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Bitcoin ploughed past $14,000 to a fresh record on Thursday as investors continued to pile in, triggering a warning the cryptocurrency was "like a charging train with no brakes" that would inevitably slip back.
The financial sector insurance regulator, the Nigerian Deposit Insurance Corporation, NDIC, has again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria, CBN.
The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup.
Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.
Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk up its biggest daily rise in over two weeks.
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday.
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In the spirit of the Yuletide season, telecoms services provider, Airtel Nigeria, has partnered with Chicken Republic, a subsidiary of Food Concepts Plc, to feed over 5,000 less privileged Nigerians as part of its yearly Corporate Social Responsibility initiative dubbed, ‘Airtel Five Days of Love.’
The new Theatre Commander of Operation Lafiya Dole, Maj-Gen Rogers Nicholas, has said there was still lot to be done to completely defeat Boko Haram insurgents in the North-East, as people still provide information on locations of troops in the region.
The opening day of the 2017 Nigeria Professional Football League (NPFL) Pre-Season Invitational in Kano recorded drawn matches in the two fixtures that held. The third fixture between hosts, Kano Pillars and the CHAN Eagles was shifted to hold today.
As the world celebrates the human rights day, a non-governmental organization, Access to Justice (A2J), has urged President Muhammadu Buhari to restore the rule of law in the country.
The Rivers State chapter of the All Progressives Congress (APC) has accused governor Nyesom Wike of using the state’s funds to sponsor the Peoples Democratic Party (PDP) national convention.
Former President Goodluck Jonathan has congratulated the newly elected national officers of the Peoples Democratic Party (PDP), urging them to always put the party first above other interest.
The Chairman Senate Committee on Petroleum Resources (Upstream), Senator Tayo Alasoadura, has disclosed that ,it would take a minimum of ten years for the administration of the All Progressives Congress, APC, to clean up rot created by the Peoples Democratic Party, PDP, years of misrule .
Ademola Lookman scored twice as a weakened Everton team beat Apollon Limassol to end their failed Europa League campaign with their only win.
A national leader of the All Progressives Congress, Bola Tinubu, has reiterated his stance on internal democracy as opposed to the idea of giving automatic tickets to aspirants.
Real Madrid midfielder Mateo Kovacic has backed teammate, Cristiano Ronaldo, to win this year’s Ballon d’Or.