Business
South Korea’s NPS Invests $34M in MicroStrategy for Bitcoin Exposure
In a notable move for global investment, South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, has purchased $34 million worth of MicroStrategy stock.
This strategic investment aims to gain exposure to Bitcoin through MicroStrategy, a company renowned for its significant cryptocurrency holdings.
The NPS’s decision reflects a growing trend among institutional investors to diversify portfolios with digital assets, highlighting Bitcoin’s increasing acceptance in traditional financial sectors.
This investment further underscores the evolving landscape of global finance, where public pension funds are beginning to integrate cryptocurrency as a viable asset class.
It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.
The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.
The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.
Idi Mukhtar Maiha, Minister of Livestock Development, has revealed the government’s intention of placing women in the livestock transformation agenda that they have in store for Nigeria.
During a recent event, he praised women, describing them as the backbone of the country, and shared that the country will keep on needing their support, hence the inclusion of the agenda team.
He also praised the First Lady for the impact she has made in the country so far and her advocacy for women’s empowerment.
Nigerians react as a user claims and shares that the price of rice in Nigeria is already reducing.
“Rice prices are finally dropping, minimum wage can buy a bag now. Step by step, we’re getting there. Nigeria will work in our lifetime.”
It can be noted that rice was sold at ₦85k to ₦90k, however, according to a market survey, the price of rice has dropped to ₦56k to ₦62k.
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