Tshow Blog

  More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports. Tola Fadugbagbe recalls moving to Lagos from his small south-western town 10 years ago with dreams of brighter prospects. Instead, the 34-year-old ended up in a series of odd jobs earning the minimum wage to survive - a typical story for many young Nigerians who are just trying to get by. It was not until 2016 that online adverts for Bitcoin piqued his interest and he began his cryptocurrency journey. "I started intensive research," Mr Fadugbagbe told the BBC. "I was spending hours every day watching videos on YouTube and reading articles about Bitcoin. I didn't have much money so I started with $100 to $200." At the time that we spoke, Mr Fadugbagbe, who now trades full time and teaches budding investors, said he had cryptocurrency worth more than $200,000 (£140,000) in his possess...

  Classrooms at the school where gunmen kidnapped dozens of students and staffs in Kagara, Niger State, Nigeria  Gunmen in Nigeria have released 42 people, including 27 students, who were kidnapped from a boarding school last week in the north-central state of Niger, the state’s governor said. Their release comes just a day after a separate raid on a school in Nigeria’s Zamfara state where gunmen seized more than 300 girls. Kidnappings for ransom by armed groups, many of whom carry guns and ride motorcycles, are common across many northern Nigerian states. Last week, 27 students, three staff and 12 members of their families were abducted by an armed gang who stormed the Government Science secondary school in the Kagara district of Niger state at around 2am local time, overwhelming the school’s security detail. One boy was killed during the raid. “The Abducted Students, Staff and Relatives of Government Science Collage Kagara have regained their freedom and have been received b...

        Niger State Governor Abubakar Bello met with freed Kagara abduction victims on February 27, 2021. The Governor said his administration is working on a way to prevent similar occurrences in the future. “Yes, we have rescued them but we still have a lot of work ahead of us,” he said. “Going forward, we are putting a system in place to look at the causes of these events. “In the next few days, in the course of my conversation with major stakeholders, I hope we will find a solution to this dastardly act.” Presidency Reacts See Video below: https://youtu.be/iE4N6A50bA8 Meanwhile, the Presidency has reacted to the news of the Kagara victims’ release. President Muhammadu Buhari, in a statement issued on Saturday by his spokesman, Garba Shehu, welcomed the students’ release, commending the nation’s security and intelligence agencies and the government of Niger State for their responses in securing the release. “We are happy they have been released,” Buhari said while...