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Showing posts with the label News

The ETF and You: What Bitcoin’s Big News Means

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The latest news in the Bitcoin space is one that has been in the making for four years: the Winklevoss’ twins Bitcoin ETF will soon be accepted, or rejected, by the Securities and Exchange Commission (the SEC). This decision will leave ripples in Bitcoin’s history, and it’s the first step to legitimizing Bitcoin’s acceptance with the general public. But first, let’s look at what an ETF is, and why they’re so important. Mutual and Exchange-Traded Funds Funds are important – it’s a building block towards a particular purpose. The most common type of fund – a retirement fund – is a sum of money for after we’ve entered retirement, allowing us to live comfortably in our older years.

Coinbase Obtains BitLicense, Only Exchange in New York to Comply

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On January 18, the New York Department of Financial Services (NYDFS) officially granted Coinbase with the BitLicense, a frequently criticized regulatory framework designed for Bitcoin due to its impractical requirements and policies. Only two companies have obtained the BitLicense to this date since its introduction in August 2015. Although nine companies including Xapo, Bittrex, and Bitstamp applied for the license to operate in New York, it has only been granted to Circle and Ripple. Coinbase is

Bitcoin Acts as a Glimmer of Hope for Zimbabwe’s Failing Economy

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Zimbabwe is once again finding itself in a disastrous economic situation as the country is suffering from the worst drought in 35 years and an acute shortage of cash to uphold an already fledgling economy. BTCManager reported on November 30

Lagos Plans Recruitment of 5000 Neighbourhood Watchers to Boost Security.

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We’ll soon roll out empowerment programmes- Ambode ...Special status for Lagos, only a matter of time- Oba Akiolu … As governor holds 5thTown Hall Meeting In Surulere Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday disclosed plans to recruit at least 5,000 Neighbourhood Watchers to boost security across the State, with new recruits expected to earn at least N25, 000 monthly with other allowances. Governor Ambode, who spoke at the 3rd Quarter 2016 Town Hall Meeting, held at the Indoor Sports Hall, Teslim Balogun Stadium, Surulere, said the neighbourhood Safety Agency Bill which he signed into Law on August 15, 2016, was part of efforts to institutionalise and deepen community policing in the State.

Lagos Signs MOU with AWIEF on $300m Fund to Empower Women Entrepreneurs

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Lagos State Government on Tuesday signed a Memorandum of Understanding (MOU) with African Women Innovation and Entrepreneurship Forum (AWIEF) expected to facilitate the process of ensuring that women entrepreneurs have access to $300 million fund to boost their businesses. The State’s Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, who disclosed this to journalists yesterday at a media briefing at the Bagauda Kaltho Press Centre in Alausa, said the $300 million is a women’s Economic Empowerment Fund set aside by African Development Bank (AFDB) for empowering African women. Ashade said, “Lagos Women Economic Empowerment Initiative

The Best News You Don’t Know - Nicholas Kristof

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The world is a mess, with billions of people locked in inescapable cycles of war, famine and poverty, with more children than ever perishing from hunger, disease and violence. That’s about the only thing Americans agree on; we’re polarized about all else. But several polls have found that about 9 out of 10 Americans believe that global poverty has worsened or stayed the same over the last 20 years. Fortunately, the one point Americans agree on is dead wrong.

FIRS Vacancy/Employment Adverts

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Please inform others who might need the information. Application portal will open on Monday 29th August 2016. Applicants are to apply online. Visit www.firs.gov.ng/careers from the said date. Papers: 1. Punch 2. Guardian 3.Leadership 4. Daily Trust 5. Businessday 6. Vanguard

Ambode Approves N15.5million for Varsity Entrepreneurs

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Lagos State Governor, Mr. Akinwunmi Ambode has approved the sum of N15.5million as seed funding and grants for final year students enrolled in the Ready.Set.Work (RSW) program. Ready.Set.Work is an entrepreneurship and employability training program for final year students of tertiary institutions in Lagos State, aimed at preparing them for economic productivity as value-creating employees or employers of labour. Commencing in June 2016, five hundred

Lagos Shuts 12 Houses as Police Uncivers illegal Oil Well

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Stations Fire Tanker, Prepares Temporary Accommodation For Victims ...As Lagos CP Confirms Arrest of Three Suspects The Lagos State Government on Friday shut 12 houses in Abeokuta and Ibadan Streets in Ilasamaja area of the State over discovery of shallow oil wells built by landlords to illegally scoop diesel from pipeline belonging to the Nigerian National Petroleum Corporation (NNPC). The oil wells were said to have been built for the purpose of illegally

How to Stop Unsolicited Messages from MTN, Airtel, Glo, Others

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‎Following a Direction to the telecommunications service providers in the country, the operators, will from July 1, 2016, activate the DO NOT DISTURB facility which gives subscribers the freedom to choose what messages to receive from the various networks. With this Direction the operators have been mandated to dedicate a common Short Code (2442) which will enable subscribers take informed decisions. Mr. Tony Ojobo, Director of Public Affairs, Nigerian Communications Commission (NCC), in a statement, said this action was taken in order to protect subscribers from the nuisance of unsolicited texts, and therefore a direct

Facebook, Whatapp & Instagram Progress Stated By Mark Zuckerberg

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We just shared our quarterly results and gave an update on our community's progress to connect the world. Our community now has 1.7 billion people. We hit milestones of 1 billion people on Messenger and 500 million on Instagram each month. We successfully flew Aquila -- our solar-powered plane designed to beam

Creating Value for Lagosians remains my Top Priority - Ambode

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...Says State'll witness massive transformation in six months ...Tourism, transport, environment sectors to experience quantum leap Lagos State Governor, Mr. Akinwunmi Ambode on Friday expressed total commitment to the actualization of the various initiatives put in place by his administration towards making life better, simpler and more prosperous for the people, just as he assured that the State would witness massive transformation in critical sectors in the next six months.

LASG Advises Widows and Retiring Pubilc Servants to Take Advantange of Skill Acquisition Training

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The Lagos State Commissioner for Women Affairs and Poverty Alleviation, Hon. Lola Akande has advised widows and retiring public servants in the State to take advantage of Skill Acquisition Training to improve their sources of income for their families during this period of economic recession. This advice was given at the Women Development Centre, Agege, Lagos, on Thursday at the closing ceremony of a Four Weeks short term skills acquisition training programme for widows and retiring public servants in the State. The Commissioner, represented by the

Vacancy in Lagos State Civil Service

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Suitable applicants are advised to apply for the positions in the attached advert . Lagos State Government: Application invitation from qualified candidates

Lagos Earmarks N20bn to Revamp Health, Education Sectors

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...Spends N115bn on capital projects in six months ...Says State will activate Badagry Tourism potentials ...As governor holds 4th Town Hall Meeting In Badagry Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said his administration has concluded plans to massively revamp the health sector, just as he among other things, revealed that the sum of N10bn has been earmarked to upgrade the health facilities across the State. Governor Ambode, who spoke at the 4th Quarterly Town Hall Meeting held at

Microsoft Buys LinkedIn for $26.2B

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Microsoft, Yesterday, announced that, is acquiring LinkedIn, the social network for professionals with 433 million users, for $26 billion, on $196 per share, in cash. The transaction has already been approved by the boards of LinkedIn and Microsoft. LinkedIn is keeping its branding and product. It will become a part of Microsoft’s productivity and business processes segment. LinkedIn’s CEO Jeff Weiner will report to Microsoft CEO Satya Nadella. Read the letter Microsoft CEO Satya Nadella sent to employees about the buy after the cut: Team, I'm excited to share that today Microsoft

OFFICE OF VICE PRESIDENT PRESS RELEASE

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FG COMMENCES RECRUITMENT OF 500,000 UNEMPLOYED GRADUATES FOR TEACHING JOBS NATIONWIDE ON JUNE 12 *Non-graduates' training programmes also open for additional 100,000 young  Nigerians IN WHAT IS THE FIRST ROLL-OUT OF ITS N500B SOCIAL INVESTMENT PROGRAMMES, the Buhari presidency will start taking applications online for positions in the 500,000 direct teacher jobs scheme, through an internet portal named npower.gov.ng.

Ajah Flyover Construction: Diversion Commences

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The Lagos State Government through the Contractor Messrs. Hitech Construction Company Ltd has commenced the construction of Ajah Reinforced Concrete Flyover. This Bridge on completion will alleviate the traffic gridlocks been experienced by motorists in Ajah and its environs. Vehicular movements in and around Ajah roundabout will henceforth be disallowed from Tuesday 7th June, 2016. As part of the Traffic Management

Federal Government ICT for Change Program

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Fellow Badagrians and Nigerians Federal Government has organized "ICTforChange" program designed to train 2000 youths in ICT/Telecoms Age:18-30years Training Courses Covers; 1. ICT Fundamentals 2. Huawei Certified Datacom Associate (HCDA) certification 3. Telecoms Power 4. BTS and Mircrowave Installation

Oba of Ajido Kingdom Coronation at Badagary..Photos

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Here come the AHOLU (OBA) SAHEED TEMITOPE ABIORO SEDONU ADAMSON