Changpeng Zhao, widely known as CZ and the founder of Binance, has sparked fresh debate about the future of work after suggesting that cryptocurrency could make traditional jobs unnecessary for many people. In a recent statement shared online, CZ argued that rapid advances in artificial intelligence are likely to disrupt millions of jobs worldwide. According…
Binance founder Changpeng Zhao (CZ) has sparked fresh debate in the global crypto space with a bold prediction: governments around the world will eventually print unlimited amounts of money to buy Bitcoin as competition for digital assets intensifies. Speaking on the growing role of Bitcoin in the global financial system, CZ argued that nations are…
Nigeria’s external reserves have surged to $46.7 billion — the highest level recorded since 2018 — sparking renewed optimism for economic stability and improved credit conditions. The milestone was revealed by the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who was represented by the Deputy Governor in charge of the Economic Policy…
Bitcoin, the world’s largest cryptocurrency by market value, faced renewed volatility over the weekend, sliding 1.59% to $93,684 as of 4:21 p.m. ET (3:21 a.m. WAT) on Sunday. However, the digital asset regained some momentum by Monday morning, bouncing back to $95,050 at 7:29 a.m. WAT. The recovery follows a sharp decline on Friday, when…
Eric Trump, the son of U.S. President Donald Trump, has made headlines after delivering a fiery speech asserting that Bitcoin will eventually replace the traditional financial system. Speaking passionately during a recent interview, Eric described Bitcoin as the “future of money” and claimed that global trust in fiat currencies is rapidly eroding. According to him,…
Nigeria’s oil revenue declined by 22% to ₦3.9 trillion in the fourth quarter of 2024, reflecting a significant shortfall from budget expectations, according to the Budget Implementation Report released by the Budget Office of the Federation (BOF). The report revealed that the country earned ₦3.91 trillion in gross oil revenue during the period, a drop…
The Nigerian Naira ended the week on a stronger note, appreciating to ₦1,455.5 per US dollar on Friday, according to official data from the Central Bank of Nigeria (CBN). This marks an improvement from Thursday’s closing rate of ₦1,461/$1, highlighting a continued trend of relative stability in the foreign exchange market. Throughout the week, the…
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate, the Monetary Policy Rate (MPR), by 50 basis points, lowering it from 27.5 percent in July to 27 percent. The decision was reached at the 302nd meeting of the Monetary Policy Committee (MPC), held on September 22nd and 23rd, 2025. According to CBN…
Nigeria’s crude oil production surged in July 2025, averaging 1.71 million barrels of oil per day (bopd), according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The July output comprised 1.507 million bopd of crude oil and 204,864 bopd of condensates, reflecting a 9.9% increase year-on-year when compared to July 2024’s…
Renowned investor and television personality Kevin O’Leary, popularly known as “Mr. Wonderful,” has made a bold projection for Bitcoin’s future, forecasting that the leading cryptocurrency could soar to $250,000 within the next two years. O’Leary, speaking on the potential of digital assets, cited growing institutional adoption, clearer regulatory frameworks, and Bitcoin’s scarcity as key factors…
