money
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Bitcoin has plunged to its lowest level since November. The world’s biggest cryptocurrency fell to £68,500 at one point today. Only a month ago, it had been trading at all-time highs of £86,000. This comes days after Bybit, a major crypto exchange, lost more than £1.1bn in the biggest hack on record. It’s believed the Lazarus Group,…
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The US aircraft manufacturer closed last year with a steep loss and weak sales, according to preliminary figures released by the company. The aircraft manufacturer Boeing, said it incurred nearly $3 billion (€2.85bn) worth of charges in the fourth quarter of 2024 due to a lengthy labour stoppage, job cuts and problems with a number…
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Famous Nigerian musician David Adeleke, professionally known as Davido, has revealed that his father’s wealth made him feel broke. Davido made this known during his latest interview in Paris. MEZIESBLOG recalls that Davido, on Thursday, appeared at Amiri’s Fall/Winter show at Paris Fashion Week 2025, held at Palais de Tokyo, alongside singer Omah Lay. Speaking…
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Navigating the financial affairs of a loved one who has recently died can be a tricky and complicated. This process includes unraveling the fate of any bank accounts the person held, which depends on whether the accounts have joint owners, beneficiaries or neither. Understand the process for managing a deceased loved one’s bank account and…
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Today our correspondent in the UK chatted with a female solder – as we do on different ocassions with people from different professions – to discover what it’s really like. Today we’re chatting to Lance Bombardier Olivia O’Malley, 35, who specializes in communications with the Royal Artillery. People think it’s all about combat… but the army…
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Former governor of Anambra State and presidential candidate of the Labour Party, LP, in the 2023 general election, Mr Peter Obi has protested the level of hardship faced by the poor in Nigeria. Obi lamented the travails of low income earners and the exorbitant sums charged by POS operators to Nigerians seeking to access cash.…
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Veteran Nigerian rapper, Anthonia Yetunde Alabi, aka Sasha P, has expressed concerns over the obsession with wealth in the country. The 41-year-old lamented that Nigerians now use wealth to determine people’s value and treat rich folks like deities. She explained that money does not determine a person’s character; rather, it amplifies it. She remarked that…
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As energy bills become more expensive from today, respected forecasters have said they are likely to rise further in spring instead of fall, as first anticipated. The energy price cap rises from January, bringing the cost of a typical annual bill to £1,738 – £21 a year more than from October to December. Bills had already become…
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China’s external financial assets stood at 10.21 trillion U.S. dollars at the end of September, official data showed on Friday. The figure, surpassing the 10-trillion-dollar mark for the first time, represented a 4.3 percent growth from that at the end of June, according to the State Administration of Foreign Exchange (SAFE). The external financial liabilities…
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1. Anger is your number one enemy, let it come and go but do not let it control you. 2. You don’t need people or material things to be happy. They are there to multiply the happiness you have. 3. Your haters are your biggest advertisers, use them accordingly. 4. Family consist not of only…
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Analysts have on Wednesday foreseen crude palm oil (CPO) prices to stay high underpinned by tight supply. Hong Leong Investment Bank Research said in a note that it maintained CPO price assumptions of 4,150 ringgit (938 U.S. dollars) per ton this year and 4,000 ringgit per ton for the next year, with the view that…
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Iran’s foreign ministry denied that a meeting was held between the Iranian ambassador to the United Nations and Elon Musk, the world’s wealthiest person and close ally of US President-elect Donald Trump, Iranian state media reported Saturday. The New York Times reported the meeting took place earlier this week, citing two Iranian officials. Associated Press also reported a meeting between…
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It’s called sticker shock. And if you haven’t been to a dealer’s showroom since before the pandemic, you might want to prepare yourself. Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That’s a jump of almost $10,000 from October 2019, ahead of the pandemic. That…
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India’s wholesale price index (WPI) inflation increased to 2.36 percent in October, official data showed on Thursday. The increase was primarily due to hike in prices of food items, machinery and equipment, motor vehicles, trailers and semi-trailers. WPI food inflation increased from 9.47 percent in September to 11.59 percent in October. WPI inflation was 1.84…
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The Bank of England (BoE) on Thursday reduced interest rates for the second time this year, setting the rate at 4.75 percent, a 0.25 percentage-point decrease from the previous 5 percent. This adjustment brings rates to their lowest level in over a year, last seen below 5 percent in June 2023. The BoE noted Labour’s…
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As fuel consumption plummets nationwide due to soaring prices, oil marketers have expressed concerns over significant losses, with around 10,000 oil dealers about to shut down. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicate that fuel consumption dropped to 4.5 million litres per day in August 2024, down from 60 million litres…
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