Nigeria Suspends Removal of Subsidy Indefinitely

Last year, Nigeria came close to removing fuel subsidy following the lifting of petrol pump price to N165 per liter. The move generated a lot of backlash and protest from organized labor, who argued that it will compound the suffering…
Crypto Market Loses More Than $1Trillion

It was short-lived – the excitement that followed Bitcoin’s all-time-high in November. The cryptocurrency’s Bull Run that saw bitcoin came close to $70,000 ended prematurely and ushered in a down-spiraling market trend that has ignited mourning among investors. Bitcoin dropped…
Russia Plans to Ban Cryptocurrency

In the latest government’s threat to the crypto market that suggestively contributed to its current plunge that has put the market capitalization at below 40%, the lowest since July, Russia is wielding the amour. Russia’s central bank on Thursday proposed…