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3.2 Million Pets Were Sold In The UK During The Lockdown
According to the Pet Food Manufacturers’ Association in the UK, a total of 3.2 million households in the UK have acquired a pet since the start of the global pandemic. The report claimed that the drive for the purchase of pets was a response to social isolation while also adding that young people were the…
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Nigerians To Pay N6.98 On Every USSD Transaction
The Central Bank of Nigeria’s latest policy now allows all bank customers to pay a flat rate of N6.98 for every financial transaction completed using the Unstructured Supplementary Service Data (USSD) service. According to CBN on Tuesday, March 16, 2021, the new format takes effect immediately for transactions conducted at deposit money banks and all…
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Experts Warn US Debt Might Triple By 2051
The Congressional Budget Office has warned that by 2051, the United States’ debt will rise to 202 percent, increasing the risk of a fiscal crisis. The legislative arm made the announcement while discussing its long-term budget outlook. The Office estimated debt to be equivalent to 202% of gross domestic product by 2051 from 102% this…
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Multiple Massive Explosion Kills Many In Equatorial Guinea
New reports claim 20 people have died after four cataclysmic explosions levelled a military camp, which houses special forces, gendarmes and their families, as well as nearby residential areas of Bata in Equatorial Guinea on Sunday, March 6, 2021. According to a statement from Guinea’s president, Teodoro Obiang, the Bata blasts were caused by “negligent…
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Nigerian Startup Raises $170 Million To Connect African Fintech
Flutterwave has raised $170 million in a Series C round, positioning itself to further connect and capitalize on Africa’s highly fragmented digital payment landscape. The Nigeria tech payment company is now valued at more than $1 billion. The Series C round was led by the US-based investment firms Avenir Growth Capital and Tiger Global Management,…
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AstraZeneca Unable To Meet Second-Quarter Vaccine Delivery To EU
According to a report by Bloomberg, AstraZeneca Plc might be unable to supply the agreed number of Covid-19 vaccines to the European Union in the second quarter after the company’s efforts to remedy a slew of problems ran into further trouble. The EU was expecting to receive almost 400 million vaccine doses in total in…
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Austria Suspends AstraZeneca Vaccines Over Bloodclot Reports
Austria has temporarily suspended the use of a specific batch of AstraZeneca vaccines based on the death of a patient who was diagnosed with multiple thrombosis (blood clots) after being vaccinated with the product. Another patient who was vaccinated suffered a pulmonary embolism but is currently recovering. In February, Austria’s Health Minister Rudolf AschoberAnschober announced…
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Nigerian Government Denies Hike In Petrol Price
The Nigerian government through the Nigerian National Petroleum Corporation (NNPC) has debunked the earlier released hike in PMS to N212 per litre. On Thursday evening, The Petroleum Products Pricing Regulatory Agency (PPPRA) posted a template that recommended the price of Premium Motor Spirit, PMS, also known as petrol to be retailed between N209.61 and N212.61…
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Iran Cracks Down On Crypto Trading
Iran is yet another country to ban crypto exchanges again based on ideas that bitcoin might further cause the devaluations of Iran’s currency. Mojtaba Tavangar, the head of the Digital Economy Commission of Iran’s hardline parliament, wrote a letter to President Hassan Rouhani, his ministers and the Central Bank of Iran calling for a complete…
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Here Are Eight Countries That Have Banned Crypto Exchange
As bitcoin recently hit a $1 trillion market cap at $54,000 per coin, many crypto traders might be unable share in the wins as few countries have ordered the ban of crypto exchange in local banks and currencies. TwentyTen Daily brings you eight countries where cryptocurrency trading has been banned. ChinaThe People’s Bank of China,…