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Davido Launches New Cryptocurrency “Echoke Social Token”

Davido has announced the launch of his cryptocurrency, ‘Echoke social token.’ Davido made the announcement in a Twitter post expressing excitement about the social token. In the post, he noted that with his social token value created by fans to ...

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Sale of motorcycles banned in Niger state over security challenges

Governor Abubakar Sani-Bello of Niger State has banned the sale of motorcycles in the state. Secretary to the State Government, Ahmed Matane, said in a statement issued in Minna on Saturday that the ban resulted from incessant security challenges in ...

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Bitcoin drops by 7% amid China crypto mining ban

The value of cryptocurrency asset Bitcoin has fallen by seven per cent after China has announced plans to restrict cryptocurrency activities in the country further. “Virtual currency is a specific virtual commodity that is not issued by the monetary authority, ...

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Pure water sachet may sell for N50m – Water producers warn

The price of ‘pure water’ could balloon from the present N20 to about N50 per sachet very soon, the Water Producers Association of Nigeria (WAPAN) has warned. National President of WAPAN, Eneri Odiri Jackson said the price could rise if the ...

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India sets up gold refinery in Ghana

The Indian government has set up a gold refinery in Ghana, owning 80 per cent of gold refined in the first five years. Local media reports that Ghana deputy minister of Land and Natural Resources, George Mireku Duker, made this ...

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Kim Kardashian’s Skims x Fendi launch pulls in $1M in one minute

Kim Kardashian is making millions by the minute. On Tuesday, the 41-year-old shapewear mogul dropped her latest Skims collection, a collaboration with high-fashion brand Fendi, to much fanfare. Though there are still a scant few styles up for grabs, tons ...

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Nigerian businessman docked for producing fake PUMA sportswear

A Nigerian man, Abuchi Nwaribeaku, was on Monday docked before a Magistrates’ Court in Lagos for allegedly producing fake Puma sportswear. Nwaribeaku, 36, a resident of Surulere in Lagos, is facing a two-count charge bordering on forgery and conspiracy. He, ...

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Collapsed Ikoyi building was going for N2.85 billion per apartment

Luxury apartments in the 21-story building that collapsed on Gerrard Road, Ikoyi, Lagos, were being sold for $5 million (N2.85 billion at the prevailing exchange rate of N570/$) per apartment, according to online listings. A flyer designed for the residential ...

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Facebook changes name to Meta

Facebook has changed its name to Meta in a major rebrand as the social media giant faces an scrutiny over its business practices. The company said the new name would better “encompass” what it does now, a reference to its ...

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After 48hrs, eNaira app removed from Google Store amid criticism

The Central Bank of Nigeria says it will not bear any liability for any interruption, loss of revenue or loss of services arising from the use of the eNaira website. This is just as the eNaira speed wallet disappeared from ...

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FG lists Diezani Madueke’s buildings, jewellery, bras for sale

  The Federal Government has begun the process for the valuation of property belonging to several politically exposed persons, including the embattled former Minister of Petroleum Resources, Diezani Alison-Madueke. The Diezani property located in highbrow Banana Island Foreshore Estate, Ikoyi, ...

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Michael Jordan’s shoes sell for nearly $1.5m, auction record

A pair of trainers worn by NBA superstar Michael Jordan early in his career have sold for nearly $1.5m, setting a record price at auction for game-worn footwear. The white leather shoes with the red Nike swoosh and soles were ...

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Elon Musk set to become first trillionaire on earth

  Elon Musk, the world’s richest person is estimated to have a net worth of $242 billion, according to the Bloomberg Billionaires Index. Although he is already the world’s richest person, he could also become the first member of the ...

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Facebook plans change of name for next week

Facebook Inc (FB.O), under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new name that focuses on the metaverse, the Verge reports.   The name change will be announced next week, The ...

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Netflix’s mega hit Squid Game is revealed to be worth almost $1.2 BILLION for the streaming giant

Netflix’s biggest original series Squid Game is estimated to be worth almost $US900 million ($A1.2 billion) for the streaming giant, Bloomberg News reports, citing figures from an internal Netflix document. The nine-episode thriller, in which cash-strapped contestants play childhood games ...

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Piggyvest Bamise ImagineLenders scam allegation: Piggyvest says report is false and unfounded

  Piggyvest Bamise ImagineLenders scam allegation: Report claiming Piggyvest lost N2billion in an alleged Bamise ImagineLenders scam trending on Instagram has been described as completely false and unfounded by Piggyvest. Piggyvest Bamise ImagineLenders scam allegation: Piggyvest says report is false and ...

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Why I failed at my nightclub business, AY Comedian revealsa

  While some celebrities find it difficult to share stories about their failures, others see it as a way to inspire their fans. In light of this, ace comedian and actor, Ayo Makun- AY Comedian, has opened up about his ...

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12.5kg Cooking gas may rise to N10, 000 in December – Marketers warn

Marketers of Liquefied Petroleum Gas, well known as cooking gas, on Saturday, expressed worry over the supply shortage leading to persistent increase in the price of the commodity. They warned that 12.5kg of cooking gas currently selling between N7,500 and ...

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Justin Bieber ventures into cannabis business

  Justin Bieber, Canadian singer-songwriter, has launched a joint venture with Palms, a US-based company, to sell pre-rolled cannabis. The initiative titled ‘Peaches’ is named after Bieber’s hit song released in March. Bieber had earlier hinted at the partnership in ...

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Google to invest $1bn to lift Africa internet access

  Google on Wednesday said it will invest $1 billion over the next five years to allow faster and more affordable internet access and support entrepreneurship in Africa. Internet reliability is a problem in Africa where less than a third ...

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Rare drawings by Muhammad Ali sell for nearly $1m

A rare collection of drawings, sketches and paintings by champion boxer Muhammad Ali has sold at auction for nearly $1m. Some 26 art works went under the hammer at Bonhams auction house in New York. One of the most anticipated ...

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