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Crypto Payment Firm Simplex Acquired By Publicly-Listed Canadian Firm Nuvei For $250 Million

Crypto Payment Firm, Simplex
The publicly-listed Canadian firm Nuvei Corporation announced the acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million. The deal is pending regulatory approval and Nuvei expects Simplex to “enhance” the firm’s portfolio of alternative payment method solutions. Nuvei Acquires Crypto Payments Provider Simplex On May 6, the Canadian company Nuvei (TSX: NVEI), a global payment technology firm, revealed the acquisition of the crypto asset payment operation Simplex. The digital currency startup offers fiat to the crypto on and off-ramps alongside the ability to provide Visa cards to crypto consumers. The company notes that it processedRead More

Gbajabiamila Advocates Political Ties between Nigeria, Sao Tome & Principe

Speaker of the House of Representatives, Hon. Femi Gbajabiamila
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has called for stronger political and socio-economic ties between Nigeria and Sao Tome & Principe in the spirit of AfricanRead More

Bitcoin Depot Deploys Over 350 ATMs In The US, Global Number Exceeds 19,000

Cryptocurrency ATM operator, Bitcoin Depot
Cryptocurrency ATM operator, Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000Read More

Rail Overpass Collapses In Mexico Kills At Least 23, Injures At Least 65

Rail overpass collapse in Mexico City kills at least 23 and injures at least 65
No fewer than 23 people have been killed and dozens injured, including at least 65 people being taken to hospital after a section of elevated metro tracks carrying a trainRead More

International Law Firm Elects First Nigeria-qualified Partner

Law court
Leading international law firm, Clifford Chance, yesterday announced the election of Mr. Olamide Oladosu as a partner. The new appointee is also part of a global cohort of 29 newRead More

After 27 Years, Bill Gates And Wife, Melinda, End Marriage

Bill Gates and wife, Melinda
American business magnate and co-founder of Microsoft Corporation will be ending his 27-year marriage to his wife Melinda. The philanthropist took to his official Twitter handle yesterday to make theRead More

FG: Nigeria Most Hit By President Deby’s Death

Minister of Defence, Maj. Gen. Bashir Magashi (rtd)
Tightens security around Chadian border The Federal Government said yesterday that Nigeria is the most hit by the death of President Idriss Deby of Chad given its dire security implications,Read More

Adesina: Africa May Lose $50bn To Climate Change By 2040

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina
President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, has said Africa could lose as much as $50 billion yearly by 2040 if the growing impact of climate changeRead More

Senate Probes Alleged Killing Of Nigerians In Togo

Nigerian Senate
The Senate has directed its Committee on Ethics, Privileges, and Public Petitions to probe the alleged killing of some Nigerians of Enugu State origin resident in the Republic of Togo.Read More

Analysts Express Outrage as Police Deploy 144 Personnel To Tackle Insecurity In Somalia

Force Public Relations Officer, Mr. Frank Mba
Mission, global best practice, says police spokesman Two killed in attack on Enugu police station Bandits kill one, abduct Kaduna private university students Security analysts yesterday expressed outrage over theRead More