Bitcoin recovers some losses after its worst week since 2013

Bitcoin rose 15 percent on Tuesday, recouping about half of the losses it sustained last week, its worst since 2013, as investors who had missed out on earlier rallies bought the world’s biggest and best-known digital currency. While bitcoin investors and analysts believe last week’s decline in its value was a natural correction after a heady run-up in prices, there have been further warnings from market regulators and central banks. Bitcoin fell nearly 30 percent at one stage on Friday to $11,159.93. At 3:09 p.m. (2009 GMT) on Tuesday, bitcoin…

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Olivier Giroud’s wife doesn’t want Everton move – Sam Allardyce

Sam Allardyce has claimed that Olivier Giroud’s wife is standing in the way of a potential move to Everton in January. The Toffees’ lack of firepower was made evident again on Tuesday as they spluttered to a 0-0 draw against West Bromwich Albion. Aside from Wayne Rooney the club have struggled in front of goal, making a new striker a must for the coming transfer window. Giroud, however, might be barred from swapping Arsenal for Goodison Park if Allardyce’s analysis of the situation is accurate. “I wouldn’t have thought [Giroud…

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NIMASA to release Nigeria maritime industry forecast by first quarter 2018 – Peterside

As part of the initiative to reposition the maritime sector for greater efficiency in line with International best practices, the Nigerian Maritime Administration and Safety Agency will release the empirical forecast that will determine the outlook of the industry in Nigeria by the first quarter of 2018. The Director General of NIMASA. Dr. Dakuku Peterside, disclosed this in Lagos. Peterside further stated that the Nigeria forecast will deal with how developments on the international scene will affect the industry in Nigeria, which will also serve as a guide for investors…

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Russia launches telecoms satellite for Angola

Russia on Tuesday launched a rocket carrying Angosat-1, the first national telecoms satellite for Angola, from its Baikonur space pad, with rare use of a rocket from Ukraine despite collapsed ties between the two nations. Live footage aired by Roscosmos space corporation showed the spacecraft take off into the night from the freezing launch pad in Kazakhstan. It reached initial orbit shortly after. The Zenit-2SB rocket carrying Angosat to orbit was supplied by Ukrainian maker Yuzhmash, making the launch a rare joint project between the two countries since 2014, when…

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Nigeria Computer Society calls for digital inclusion in nation’s economy

The Nigeria Computer Society (NCS) on Tuesday called for digital inclusion in the nation’s economy to enhance diversification from dependence on oil to other sector. said there was need to develop and set the national digital inclusion agenda. Mr Jide Awe, the Chairman, 27th National Conference Committee of NCS, said in a statement in Lagos that it would improve economic performance. According to Awe, digital inclusion is particularly important as diversification of the economy would improve economic performance. “In the 21st century, access to the internet, digital devices and technical…

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Reps Speaker Dogara a torchbearer for younger generation – Timi Frank

A chieftain of the ruling All Progressives Congress, APC, Comrade Timi Frank, has joined millions of Nigerians to felicitate with the Speaker of the House of Representatives, Rt Hon Yakubu Dogara, as he clocks 50, describing him as a torchbearer for the younger generations. Comrade Frank who in a birthday wish, said he is proud of the legislative savviness and dynamism of the Speaker also said that the Dogara is comrade whose “intelligence, humility, hard work, honesty and integrity” have charted a new course for the Green Chambers. While also…

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Israel woos 10 countries on Jerusalem

Israel has started wooing 10 countries to move their embassies to Jerusalem following US President Donald Trump’s decision to recognise the city as capital of Israel. The Foreign Ministry is in touch with “at least 10 countries” from different parts of the world that are mulling over moving their embassies to Jerusalem. Israel’s Deputy Foreign Minister Tzipi Hotovely said: “We are in contact with at least ten countries, some of them in Europe” to discuss the possible move. Her comment came after Guatemalan President Jimmy Morales announced the relocation of…

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Nigeria to host international conference on Lake Chad

President Muhammadu Buhari has approved an international conference in Nigeria on saving the Lake Chad and revitalize its basin’s ecosystem for sustainable livelihood, security and development. Malam Garba Shehu, the president’s Senior Special Assistant on Media and Publicity, made this known in a statement issued in Abuja on Tuesday. Shehu said that conference would be the first international forum on Lake Chad organised by the six-member countries of the basin’s region. “The three-day conference will consist of two days of technical sessions and one day high level meetings between Feb.…

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Policeman shoots colleague to death in Bayelsa

It was a “Black Christmas” in Yenagoa, the Bayelsa State capital following the inadvertent killing of a police officer by a fellow policeman during a gun duel between the police and suspected cultists. An eyewitness who preferred anonymity, told the News Agency of Nigeria (NAN) on Tuesday that the incident occurred on Christmas day at Obele Area of Ovom in Yenagoa, leaving residents in apprehension. According to the eyewitness, trouble started when a misunderstanding among the feasting cultists degenerated to a fight, resulting to gunshots which eventually attracted a police…

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