Day: March 1, 2021

Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade

Aliyu Aliyu

    More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports. Tola Fadugbagbe recalls moving to Lagos from his small south-western town 10 years ago with dreams of brighter prospects. Instead, the 34-year-old ended up in a series of odd jobs earning the minimum wage to survive – a typical story for many young Nigerians who are just trying to get by. It was not until 2016 that online adverts…

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Obaseki exits FCMB as Executive Director, bank awaits CBN’s nod for non-ED

Tade Salako

  The Board of First City Monument Bank (FCMB) has considered and approved the appointment of an Independent Non-Executive Director, subject to the approval by the Central Bank of Nigeria (CBN). The Board of the bank has also announced the retirement of Mr Peter Obaseki as an Executive Director of the company. The notification is part of the decisions reached at the company’s Board meeting held today, 26th of February, 2021. According to the disclosure signed by the company’s secretary, Mrs. Olufunmilayo Adedibu, the retirement of Mr Obaseki from the Board of…

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Business Times ex-Energy Editor, Mike Owhoko, bags PhD

Precious Ibekwe

  The former energy Editor of Business Times (Daily Times Group),  Michael Owhoko, has been awarded a Doctor of Philosophy (PhD) in Political Science by the Selinus University. He has over 30 years’ experience in media and communications, spanning the newsroom and corporate world, including the banking and, oil and gas industries. Owhoko, whose thesis was, according to a statement, entitled, “The Future of Nigeria,” was awarded the Ph.D after a successful defence of his dissertation. “Impressed by the intellectual depth and rigours of his work, his supervisor, Professor Salvatore…

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