BREAKING NEWS

  The most popular cryptocurrency, bitcoin, shed more in value in January 2022, than it did in the corresponding month of 2021, as the digital asset succumbed to various government policy, including rising bond yields. Bitcoin had opened January with $46,306.45 per BTC, but it crashed in market value, as investors priced it low till it nosedived by 16.8% in 31 days to $38,483.13 on January 31, 2022. During the corresponding period in January 2021, bitcoin appreciated in value by 14.18%, closing the month at $33,114.36, against the $29,001.72 it started the period with. This means  bitcoin  lost the gains of January 2021, which was $4112.64, considering $7,823.32 was wiped off the asking price of the crypto asset during the same period last month. The struggle of bitcoin to stay above $40,000 in January reflected the coin’s inability to withstand shocks from government policy or tie down investors from eyeing other securities to hedge inflation. In Q4 2021, bitcoin sustained a major hit

  The federal government is set to hit a jackpot following the concession of Onitsha River Port, which connects Lagos to the South East if projections from the Infrastructure Concession Regulatory Commission (ICRC) becomes reality. According to ICRC, the Onitsha River Port can generate about N50 billion into the Federal Government’s coffers. The group also expressed excitement that it would serve as an alternative source of transporting goods to the South East from Lagos, Port Harcourt and other areas with adequate water connectivity. A statement issued by the Ag. Head, Media and Publicity, ICRC, Manji Yarling, explained that Onitsha River Port was officially opened over three decades ago but had been neglected and not been optimally utilised. The  Onitsha River Port  is one of the four river ports in the country with others situated in Lokoja, Kogi State; Baro in Niger State and Oguta in Imo State. Read also:  Onitsha seaport finally commissioned after several years “This concession i

The United Kingdom has pledged to help Nigeria in the fight against terrorism and insecurity being perpetrated by the Boko Haram and Islamic State in West Africa Province (ISWAP) terrorists in the northern parts of the country. The pledge by the British government was contained in a communiqué at the end of the inaugural ‘UK-Nigeria Security and Defence Partnership’ dialogue held in London on Thursday. At the end of the dialogue, the two countries affirmed their commitments to deepen partnership in the face of “complex and evolving global threats, including human trafficking, serious and organised crimes, drug trafficking, cyber-crime and piracy.” In the communiqué jointly issued by the UK National Security Adviser, Sir Stephen Lovegrove, and Nigerian National Security Adviser, Maj. Gen. Babagana Monguno (retd.) the two countries agreed to “enhance existing cooperation in civilian policing; approaches to stabilisation including civilian-led security and civil-military co-operation; hum

  The International Space Station (ISS) will continue working until 2030, before plunging into the Pacific Ocean in early 2031,  National Space Agency (NASA) has revealed . In a new report, the US space agency said the ISS will crash into a part of the ocean known as Point Nemo, which is the point furthest from land on planet Earth, also known as the spacecraft cemetery. According to NASA, many old satellites and other space debris have crashed there, including the Russian space station Mir in 2001. The ISS which is a joint project involving five space agencies has been in orbit since 1998. More than 3,000 research investigations have taken place in its microgravity laboratory. But the license to  operate ends in 2024 and any extension must be agreed by all partners including Russia who have complained of being hampered by US sanctions on Russia. Nasa says the plan to retire the ISS marks a transition to the commercial sector for activities in low-Earth orbit - the area of space close

Novak Djokovic's biographer has claimed that the Serbian will finally take his Covid-19 vaccination after watching Rafael Nadal win a record 21st Grand Slam at the Australian Open.   Djokovic was deported from Australia earlier this year before the tournament after he had arrived in the country with a medical exemption to compete unvaccinated. He was in enforced hotel quarantine when Australia's border force cancelled his visa and he went to court trying to overturn their decision which failed. But it now appears that Nadal's victory, combined with other tournaments enforcing stricter rules regarding vaccination, could have changed his mind.   His biographer Daniel Muksch appeared on Austrian TV channel ServusTV and said: 'What you hear from his environment, I think he's getting vaccinated.   'Maybe the final in Melbourne also contributed to that. Rafael Nadal's 21 is driving him, no question.'  Muksch's book on Djokovic, called 'A Lifetime At Wa

  PSG superstar, Neymar has won the prestigious Samba Gold award for a record fifth time. Neymar, 29, received the esteemed prize, which is awarded to the best Brazilian footballer playing outside of the country, for the second consecutive year after registering 17 goals and 18 assists for PSG in 2021. The prize is given to the best Brazilian footballer playing outside the country.  Since moving to Europe in 2013, Neymar has picked up the Samba Gold award five times over the last nine years.  Before Neymar, Chelsea's Thiago Silva dominated the Samba Gold award from 2011-13, receiving the gong while plying his trade with AC Milan and PSG. Neymar was handed the prize in both 2014 and 2015, before earning it again in 2017 after then-Liverpool ace Phillipe Coutinho was named winner in 2016. Another two Liverpool stars, Roberto Firmino and Alisson, were then awarded the honour in 2018 and 2019 respectively.

  Miss USA 2019, Cheslie Kryst has died at the age of 30 after she jumped from the 60-storey Orion apartment in New York City on Sunday, January 30. According to the New  York Post , Kryst, who lived on the ninth floor of the building, was alone when she jumped and was last seen on a 29th-floor terrace. Just hours before she jumped, Kryst wrote on her Instagram page, “May this day bring you rest and peace.” The former beauty queen’s family confirmed the sad news in a statement that reads: “In devastation and great sorrow, we share the passing of our beloved Cheslie. “Her great light was one that inspired others around the world with her beauty and strength. She cared, she loved, she laughed and she shined. “Cheslie embodied love and served others, whether through her work as an attorney fighting for social justice, as Miss USA and as a host on EXTRA. “But most importantly as a daughter, sister, friend, mentor and colleague — we know her impact will live on.”