How Inflation Worsens Plight Of Nigerian Workers.
Workers have continued to groan under the adverse effect of inflation on their income. Economists define inflation as the rise…
Day: August 9, 2022
Nigeria, Three Others Top World Bank Debtors’ List.
Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal…
Crypto-Mixing Service, Tornado Cash, Blacklisted In The United States
The United States Treasury Department has announced today that it has banned American citizens from using Tornado Cash. A famous…
Petroleum Minister, Timipre Sylva, Says Nigeria Loses 400,000 Barrels Per Day To Oil Theft.
Rising cases of oil theft which has affected Nigeria’s earning capacity in a period of high crude prices could be…
Why Ethereum Is Gaining So Much Interest, Approaching $1,800.
Following the correction experienced last week, the price movement of Ethereum, the main altcoin, has begun to recover. After that,…
Institutional Investors Are Buying Ether As Merge Event Approaches.
For seven consecutive weeks, Institutional investors have been investing heavily into Ether-based digital asset funds; as these products have recorded…
Australia’s Central Bank Launches Digital Currency Project.
Australia’s central bank said it was launching a one-year research programme into the case for a central bank digital currency…
SoftBank Plans Vision Fund Job Cuts After Record Net Loss.
SoftBank Group Corp (9984. T) is planning to cut headcount at its flagship Vision Fund investing arm; CEO Masayoshi Son said, after…
Stocks Slip As Caution Reigns Ahead Of U.S. Inflation Data.
Shares edged lower and the dollar hung off recent highs as investors eyed U.S. inflation data due a day later…
S.Korea To Probe App Store Operators Over Suspected In-app Payment Violations.
South Korea’s telecommunications regulator on Tuesday said it plans to launch an investigation into app store operators such as Apple…
German Economy To Lose $265 Bln In Added Value Due To War, High Energy Prices-Study.
Germany’s economy will lose more than 260 billion euros ($265 billion) in added value by 2030; due to the Ukraine…
Exclusive: Bank of England Will Probably Need To Raise Rates Again, Ramsden Says.
The Bank of England will probably have to raise interest ratesto tackle inflation pressures; that are gaining a foothold in…
Cryptoverse: Blockchain Bridges Fall Into Troubled Waters.
Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $190 million from U.S. crypto…