acnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acnnewswire.com Daily Mail and Mail on Sunday newspapers.
Nigeria’s Bitcoin Problem
Financial markets often seem to happen in just a few large metropolitan areas. The industry cites Wall Street or the City of London, for example, as global financial hubs. These references do sometimes extend to different parts of Asia as well.
This week, though, Nigeria took center stage. And not for reasons you’d expect.
During a senate hearing, Nigerian politicians began discussing how to save their local currency amidst the rise of Bitcoin. Already, the country’s central bank has ordered the closing of customer accounts linked to cryptocurrency. Retail banks that don’t follow the mandate risk hefty fines. Binance followed after and began delisting Nigerian Naira pairs.
Highlights:
Consolidated beer volume -8.1% organically
Heineken® volume resilient -0.4%
Net profit (beia) €1,154 million, -49.4% organically
Diluted EPS (beia) €2.00 (2019: €4.38)
EverGreen strategic review update:
Deliver superior and profitable growth in a fast-changing world
Placing consumers and customers at the core, enhance our portfolio and strengthen our digital route to consumer
Raise the bar on sustainability and on our people agenda
Step up in productivity starting with €2 billion gross savings through 2023to fund our journey
Restore operating profit margin (beia) to around 17% by 2023 and gear for operating leverage beyond
TOP-LINE PERFORMANCE
COVID-19 continues to have a material impact on our top-line performance, affecting all geographies and markets as governments across the world taking measures to mitigate the contagion including restricted population movement, social distancing, outlet closures and temporary lockdowns of production facilities.
ON THE GO
Atiku: Nigerians must save themselves by helping Buhari Atiku Abubakar, former vice-president, says Nigerian must help Buhari in order to save the country.Advertisement He said this in a series of posts via his official Twitter account on Sunday..
INEC declares PDP’s Ebisike as winner of Aba bye-election The Independent National Electoral Commission (INEC) has declared Chimaobi Ebisike of the Peoples Democratic Party (PDP) as winner of the Aba north/south federal constituency bye-election which took place on Saturday.Advertisement.
INTERVIEW: Enyinna Nwigwe talks acting in Borno, not leaving Nigeria for Hollywood Before Paul Papel tapped Enyinna Nwigwe to play the lead role in a movie project he’d been working out with the Nigerian Air Force (NAF), the latter assumed that conflict-oriented.
Whither honesty in Nigeria and beyond? - National Accord Newspaper nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.