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The Grayscale Bitcoin Trust: What It Is and How It Works

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The Grayscale Bitcoin Trust (GBTC) is the world’s largest bitcoin fund and the first investment vehicle of its kind to report financials regularly to...

Rhode Island Lawmakers Hope to Boost State Economy With Blockchain-Friendly Legislation

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The Rhode Island General Assembly is to consider draft legislation aiming to harness blockchain technology as a means to stimulate growth, create jobs and...

Nigeria, China host gala performance today to celebrate 50th anniversary of diplomatic relations

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Nigeria and China will host an online gala performance to commemorate the 50th anniversary of the establishment of diplomatic relations between both countries today,...

How Traditional Exchanges Are Boosting Crypto Adoption

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Over the past year, demand for regulated crypto investment products has soared.The increasing variety of exchange-traded products (ETPs) listed on traditional exchanges, and the...

Daystar plans to raise $100m for West African solar projects

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Daystar Power is set to raise about $100m within the next three years to expand solar energy projects in West Africa. Source link

Payments Startup Celo Raises $20M From a16z, Electric Capital

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Mobile-focused blockchain payments startup Celo has raised $20 million from the likes of Andreesen Horowitz (a16z), Greenfield One and Electric Capital. According to a press...

Lagos closes Yaba Overpass for 3 weeks for Red Line Rail soil testing

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President Muhammadu Buhari has disclosed that the Kano-Maradi rail project when completed, would serve import and export of goods for the Niger Republic and...

Litecoin Hits 3-Year High as Prices Surge Across Altcoin Markets

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Alternative cryptocurrencies such as litecoin, Cardano and Chainlink are flying high Wednesday, as bitcoin takes a bull breather. Litecoin traded at $195 earlier on Wednesday,...

Foreign-owned banks in Nigeria received 73% of capital inflow in 2020 – NBS Report

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President Muhammadu Buhari has called for a comprehensive reform of the structures and operations of the African Union. The call is to make the body...

10 Arrested Over SIM-Swap Hacks That Stole $100M in Crypto From Celebrities: Europol

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The alleged international criminal network targeted online influencers, sports stars, musicians and their families in the U.S. Source link

#EndSARS: Federal High Court orders CBN to unfreeze accounts of protesters

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President Muhammadu Buhari has announced that his administration is committed to fulfilling the five demands of #EndSARS youths. The President disclosed this in his New...

Elon Musk Bites Back at Freewallet After Dogecoin Tweet

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The Tesla CEO said crypto users should avoid wallets that do not give them access to their private keys Source link

Gold prices post gains on $1.9 trillion stimulus program

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Oil prices hit their highest level in 13 months at Tuesday’s trading session, as supply cuts by OPEC+ boosted market confidence across global energy...

UBA’s Non-Executive Director acquires additional shares of the bank |

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11 Plc on the 9th of February 2021 issued an explanatory note to its shareholders via the Nigerian Stock Exchange as regards its proposed...

Mystery Entity Just Set up 20K Bitcoin Miners in Siberia: Report

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A shipment of devices said to be worth up to $60 million was set up in the city of Bratsk and set to mining...

‘Enlarged CAP’ will be the largest in Nigeria’s paint industry

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The founder of BUA Group has pegged the high price of cement and sugar in the country on demand and supply dynamics in the...

NNPC calls for stakeholders’ support over slashing operation cost

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President Muhammadu Buhari has disclosed that the Kano-Maradi rail project when completed, would serve import and export of goods for the Niger Republic and...

Standard Bank set to raise its stake in Angola – Sola David-Borha, CEO

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Standard Bank is interested in buying more shares in its Angolan unit after government authorities seized an investor's shares. Source link

Tesla’s Bitcoin Buy May Not Trigger Wave of Corporate Demand, Says JPMorgan

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While crypto traders foresee major corporates copying Tesla’s decision to invest in bitcoin, investment bank JPMorgan suggests otherwise. “The main issue with the idea that...

Argo Blockchain Plans New Bitcoin Mining Facility in Texas

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Argo said the new Texas facility will have access to up to 800 megawatts of cheap, renewable energy. Source link

Chainlink Supporter Deutsche Telekom Has Quietly Started Staking on Blockchains

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Deutsche Telekom AG, Europe’s largest telecommunications company by revenue, is now one of the main data providers to Chainlink – the omnipresent oracle service...

JAMB to prosecute 200 exam cheats caught in 2020 UTME with N500,000 each

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President Muhammadu Buhari has disclosed that the Kano-Maradi rail project when completed, would serve import and export of goods for the Niger Republic and...

IBM, Top Australian Banks Execute Country’s First Blockchain Bank Guarantee

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A digital bank guarantee has just been executed over a blockchain system in Australia, in what’s being called a first for a commercial bank...

Could lack of power supply be hindering Nigeria’s COVID-19 recovery?

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Does Nigeria have the right storage facilities to store these expected COVID-19 vaccines in the right temperature? Source link

Covid-19: Travel agencies recorded 46.9% loss in sales in 2020

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The covid-19 pandemic has decimated the market value of hotels in Nigeria priming them up as a target for private equity firms looking to...

Kano-Maradi rail to take 9,364 passengers at completion in 2023 – Minister

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The rail project is expected to reach a substantial completion in 2023. Source link

Oil prices drop, despite strong fuel demand in play

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Oil prices hit their highest level in 13 months at Tuesday’s trading session, as supply cuts by OPEC+ boosted market confidence across global energy...

Kano-Maradi rail would serve import and export of goods in W’Africa through Nigerian ports...

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The Federal Government has announced plans to launch a Vehicle Finance Scheme that would help Nigerians own new cars. This is part of the 5-point...

Another devaluation lurks as dollar sells for N422.59 at NAFEX

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The International Monetary Fund (IMF) said that the Nigerian Government disagrees with its recommendations that it should further devalue the naira, which is over...

Twitter considering subscription fee for Tweetdeck and other new features

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Kinyungu Ventures, an east African advisory firm that invests in early-stage startups in Africa published a white paper that revealed the continuous wide misalignment...

UK says Nigeria will receive 16 million free doses of Covid-19 vaccine |

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The UK Government has revealed that the Global Vaccine Alliance (GAVI) had announced that Nigeria would be one of the first countries to receive 16...

NPA MD says e-call up system for trucks will end traffic around ports

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The Federal Government has announced plans to launch a Vehicle Finance Scheme that would help Nigerians own new cars. This is part of the 5-point...

Ethereum becoming harder to buy on Crypto exchanges, trading at $1,781

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The most popular crypto asset, Bitcoin, was trading at $46,596.4, up 20.10% on the day. It was the biggest daily percentage gain since December...

EY, Quadriga Law Firm Warn of ‘Imitation’ Site

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A website imitating the defunct cryptocurrency exchange QuadrigaCX has been posted online as of Tuesday, hoping to lure unsuspecting victims. A warning notification was sent...

Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on First Day

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Price PointIn a run reminiscent of its stunning ascent in early January, bitcoin’s price blew past $45,000, $46,000 and $47,000 in less than an hour...

Canaan CFO Resigns Citing ‘Personal Reasons’

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The company's director of finance will serve as acting CFO. Source link

China Was Questioning Tesla About Quality Problems. Then Bitcoin Happened

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Tesla’s $1.5 billion bitcoin investment couldn’t have come at a better time for the electric car manufacturer. As it happened, about the time the...

Bitcoin Miner Riot Blockchain Names Jason Les CEO

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Les has served as the board's director since 2017. Source link

DeFi’s Curve Finance Is Branching Out to Polkadot

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Curve Finance is making its way to another blockchain – Polkadot. The decentralized finance (DeFi) money market is building a cross-chain implementation to run on...

Market Wrap: Bitcoin Hits Record $48.2K as CME Ether Futures at $33M Volume on...

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Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.Bitcoin (BTC) trading...

Privacy for Crypto Users Is at Issue in IRS Court Challenge

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The Internal Revenue Service’s latest response in its ongoing privacy lawsuit with James Harper is in, and it seems the U.S. government tax agency...

AWS Marketplace Is Selling Origin’s Decentralized Ecommerce Service

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Origin Protocol's OUSD was up nearly 50% at press time. Source link

NNPC and other state oil companies risk wasting $400 billion on Oil and Gas...

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The Federal Government has assured Nigerians that it will convert one million cars to gas at no cost, in its autogas initiative. This was disclosed...

BlockFi’s Bitcoin Trust Takes Aim at GBTC

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Crypto lender BlockFi has launched its bitcoin trust with an annual fee that falls 0.25% below what industry-leader Grayscale Bitcoin Trust (GBTC) charges investors.  With...

Ellah Lakes engages Ekiti youths in agriculture

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Youths in Ekiti have been called upon to engage in agriculture, learning the commercial and technical aspects. Source link

US Lawmakers Ask Justin Sun How DLive Moderates Content

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A pair of U.S. lawmakers have asked Tron founder and CEO Justin Sun and DLive CEO Charles Wayn to explain how they plan to...

11 Plc considers N213.90 as exit price for NSE delisting

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11 Plc issued an explanatory note to its shareholders as regards its proposed delisting of a total of 360,595,262 ordinary shares on the NSE. Source...

Nigerians Look to P2P Exchanges After Crypto Ban

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“There’s no stopping crypto, the future and we won’t let some old fools take our future from us,” one Nigerian bitcoin user who...

FG to introduce Vehicle Finance Scheme for Nigerians to own new cars

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The Federal Government has announced plans to launch a Vehicle Finance Scheme that would help Nigerians own new cars. This is part of the 5-point...

Will Apple Be the Next Fortune 500 to Buy Bitcoin?

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A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange place and...
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Latest article

T.B Joshua confirmed dead

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A former Aviation Minister, Femi Fani-Kayode has confirmed the death of Temitope Balogun Joshua, founder of The Synagogue, Church Of All Nations (SCOAN). Multiple reports...

TOPS notice to students on requirements for 2nd semester exam, 2019/2020 session

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Kindly recall that the Second Semester Examination for the 2019/2020 Academic Session is scheduled to commence on Monday, 17 May, 2021 in order to...

How fasting diets could harm future generations — ScienceDaily

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Fasting diets could impact the health of future generations according to new research from the University of East Anglia (UEA). Fasting diets have risen in...