Price
Sony Announces Price Reduction For PlayStation 5 Console
One of the most popular gaming systems ever has just become a bit more affordable. Sony has announced a price reduction for the PlayStation 5. As spotted on HypeBeast Sony has dropped the ticket on the PlayStation 5. While the savings are only about 50 dollars this marks the first price cut in the console’s […]
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Cardi B Goes Off On Inflation Prices In Most Cardi B Way Possible [Video]
HipHopWired Featured Video Source: Prince Williams / ATLPics.Net Cardi B continues to be the voice of the people. Her recent video rant on inflation is everything and then some. As spotted on CNN, the Bronx, New York native recently felt a ways after her last grocery pick up. She took to social media to vent and it started with a tweet that explained her frustration. “Naaaaaa grocery shopping prices are ridiculous right now You might as well eat outside !!” Cardi B wrote. She followed things up with a second post with some receipts saying “B*** why lettuce cost 6 dollars where I live at ?” Related Stories As expected, her opinion was met with both support and criticism online. She soon filmed a video explaining why she feels so appalled at the soaring prices of food. “Let me tell you ...
USD stablecoin premiums surge in Argentina following economy minister’s resignation
Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman. The minister’s shock exit, confirmed on his Twitter account on July 3 via a seven-page letter, threatens to further destabilize a struggling economy battling high inflation and a depreciating national currency. According to data from Criptoya, the cost of buying Tether (USDT) using Argentinian pesos (ARS) is currently 271.4 ARS through the Binance exchange, which is around a 12% premium from before the resignation announcement, and a 116.25% premium compared to the current fiat exchange rate of USD/ARS. The local crypto price tracking website has also revealed...
Only a paper moon: Bitcoin price briefly shows $870B on CoinMarketCap
Crypto traders experienced a moment of joy, followed by confusion, when a glitch caused several data aggregators to briefly display enormous gains for Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. CoinMarketCap and several other price indexes showed Bitcoin’s price closing to $900 billion as ETH showed over $81 billion. The momentary glitch also impacted Cointelegraph’s price indexes. Hey @CoinMarketCap, you doing ok there buddy? pic.twitter.com/WfXwpSmURU — Cointelegraph (@Cointelegraph) December 14, 2021 Displayed numbers didn’t affect the trading prices on exchanges, and the platforms quickly solved the issue. CoinMarketCap explained on Twitter that the data provider is rebooting its servers as part of the remediation plan. “CoinMarketCap is now back to normal after an issue th...
UK police seize $249.5 million worth of cryptocurrency
The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...
Arsenal launch transfer bid for Lyon star Houssem Aouar
Arsenal have reportedly made an offer to Ligue 1 outfit Lyon for midfielder Houssem Aouar following a drop in the asking price for the player. According to Le 10 Sport, Aouar could cost the Gunners under a third of the £54 million fee club officials hoped to get in 2020. The 23-year-old had been heavily linked with a move to the Emirates before the start of the 2020-21 season. Gunners boss Mikel Arteta is thought to be keen on the versatile attacker who can play centrally or on the wing. In September reports in France claimed Lyon had turned their noses up at two separate bids from the North London giants of £31m and £34.5m. However, Le 10 Sport says the Gunners have returned with a fresh offer for the midfielder whose current contract with the French outfit runs out in 2023. And it is tho...
NLC urges National Assembly to transform NNPC to public liability company
The Nigeria Labour Congress has cautioned the National Assembly to handle with utmost care what it described as the very sensitive issue of the unbundling of the Nigeria National Petroleum Corporation. It urged the lawmakers to transform the NNPC to a public liability company as part of the reforms of the oil and gas sector captured in the Petroleum Industry Bill. The NLC President, Ayuba Wabba, said this on Tuesday, in a statement lauding the passage of the PIB titled, ‘Congress commends the national assembly for passing the petroleum industry bill – demands that the NNPC be transformed into a public liability company.’ It stated, “We know that the process of making the PIB a law has not been completely consummated as the passed bill would still need to be harmonized by a conference of th...
BUA increases price of cement
BUA Cement Plc has increased the ex-factory price of its cement product by N200 per bag. The cement manufacturer, it was reliably gathered, unveiled its new price increase from N2,800 to N3,000 per bag over the weekend. The price increase by BUA is contrary to what he has repeatedly asserted that his company does not have any justification to increase the price of cement as it is currently making enough returns. It would be recalled that BUA Cement, in various statements issued between April 24 and June 18 this year, had refuted any claims of increase in the ex-factory price of its cement products by N300 per bag, stating that, “the company had no plans to increase prices of its cement now or in the near future.” According to a statement issued on April 24, 2021, the company stated that, “...
Fuji legend Wasiu Ayinde undergoes surgery
Nigeria’s Fuji legend, Wasiu Ayinde Marshal, popularly known as K1 De Ultimate, has undergone minor surgery for an undisclosed illness. Canada-based show promoter, Bolaji Saheed Basia who is also a close friend of the singer shared his pictures on a hospital bed on Saturday night. “Minor surgery though but I still give thanks to almighty God for the success,” the entertainment and hospitality businessman wrote on Instagram. Bolaji and K1 have been friends for four decades from their days in Agarawu, Lagos Island. The Fuji king had joined others for an exclusive birthday celebration for his friend on June 25. Last year, Basia stated in a Facebook and Instagram post that the singer surprised him when he paid for a land he bought. “I called the agent when I didn’t hear from the owner again. H...
Petrol smuggling: Nigerian government using device to track trucks, smugglers
The Federal Government says it has facilitated the use of a tracking device to track every truck loading petroleum product from any of its depots as part of efforts to nip smuggling in the bud and arrest culprits. Minister of State for Petroleum Resources, Chief Timipre Sylva, said this at a forum organised by the News Agency of Nigeria (NAN) to gauge the achievements recorded in the oil and gas sector in the last two years. Sylva noted that a lot had been achieved in the industry but that the activities of smugglers had continued to overshadow the successes especially as it concerned fuel subsidy and the quantity of petroleum products consumed in the country. “This is one big question that we try to answer ourselves because when we look at the number of load-outs from our depots every day...
Ivory Coast says chocolate traders failing to pay farmers living wage premium
Major chocolate traders in Ivory Coast are failing to pay a $400-per-tonne premium on beans aimed at curbing farmer poverty, the country’s cocoa regulator said in a draft letter seen by Reuters on Friday. The Coffee and Cocoa Council (CCC) said companies including Mondelēz International Inc(MDLZ.O) were offsetting the Living Income Differential (LID) by offering a negative country differential – normally a premium of 70 to 150 pounds ($99-$212) per tonne to reflect the quality of Ivory Coast’s beans. Mondelēz said it was paying the full LID. “(Mondelēz) does not offer or have any influence over negative country differentials,” the company said in a statement to Reuters. Buyers have been pressing for the country differential to be turned into a country discount, so farmers receive the extra...
IPC, NGO reject bill seeking to empower NBC to regulate DSTV, Startimes’ tariffs
A bill seeking to regulate tariff of digital satellite service providers was on Wednesday rejected by several participants at the public hearing on the bill. The bill, sponsored by Unyime Idem (PDP, Akwa-Ibom), seeks to give the National Broadcasting Commission (NBC), the powers to regulate the tariff charged by digital television platforms. The bill proposed that NBC “Regulates and review through broadcasting codes the tariff being charged by the digital satellite television services broadcasting in Nigeria and other subscription policy for subscribers.” If passed, digital satellite service providers like DSTV, StarTimes, TSTV, GOTV and others will have their subscriber fees regulated. It was first introduced to the House on March 19, 2020 and was consolidated with other NBC bills on the ...
