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First Bank Nigeria Holdings (FBNH) closed with a loss of -6.6%, placing it at the third position in the NSE ASI for Thursday. After the appointment of the new Managing Director/Chief Executive Officer (MD/CEO) for First bank Nigeria, Mr Gbenga Shobo, the CBN responded by re-instating Dr. Adesola Adeduntan as the MD and sacking all directors of the bank, as well as the parent company, FBN Holdings. CBN stated that First bank Nigeria was of essential importance to the Nigerian banking sector given its historical significance, size of balance sheet, large customer base and high level of intercon...

Why is Cryptocurrency popular among Kenyans? The Star Small toy figures are seen on the cryptocurrency representation with Dogecoin logo in the background in this illustration picture taken April 20, 2021. Image: REUTERS • The blockchain technology on which bitcoin and other cryptocurrencies work is one of the safest, efficient, fastest ways to make easy and smooth digital transactions. • With approximately $1.5 m worth of transaction alone in Kenya is the ultimate proof of the immense popularity and interest in cryptocurrency by the Kenyans. Cryptocurrency in Afr...

THE STANDARD By Sponsored Content | December 24th 2020 at 18:30:48 GMT +0300 Living in this modern world that is prone to constant changes and development is actually the most exciting thing. Why? Because it allows you to experience so many unexpected opportunities. This is the case with the rise of cryptocurrencies regarding the digital assets they hold, as well as all of the possibilities that come with them. To explain this even further, the broad segment of cryptocurrencies is filled with different digital values that you can explore, learn all about the unique exchange policies and mas...