Bitcoin cash fork hits investors’ pocketbooks as two coins slip
The combined value of the two coins spawned from the so-called forking of Bitcoin is less than that of a single Bitcoin Cash coin Wednesday, according to data from exchange Poloniex. Bitcoin Cash SV, as one version is called, is trading at about $96.50, and Bitcoin Cash ABC, the other is $289, or lower than what Bitcoin Cash closed at $425.01 yesterday.
VAT revenue inches up by 2.5% in Q3’18
A total of N273.5 billion was generated by the Federal Inland Revenue Service, FIRS, as Value Added Tax (VAT) for the third quarter 2018, Q3’18.
Oil output up by 200,000 bpd as Total begins production at Egina field
Nigeria’s oil output has risen by additional 200,000 barrels per day, bpd, following the coming on stream of Egina field.
2019 ECONOMY: Manufacturers see bleak outlook for budgetary process, inflation
The Manufacturers Association of Nigeria, MAN, has expressed fears that worse fate awaits the economy on the heels of a likely late passage of the 2019 budget. They also projected that developments in the global economy, especially in the area of interest rates and tightening commodity markets, would likely contract investment inflow to the country.
Operators blame govt, politicians over N1.9trn investors’ loss in stock market
Operators in the capital market have attributed the huge losses suffered by investors in the stock market in 2018 to the activities of the government and political parties.
Monarch tasks politicians, stakeholders on peaceful polls
THE Obanobhan of Ogbia Kingdom, His Eminence, King Dumaro Owaba, has called for peaceful conduct of the 2019 general election.
