Ethiopia Airline Crashes 10 Minutes After Take off | Nigeria News
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Ethiopia Airline Crashes 10 Minutes After Take off

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An Ethiopian Airlines plane has gone down with 149 passengers and 8 crew onboard, the airline said.

The plane is believed to have crashed 10 minutes after take off, according to local reports.

The Ethiopian prime minister’s official Twitter account has expressed condolences to families of those lost.

The PM’s office wrote on Twitter: “The office of the PM, on behalf of government and people of Ethiopia, would like to express it’s deepest condolences to the families that have lost their loved ones on Ethiopian Airlines Boeing 737 on regular scheduled flight to Nairobi, Kenya this
morning.”

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MTN Nigeria: See names of real owners as it goes public

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MTN Nigeria

MTN Nigeria has gone public on Thursday  and therefore the company is under the oversight of those  looking to invest. All its progress  will now be subject to the Nigerian Stock Exchange’s legal and regulatory laws.

In track with the above, the media has a responsibility to track at each and every stage in its administrative history how open or opaque a public company is.

The Cable acquired the investor list, that now owns billions in the Nigerian Stock Exchange’s second most important company. Even though MTN Nigeria is still dominated by MTN Group, the parent country, in the mobile operator, some prominent Nigerians hold billions.

Here is the Full List of the Shareholders.

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Company owners

ShareholderValue (NGN)Hold
MTN Nigeria1.68 Trillion76%
STANBIC IBTC213.7 Billion9.64%
Mobile Telephone Network60.95 Billion2.75%
Gov. Employees Pension Fund38.69 Billion1.75%

Personal Owners

ShareholderValue (NGN)Hold
Victor Odili87.87 Billion3.96%
Pascal Dozie37.07 Billion1.67%
Sani Mohammed Bello28.87 Billion1.30%
Babatunde Folawiyo23.83 Billion1.08%
Gbenga Oyebode19.80 Billion0.89%
Ahmed Dazuki19.35 Billion0.87%
Karl Olutokun Toriola100.1 Million0.005%
TOTAL2.22 Trillion100%
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A Good time to Invest in Cryptocurrency? as Bitcoin drops by 10% in 2 hours.

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Bitcoin Cryptocurrency price in Nigeria Naira #

Bitcoin is at the fore front when it comes to Cryptocurrency. It started out in 2009 as a peer to peer distributed banking network.

Bitcoin slowly gain popularity within the years as people saw the importance of a decentralized network i.e. a network controlled by the people with the elimination of middlemen interference.

After 2 years of operation, 1 BTC was equivalent to $31 which quickly dropped down to $2 after six months showing how volatile the Cryptocurrency market was.

By April 2013, the virtual coin has risen to $266 which rose steadily to $1000 in January 2014.

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The Unstable rise and fall continued until December 2017 when Bitcoin rose to an all time high of about $20,000 for 1 BTC.

Currently, 1 Bitcoin goes for $7100 which is N2.6 Million.

Here is a live Update of the BTC coin

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Although, the market is great for investment opportunity, there is need for Investors to be cautious due to the volatility of Cryptocurrency.

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