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News Update

Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars

During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes

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COVID-19: Proclamation No.4, 2020, Nasarawa State Bans Okada, Keke Till Further Notice

In an effort to stem the tide of the spread of COVID-19, save lives, reduce ill health and ensure that the fragile economy in which

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Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million

Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to

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COVID-19 Cases in Africa Rise to 24,000 – WHO

The World Health Organisation (WHO) Regional Office for Africa in Brazzaville, Congo, has said the number of Coronavirus (COVID-19) cases in Africa had risen to

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Low Oil Prices: Expert Wants Government to Focus on Fiscal Policies to Strengthen Economy

Bank-Anthony Okoroafor, former President, Petroleum Technology Association of Nigeria (PETAN), on Wednesday said government must focus on fiscal policies to survive the impact of the

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JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program

Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bank for their alleged unlawful and fraudulent practices in

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Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called

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Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed

Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than

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Bitcoin Halving Searches Surge – Phrase Touches Google Trends All-Time High

The notorious bitcoin halving is expected to happen in 20 days either on or around May 12, 2020. The anticipation leading up to the event

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COVID-19: Update on Public Enlightenment and Advocacy

Although a respected opinion poll, the NOIPolls, has shown that 99% of Nigerians are aware of COVID-19, the Federal Ministry of Information and Culture and

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Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours

The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation

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Lagos Govt increases hazard allowance of health workers to N25, 000

Gov. Babajide Sanwo-Olu of Lagos State has approved an increase in the hazard allowance of health workers in the state public service from N5,000 to

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Felicitation and Moon Sighting for Ramadhan 1441 A.H

The month of Ramadan (is that) in which was revealed the Quran, a guidance for mankind and clear proofs for the guidance and the criterion

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FG warns Nigerians against uncertified Covid-19 vaccine

The Federal Government on Tuesday warned Nigerians against patronising uncertified Coronavirus (Covid-19) vaccine, yellow in colour, being hawked in Kano. The Minister of Information and

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Federal Reserve Index: The US Is Already in Recession

The Federal Reserve Bank of Chicago’s monthly index has plunged, suggesting that the U.S. has entered a recession. The index is designed to gauge the