Business
Trump to Launch New Crypto Exchange
Former President Donald Trump will announce World Liberty Financial, a new cryptocurrency exchange, on September 16, 2024, with his sons Donald Trump Jr. and Eric Trump managing the platform. The exchange will reserve 70% of its tokens for insiders and sell 30% publicly.
This move aligns with Trump’s campaign promise to lead in crypto, though it raises concerns about potential conflicts of interest and the use of federal resources. Despite past criticism of cryptocurrencies, Trump’s campaign now supports digital currencies and accepts crypto donations.
Business
BATNF, NYSC Collaborate to Promote Agribusiness Among Corps Members
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.
Business
Government Pledges Support for Women in Livestock Development Says Minister Maiha
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.
Business
“Minimum Wage Can Buy a Bag Now” — User Claims Rice Price Falling in Nigeria
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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