Reversal
Here’s a clever options strategy for cautiously optimistic Bitcoin traders
Bitcoin (BTC) entered an upward channel in early January and despite the sideways trading near $40,000, order book analysts cited “significant buying pressure” and noted that the overall negative sentiment might be heading towards exhaustion. Bitcoin/USD price at FTX. Source: TradingView Independent analyst Johal Miles noted that BTC’s price formed a bullish hammer candlestick on its daily chart on Jan. 24 and Feb. 24, hinting that the longer-term downtrend is close to an end. However, the rally above $41,000 on Feb. 28 was unable to create strong demand from Asia-based traders, as depicted by the lack of a China-based peer-to-peer Tether (USDT) premium versus the the official U.S. dollar currency. Currently, there is positive news coming from the...
Resident doctors decry Nigerian government scrapping of officers, interns salary
The Nigerian Association of Resident Doctors (NARD) has decried the scrapping of the salary of medical house officers and other health interns by the Federal Government. Dr Uyilawa Okhuaihesuyi, the President of NARD, said this while speaking with newsmen on Saturday in Abuja Okhuaihesuyi said that the NARD was making its own investigation to confirm the veracity of the news, adding that it would be addressed appropriately. Newsmen report that the Federal Government through the National Council of Establishment (NCE) stopped the salaries of medical house officers. Others categories of officers affected include dental house officers, nurse interns, pharmacist interns, medical laboratory science interns, and NYSC doctors. Dr Folashade Yemi-Esaa, the Head of the Civil Service of the Federatio...
Rivers governor: Labour can’t reverse APC’s anti-people policies
The Governor of Rivers State, Nyesom Wike, has said that the labour movement in Nigeria is dead, adding that it cannot reverse the anti-people policies of the All Progressives Congress-led Federal Government. Wike who wrote on Twitter lamented the silence of labour in the face of insecurity and hike in fuel price and electricity tariff in the country. According to him, labour which used to be alive under the administration of former President Goodluck Jonathan died since the inception of the present government. He said, “Labour movement in the country is dead because it has lost its force of engagement with government and hardly can achieve anything good for the generality of the workforce and Nigerians. “The leadership of labour has left substance to pursue shadows and hardly can speak in...
Timi Frank: Sack, appointment of service chiefs late
Silverbird Television Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Tuesday, attributed the rising spate of insecurity in the country to the retention, for far too long, of Service Chiefs who were no longer delivering as expected by President Muhammadu Buhari. Frank who was reacting to what he described as the earlier reluctance and eventual sack of the Service Chiefs, as well as appointment of new ones in a statement in Abuja, lamented that despite a whooping one term and a quarter of Buhari’s administration (about six years), that the administration “has not achieved any decisive victory against Boko Haram, murderous herdsmen, bandits and kidnappers.” “It became apparent early in the life of this regime that the set of Security ...
PDP raps President Buhari over performance claims
The Peoples Democratic Party, PDP, yesterday berated President Muhammadu Buhari over his stewardship in the past five years, saying he has failed to justify the confidence reposed in him by Nigerians. This is even as the party noted Mr. President’s “illusory self-assessment” has validated its position that “he has since abandoned governance for the luxury and pleasures of Aso Presidential villa, having lost sync with the reality of the devastation his incompetent administration has brought to our nation in the last five years.” In a statement signed by its spokesman, Kola Ologbondiyan, the PDP insisted “that every fair criticism of Buhari’s administration only reveals a litany of failures and a reversal of fortune for our country in the last five years,” adding that, “it is unfortunate tha...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
World Bank: Pandemic to push over 115 million people into extreme poverty
A report by the World Bank has noted that over the past 12 months, the Covid-19 pandemic has harmed the poor and vulnerable the most, and it is threatening to push millions more into poverty. This year, the World Bank said, after decades of steady progress in reducing the number of people living on less than $1.90/day, COVID-19 will usher in the first reversal in the fight against extreme poverty in a generation. The report said the latest analysis warns that COVID-19 has pushed an additional 88 million people into extreme poverty this year – and that figure is just a baseline. “In a worst-case scenario, the figure could be as high as 115 million. The World Bank Group forecasts that the largest share of the ‘new poor will be in South Asia, with Sub-Saharan Africa close behind. ddAccording ...
Labour denies endorsing petrol price hike
Labour unions are demanding a reversal of recent hike in the petrol price and did not endorse deregulation that is anchored on price hike. The post Labour denies endorsing petrol price hike appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
NLC rejects hike in petrol pump price
Nigeria Labour Congress, NLC, Monday, rejected the fresh hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, which took effect last Friday, demanding for immediate reversal. The post NLC rejects hike in petrol pump price appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
ActionAid urges Nigerian government to address issues causing agitations
Following the organisation’s 42nd meeting held virtually as a result of the COVID-19 pandemic, it said it has deemed it fit as citizens of the nation and as active agents of change to make comments, observations and recommendations on the state of the nation. The post ActionAid urges Nigerian government to address issues causing agitations appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.