Bitcoin value drops below $8,500

Bitcoin has had a disastrous week, falling below $8,500 today as investors remain spooked about the future of cryptocurrencies. According to CoinDesk, Bitcoin opened at $9,052 today and hit a low of $7,695. At the time of writing, it had recovered slightly and was trading at $8,403, its lowest price since late November. Bitcoin is extremely volatile and has been declining for the past month. Other cryptocurrencies including Ethereum, Ripple, and Litecoin have all plunged between 20 to 30 percent each, according to CoinMarketCap. It’s been a jarring turnaround for…

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Buhari not a murderer, Presidency replies Sun

The presidency is irked by the frequent hate messages by some newspapers and particularly told The Sun that President Muhammadu Buhari is not a murderer. Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, condemned an opinion published by The Sun newspaper associating Buhari with the killings in Benue and calling him a murderer. Shehu also frowned at the frequent expressions of hate speech published by some newspapers in form of news stories and especially in columns. “We want to state emphatically that a segment…

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Rihanna in Senegal vows to help kids back to school

Megastar Rihanna vowed on Friday in Dakar, Senegal, she would “never stop fighting” to get millions of children back in school. She spoke on Friday at a conference co-hosted by President Emmanuel Macron of France and Senegalese President Macky Sall. The conference was organised by the Global Partnership for Education. Rihanna attended as the organisation’s global ambassador. “We have made tremendous progress today but of course our work is never done, we have a long way to go, and this is a fight we are never going to stop fighting,…

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28 African countries lack cancer machine

The International Atomic Energy Agency (IAEA) has bemoaned  the lack of a single radiotherapy machine for cancer treatment in 28 African countries. Yukiya Amano, Director-General of IAEA, said millions of people continued to suffer from cancer in developing countries, due to lack of access to effective prevention, screening, early diagnosis and treatment. Amano, at an event commemorating World Cancer Day, called for continued efforts to ensure greater access to vital cancer services to prevent millions of people from cancer deaths annually. “Twenty-eight African countries do not have a single radiotherapy…

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Pep warns City against Mou’s mind games

Pep Guardiola rubbished Manchester United manager Jose Mourinho’s concession of the Premier League title to his Manchester City side as too soon and warned against complacency ahead of Saturday’s trip to Burnley. Mourinho, whose rivalry with Guardiola stretches back to a stormy relationship as bosses of Real Madrid and Barcelona respectively, told a news conference on Friday that United are now playing for second place after falling 15 points behind City with defeat at Tottenham Hotspur on Wednesday. But Guardiola is not ready to crown his side champions, despite his…

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Olympics: Samsung, Nike deny N/Korea’s athletes phones, uniforms

(Reuters/NAN)  Twenty-two North Korean athletes competing at the upcoming Pyeongchang Winter Olympics in South Korea are to be denied Samsung phones and Nike uniforms as a punishment for the country’s series of nuclear tests. About 3,000 athletes competing in the Winter Olympics are set to get the gifts which include the latest $930 Samsung smartphones, top of the range new equipment to take home and sleek Nike uniforms as the Games get underway on Feb. 9. But the North Koreans would however, not benefit. Tough international sanctions, including travel restrictions…

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Bayelsa saves N300m from LG restructuring

The Bayelsa Government has said that the ongoing reforms at the local government areas saved the state about N300 million after the monthly wage bill of the eight council areas were reduced. Dr Agatha Goma, the Commissioner for Local Government Administration, stated this on Friday at the ongoing inter-ministerial briefing to mark the sixth anniversary of the Seriake Dickson administration. She noted that the current administration had introduced fiscal discipline and set up procedures on prudent management of public funds at the local government level in the state. The commissioner said the reforms…

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22 political parties strategise for restructuring, 2019 polls

Twenty-two political parties under the umbrella of Committee of Concerned Political Parties (CCPP) have constituted six committees on security, restructuring and 2019 general elections. Interim Chairman of CCPP, Dr Onwubuya Breakforth, made this known to newsmen on Friday in Abuja. Breakforth, who is the National Chairman of Freedom and Justice Party (FJP), said that the group was concerned about boiling national issues, including killings by herdsmen and restructuring. He said that the group was committed to contributing its quota towards addressing them. The sub-committees, according to Breakforth, are on restructuring…

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Falana to Obasanjo: Stop insulting Nigerians

Human rights activist and senior advocate of Nigeria, Mr. Femi Falana, has urged former President Olusegun Obasanjo to stop insulting the collective intelligence and memories of Nigerians having instituted the culture of impunity in the country. Falana spoke in Benin on Friday, while reacting to Obasanjo’s special statement last week, which asked President Muhammadu Buhari not to seek re-election next year. The human rights activist said Obasanjo had the opportunity to be great by providing good leadership and ridding the country of corruption. But he chose instead to instal a…

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Scientists record breakthrough in cancer war

Scientists at Stanford University in the United States have raised hopes that the war against all forms of cancer may soon be won, following the result of an amazing experiment using mice. The scientists found that by  injecting directly a combination of two immune boosters into solid mouse tumours, all traces of the specifically targeted cancer vanished, according to the research paper published in the journal Science Translational Medicine. “When we use these two agents together, we see the elimination of tumours all over the body,” Ronald Levy, senior author of the…

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