‘subsidy’ on petrol without appropriation from the National Assembly. The Managing Director of the Petroleum Products Marketing Company, PPMC, Umar Ajiya, said the NNPC Act is a law on its own which the corporation...
Key electricity transmission infrastructure belonging to the Transmission Company of Nigeria, TCN, were allegedly awarded to Alheri Engineering Company, and Phase 3, despite inherent conflict of interest, a correspondence has shown. While Alheri is owned by Dangote Group, Phase 3 is owned by a...
Arsenal v Crystal Palace @Emirates @4pm on Jan 20
Majority of Arsenal fans have grown thick skins as their beloved club continues to flounder. Former Liverpool forward, Stan Collymore, believes “History [and maybe nostalgia]” is the thing keeping Arsene Wenger at the Emirates – the...
Manchester United manager, Jose Mourinho has spoken on the speculated swap deal involving Henrikh Mkhitaryan and Alexis Sanchez. The Portuguese said he was hopeful Sanchez was set to become a Manchester United player but insists the deal is “not done.” Mourinho also revealed that Mkhitaryan, who...
Zinedine Zidane was 29 when he became the most expensive footballer on the planet. There were few cries of ‘How much?’ when Real Madrid made the Frenchman their latest Galactico – and a £45.6m transfer was not re-calculated to include the wages he received over six years at the Bernabeu. His …...
At the end of week’s trading today, 40 companies appreciated in price compared to 32 companies that recorded price depreciation, while the price of 100 companies remained unchanged. Banking hall Banking stocks recorded the highest price increase as a total of seven banks emerged in the top 10...
Following an already rough month for bitcoin, three U.S. virtual currency operators have been charged with fraud by the United States Commodity Futures Trading Commission (CFTC). The CFTC alleges that CabbageTech, Entrepreneurs Headquarters Ltd., and one unnamed bitcoin operator have engaged in...
The Federal Government has approved N497 million for the construction of the Ijegu Yala Dam in Yala Local Government Area of Cross River State. The construction of the dam, which is expected to begin this year, is primarily for water supply, erosion and flood control, as …
via BusinessDay...
Technically Incorrect offers a slightly twisted take on the tech that’s taken over our lives. Michael Moritz admires the Chinese work ethic. Should he? The India Today Group No one, but no one works harder than the obsessives in Silicon Valley, right? They work on their buses. They work over...
Photo: AP Thermo Fisher Scientific is an $86 billion biotech company whose CEO is attempting to pull off his greatest feat yet: convincing his employees that their $500 bonuses are a result of the brilliant economic policies of Donald Trump. Ever since the Republicans passed their tax cut bill—a...
Even though we’re more than a month away from the official unveiling of Samsung’s flagships, information about the Galaxy S9 and S9+ continue to emerge and raise the hype. The latest report related to the phone comes from South Korea and contains in-depth details about the Galaxy S9 and …...
Abdul Zubair , Acting Director- General, SEC The closing date for the free e-dividend registration sponsored by the Securities and Exchange Commission has again been extended to February 28. SEC in a statement said the extension became necessary to allow more shareholders participate in the...
GTBank, one of Nigeria’s most innovative commercial banks has again raised the bar on USSD by setting transaction limits at N500, 000, said a source close to the matter. The new limit means that customers are able …
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The fast food value chain recorded an impressive performance despite the economic recession of 2016 and early 2017. The growth recorded is not unconnected with the birth of food delivery startups in major cities across the country. These startups dominate the fast food chain as more people now...
IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund focused to largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa. IFC’s €15 million equity investment makes it an anchor investor in the Partech Africa fund which...
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