The International Monetary Fund has said the growing adoption of cryptocurrencies pose risks to the global economy.

The International Monetary Fund has said the growing adoption of cryptocurrencies pose risks to the global economy.

The International Monetary Fund has said the growing adoption of cryptocurrencies pose risks to the global economy. The IMF said this in its ‘Global Financial Stability’ report released on Tuesday. It said the adoption of crypto assets and stablecoins in emerging markets and developing economies could pose a challenge to those countries’ macroeconomic and financial stability. According to the fund, while the risks are contained for now, regulators have to […]

October 13, 2021 21

BUSINESS

The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office.

The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office. Officials of the Budget Office did not appear before the Senate Public Accounts Committee. SPAC, relying on the 2016 report of the Auditor General for the Federation, alleged that the N19bn was paid to four agencies through verbal directive by the Director General of the Budget Office in 2015. The […]

October 13, 2021 19

ENTERTAINMNET

American rapper, Rick Ross has agreed to pay his ex-girlfriend Briana Singleton $11,000 per month in child support.

American rapper, Rick Ross has agreed to pay his ex-girlfriend Briana Singleton $11,000 per month in child support. The rapper is also on board for additional annual payments of up to $3,000 per child for extracurricular expenses if the figure goes past $7,560. A judge in Rick Ross’ paternity case, has reportedly signed off on his agreement to send monthly child support payments for their three kids. Rick Ross’ monthly income is said to […]

September 29, 2021 485

ENTERTAINMNET

Nigerian On-Air personality, Nedu has refuted the claims that he forcefully took his children from his ex-wife, Uzoamaka Ohiri.

Nigerian On-Air personality, Nedu has refuted the claims that he forcefully took his children from his ex-wife, Uzoamaka Ohiri. The popular radio personality in a post shared via his Instagram page on Tuesday, September 28, 2021, denied the reports, insisting that it was a unanimous decision between himself and Ohiri. According to the OAP, he is tired of how messy the rift with his ex-wife has gotten. He also advised his […]

September 29, 2021 25

ENTERTAINMNET

Nigerian film industry veteran Ajoke Silva is celebrating four decades in the industry alongside her 60th birthday.

Nigerian film industry veteran Ajoke Silva is celebrating four decades in the industry alongside her 60th birthday. The screen and stage actress recently released stunning photos on Instagram to mark the milestone. The multiple award-winning actress has featured in over 100 productions since her career kicked off from stage. Joke landed her breakout role starring alongside Colin Firth and Nia Long in the British-Canadian film 'The Secret Laughter […]

September 29, 2021 21

NEWS

The Federal Government has imposed a travel ban on no fewer than 2,000 Nigerians and foreigners, restricting their movement in and out of the country.

The Federal Government has imposed a travel ban on no fewer than 2,000 Nigerians and foreigners, restricting their movement in and out of the country. This was disclosed the National Incident Manager of the Presidential Steering Committee, Mukhtar Muhammad, at a briefing in Abuja. A statement from the PSC on COVID-19 said it had banned more than 2,000 Nigerians and foreigners from travelling out and into the country […]

September 29, 2021 25

NEWS

The Director General of the Nigerian Meteorological Agency, Prof. Mansur Matazu, has said that the newly established meteorological institute in Katsina will boost the agency’s technical manpower support and serve as a centre to provide refresher training on impact of climate on different sectors of the economy.

The Director General of the Nigerian Meteorological Agency, Prof. Mansur Matazu, has said that the newly established meteorological institute in Katsina will boost the agency’s technical manpower support and serve as a centre to provide refresher training on impact of climate on different sectors of the economy. A statement from the agency said it had received support from the Ministry of Aviation, adding that degrees in meteorology and climate change […]

September 22, 2021 8

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