BITCOIN: What is Crypto Currency?

The "Crypto Currency" is digital cryptographically coded currencies, used for the direct, contactless transaction peer users, bypassing any intermediate part (State, banks, authorities). The transactions are based on a decentralized global network of Peer to peer users (P2P) that determines the value of the currency on the basis of supply and demand.

The first generation open Crypto Currency software was created in 2009

STATE HOUSE PRESS RELEASE: DIVERSIFICATION OF NIGERIA’S ECONOMY NOW A MATTER OF URGENCY – BUHARI

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President Muhammadu Buhari Friday in Guangzhou, China, said that his administration will take urgent steps to restructure Nigeria’s economy by encouraging new investments in mining, agriculture and manufacturing.

Speaking at a reception in his honour by the Communist Party of China, President Buhari said that Nigeria will welcome the support of the Chinese government, foreign investors and local businesses for efforts to diversify the nation’s economy.

The President noted that the diversification of the Nigerian economy was long overdue as continued reliance on crude oil exports had always made the economy vulnerable to shocks.

Nigeria, Namibia signed 11 agreements: Extradition treaty, visa waiver for diplomatic & official passports

Nigeria and Namibia signed 11 agreements which includes  Extradition treaty, visa waiver for diplomatic and official passports.

The bilateral meeting between the two country covers immigration, trade, mining, justice, health, tourism, youth developments among others.

President Jonathan also had a meeting yesterday with the Nigerian community in Windhoek, Namibia.

Details later..