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The Debt Management Office (DMO) says Nigeria’s external debt profile is now worth $31.98 billion in loans taken from the World Bank Group, International Monetary Fund (IMF), African Development Bank (AfDB) Group, and others as of September 2020. This is contained in the September 30, 2020, debt stock report recently released by the DMO. According to the report, Nigeria owes an outstanding $10.74 billion loan to be paid to the International Development Association (IDA) and…
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Bitcoin seems to be running out of gas after the world’s flagship cryptocurrency hit a speedbump on Monday. The famed crypto tumbled about 17 percent to $28,154.11 in early-morning trading just a day after it surged to a new all-time high of $34,544.94 on Sunday, according to data from cryptocurrency news site CoinDesk. Some analysts saw signs that cryptocurrency traders might be rotating out of bitcoin into digital-market alternatives like ether (ETH) and litecoin (LTC).…
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Tony Elumelu Foundation (TEF) has opened the application window for the 2021 edition of its program for African entrepreneurs.
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Juventus star Cristiano Ronaldo has become the first person in the world to reach 250 million followers on Instagram, becoming the platform's most-followed account apart from Instagram's own account.
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The self-proclaimed leader of the secessionist group, the Indigenous People of Biafra, Nnamdi Kanu has identified the British government as the main impediment against the actualization of an independent state of Biafra.