Why Bitcoin is the best way to send funds to developing countries
Using this virtual currency to send funds overseas allows users to avoid the high costs of money transfer companies and traditional banks. On the other hand, Bitcoin offers citizens of these countries living abroad an efficient way to send funds to their loved ones without incurring high transaction fees. And because Bitcoin transactions are relatively cheaper and faster, more and more people prefer it to send funds over traditional money. However, many people, especially those in developing countries, prefer this technology to send funds home. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time.
Source:The Guardian
January 20, 2022 12:40 UTC
I won’t let people talk down on my husband, Toyin Abraham knocks critics
Nollywood star, Toyin Abraham Ajeyemi, has knocked critics who ridicule her husband’s hard work. She noted that whatever her husband has was from his hard work and not due to her popularity. Do not ridicule his hard work and what he stands for. “I am the last born of my family and you’d think I’m the richest just because I’m famous which is far from the truth. “Celebrate people without trying to pitch them against another person or ridicule their hard work or give credit to another.
Source:Punch
January 20, 2022 12:03 UTC
Delta Air Lines releases 2021 financial results
American Delta Air Lines has reported financial results for the December quarter and full year 2021 and provided its outlook for the March quarter, 2022. As always, our people drove this success which is why we were happy to announce a special profit-sharing payment for all eligible employees. For the full year 2021 financial results, the airline had adjusted pre-tax loss of $3.4 billion excluding a net benefit of $3.8 billion from items primarily related to the Payroll Support Programs (PSP), partially offset by equity method losses, debt extinguishment charges and special profit-sharing payment. IN CASE YOU MISSED THESE FROM NIGERIAN TRIBUNEIt generated a pre-tax profit of $1.1 billion in the second half of 2021. Excluding PSP, mark-to-market adjustments, equity method losses and debt extinguishment charges reported an adjusted pre-tax profit of $386 million in the second half of 2021.
Source:Nigerian Tribune
January 20, 2022 05:33 UTC
Lagos acquires new fleet for metropolitan rail project | The Guardian Nigeria News - Nigeria and World News
In line with his administration’s commitment to traffic management and transportation, Governor Babajide Sanwo-Olu has acquired two sets of new 10 cars Talgo 330kmph trains for Lagos Red Line project. The trains will be heading to Lagos, for the Red Line, a 37-kilometre track rail project started by the governor. The project will have 11 stations, and when completed, it will be the first operational metro system in West Africa. We have seen our beautiful white and red trains. Coincidentally, the rail line is called Red Line, and you can see they have given us the colour.
Source:The Guardian
January 20, 2022 04:36 UTC
Rice pyramids do not match up to reality
To build rice pyramids composed of one million bags means there should have been approximately 65 of those structures. It also did not help the government’s credibility that former Ogun governor, Senator Ibikunle Amosun, once celebrated bogus rice pyramids. They have spoken in superlatives, noting that these rice pyramids are a feat destined for the Guinness Book of Records. Yet, if the rest of the world has not paid that much attention to Nigeria’s rice pyramids, it is because we are not yet competitive in the global rice market. Rice pyramids look impressive but the questions of availability, affordability and even the sustainability that they raise are far more crucial.
Source:Punch
January 20, 2022 03:40 UTC
NUT strike: Niger pupils still home two weeks after resumption
Almost two weeks after resumption in other states, pupils in Niger State are yet to resume with no hope at when the impasses between the Niger State Government and Nigerian Union of Teachers would be over. A parent, Musa Sale, whose child is in primary school said he didn’t understand why the issue cannot be resolved once and for all. “This problem has been on for a long time and I wonder why the government doesn’t want to pay them their full salaries. If not, in a matter of hours, the issue would be over”. Most of the women were worried about their children seeing other children in private schools go to school while they stay at home doing nothing.
Source:Punch
January 19, 2022 23:21 UTC
Westminster mood increasingly toxic as Tories mull next steps
But the mood around parliament remains fraught amid rising tensions between backbenchers and the government. Tory MPs grapple with nervous colleagues asking whether they want to back or sack Johnson. Many are holding off on deciding whether to commit regicide until the parties report by civil servant Sue Gray surfaces. Some of those who have not yet put in a letter privately said they would vote against Johnson in such a scenario. Tory MPs will have to keep their brave faces on as they prepare to endure another prime minister’s questions on Wednesday where Johnson has to field questions about No 10 parties.
Source:The Guardian
January 19, 2022 20:32 UTC
Equities investors stake N3.4bn in a bullish trade
On Wednesday, the equities trading session ended positively as investors traded stocks worth N3.4 billion in 4,218 deals. The local bourse index rebounded by 0.20 per cent to close at 42,353.31 basis points amid bargain hunting on shares of some high and mid capitalised stocks. Market breadth was also positive as the Exchange printed a higher number of 21 gainers than 19 losers. The NGX Insurance index, NGX Industrial Index and the NGX Consumer Goods index increased by 0.60 per cent, 0.62 per cent and 0.28 per cent respectively. Meanwhile, the market transaction was mixed as the volume of stocks traded increased by 36.99 per cent to N341.69 million while the value of stocks traded fell by 1.08 per cent to N 3.54 billion.
Source:Nigerian Tribune
January 19, 2022 20:32 UTC
Twitter: Garba Shehu Follows Tinubu Support Group
The Senior Special Assistant on Media and Publicity, Garba Shehu, is now following the Tinubu Media Support Group on Twitter, The PUNCH has observed. Shehu, who was among the first presidential spokesmen to tweet after the Twitter ban was lifted on January 13, has been active ever since. The PUNCH noted that before the ban, Shehu, who joined Twitter in April 2015, followed 365 other accounts. Our correspondent observed that the latest account he followed was that of the Tinubu Media Support Group. The TMS with the handle @TinubuMediaS, which was opened after the ban was lifted, also follows the All Progressives Congress presidential hopeful, Bola Tinubu.
Source:Punch
January 19, 2022 20:05 UTC
Only ‘extra’ men can openly love fat women, says comedienne Lepacious Bose
Nigerian comedienne and actress, Bose Ogunboye, popularly known as Lepacious Bose, has noted that only extra men could love a fat woman openly. Lepacious Bose noted that plus sized women had filled her direct messages with stories of how they were left heartbroken due to their size. “Fat ladies who have had their hearts broken by men who left them because they felt they are too big!”She noted that only strong men could love a fat woman and only extra men could openly love such a woman. The actress said, “It takes a strong man, a real man to love a fat woman. “Kudos to all the strong men who are not afraid to love fat girls, may your bank account never lose weight!
Source:Punch
January 19, 2022 19:08 UTC
Award winning, Netflix featured Nigerian actress Toyin Abraham shows support to disadvantaged school girls during her recent visit to the UK
Toyin joined hands with a charity called Elevate Her UK to supply brand new school uniform to girls from low-income households. The uniform giveaway was a way to relieve parents of the financial burdens that the pandemic has caused so far. Founder of Elevate Her UK, Ebony KingElevate Her UK as seen on ITV News provide support to vulnerable teenage girls and young women from disadvantaged backgrounds by offering mentoring, outreach and empowerment workshops. Founder of Elevate Her UK, Ebony King says “I take pride in supporting my community the best way I can. Most of the girls Elevate Her UK work with have experienced school exclusion, domestic abuse, gang grooming, mental health issues, drug abuse, teenage pregnancy and more.
Source:The Guardian
January 19, 2022 17:12 UTC
Another batch of 1,030 Benin artefacts for repatriation from Germany
Nigeria will receive no fewer than 1,030 Benin artefacts from Germany this year, Director-General, National Commission for Museums and Monuments, Abba Tijani, has said. Tijani told the News Agency of Nigeria (NAN) in Ibadan yesterday that many artefacts had been received from the European nation, but the commission would receive at least an additional 1,030 in 2022. The objects were taken from the country during the punitive expedition of Benin in 1897. According to him, when the artefacts would be received, it would give the commission the opportunity to build new museums and attract more tourists across the world. Tijani said the commission had called for the expansion of the National Museum in Abuja and that of Benin so that the objects could be displayed.
Source:The Guardian
January 19, 2022 17:07 UTC
What Tinubu told me after I resigned as PGF DG —Lukman
“Interestingly, following the news of my resignation, many party leaders and members called to express these worries. One of the party leaders who honoured me with an invitation to meet him late on Tuesday, January 17, 2022, was Bola Tinubu. He declared his support to all decisions of President Buhari to ensure that APC Convention hold in February 2022. Good enough, the Caretaker Committee has announced that the Convention will hold February 26, 2022,” Lukman explained. This is expected to produce new leadership, which should emerge at the party’s National Convention.
Source:Punch
January 19, 2022 16:57 UTC
Only six of Nigeria’s offshore rigs operational as oil prices near $90
As oil prices continue to rally, edging closer to $90 a barrel, there are concerns about the country’s capacity to take advantage of higher prices, going by the abysmal production output. Specifically, the MOMR showed that Nigeria’s production in December, based on direct communication, was lower at 1.19 million barrels per day (mbpd) compared to 1.27mbpd recorded in November. Nigeria was expected to produce 1.66 million barrels a day of crude under the OPEC+ agreement for December. Despite a projected, 1.86 million barrels daily oil production in the country’s 2021 budget, Nigeria recorded a deficit of almost 200 million barrels in the first 11 months of 2021, due to production challenges. The group puts global oil demand growth at 4.15mn b/d this year, for a total of 100.79mn b/d.
Source:The Guardian
January 19, 2022 16:48 UTC
Lagos State acquires two new speed trains for Red Line
Lagos State has acquired two new speed trains for its Red Line metro project, a 37-kilometre intracity railway system. “The 37km Red Line on completion will traverse eight stations and move passengers from Agbado to Oyingbo,” Governor Banajide Sanwo-Olu said on Wednesday. The red line will have 11 stations and when completed, it will be the first operational metro system in West Africa. Abimbola Akinajo, said Lagos State government is excited to complete the purchase of the two brand new trains. Coincidentally, the rail line is called Red Line and you can see they have given us the colour.
Source:The Guardian
January 19, 2022 14:39 UTC