Nigeria’s economy unexpectedly came out of a recession in the fourth quarter as growth in agriculture and telecommunications offset a sharp drop in oil production. Gross domestic product grew 0.11% in the three months through December from a year earlier, compared with a decline of 3.6% in the third quarter, the Abuja-based National Bureau of Statistics said on its website on Thursday. The median estimate of five economists in a Bloomberg survey was for a quarterly decline of 1.86%. The …
Month: May 2015
In the last six months, the crypto economy experienced significant milestones, fueling the record surge of the digital asset; and the industry is expected to preserve momentum even after rallies come to an end. Although we only just entered the second quarter of the year, we have seen a number of noteworthy developments in the field of cryptocurrencies, some of which are highlighted below. On April 20, 2021, Venmo announced it is adding crypto support to its platform, joining the long list …
Cryptocurrency is the hottest new trend in the investing world. Although digital currencies have been around for over a decade, they have exploded in popularity over the past few months.. Bitcoin has been setting records this year, reaching a peak of around $63,000 in mid-April. Other cryptocurrencies like Dogecoin and Ether have also been gaining popularity as investors scramble to jump aboard the cryptocurrency bandwagon. It’s possible to make a lot of money investing in cryptocurrencies, but it’s also possible to lose a lot of …