Cryptocurrency is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. It has become a widely accepted means of payment, with greater capacity and faster settlement than other traditional financial structures. Its use has, however, been prohibited in some countries. An instance is Nigeria, which
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Ngozi Okonjo-Iweala has expressed her gratitude to President Muhammadu Buhari and Nigerians for their unflinching support for her run to become the director-general of the World Trade Organisation (WTO). Okonjo-Iweala had beaten seven other candidates to emerge the most preferred candidate for the much-coveted office, gaining the support of the US government on Friday. Expressing her gratitude to the US,
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Bill Gates, co-chair of the Bill and Melinda Gates Foundation (BMGF), says he is surprised that some people link him with conspiracy theories about the COVID-19 pandemic.Some persons have claimed that the coronavirus pandemic is a cover for Gates’ alleged plan to implant trackable microchips in the world’s populace. But in an interview with Reuters, on Wednesday, Gates described the
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The US house of representatives has voted 232-197 to impeach President Donald Trump for a record second time. On Wednesday, the majority of house members — including 10 of Trump’s fellow Republicans — voted in favour of impeaching him for encouraging his supporters to storm the Congress on January 6. The impeachment resolution charges Trump with just one article: “incitement
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Turkish President Recep Tayyip Erdogan on Friday called the storming of the US Congress by Donald Trump’s supporters a disgrace that has “shocked humankind”. Erdogan had developed a close personal friendship with the outgoing US leader and had waited three days before congratulating Joe Biden over his November 3 presidential election win. But he pulled no punched in condemning what
Read moreUS President Donald Trump has finally condemned the chaos caused by his supporters at Capitol Hill. Supporters of Trump, on Wednesday, overrun the legislative building while lawmakers were in the process of certifying Joe Biden’s victory in the November 3 presidential election. The protesters had marched to the building after they were addressed by Trump, disrupting the event and forcing
Read morePresident Donald Trump says he will not attend the inauguration of Joe Biden, his successor. Trump, who has repeatedly contested his defeat in the recent election, announced this via Twitter on Friday. Biden will take over from him on January 20, 2021, an event which the outgoing president ought to attend as is often the case. “To all of those
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Elon Musk, the South Africa-born American CEO of electric car company, Tesla, has become the world’s richest man. Musk overtook Jeff Bezos, Amazon CEO, on Thursday, following a 4.8 percent surge in Tesla’s share price. The 49-year-old had his net worth rise $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has held the top
Read moreAhead of Wednesday’s joint session of the congress, US President Donald Trump says Mike Pence, the vice president, has the power to “reject fraudulently chosen electors”. The January 6 session is usually a formal exercise presided over by the vice-president acting in as presiding officer of the senate to certify Electoral College votes. In the November 3 presidential election, Joe
Read moreThe US President, Donald Trump, says he he and Americans are very disappointed in the country’s Supreme Court following the rejection by the apex court of the Republican lawsuit seeking to overturn the victory of Democrat Joe Biden in last month’s presidential election. “I am very disappointed in the United States Supreme Court, and so is our great country!” the
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