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Just in: Bitcoin Drops Below $20k - Investment

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  Bitcoin (BTC) sank below $20,000 for the first time since December 2020, losing 9.5% in the past 24 hours. At time of publication, the largest cryptocurrency by market cap was changing hands around $18,984.1 after trading at a low of $18,739.50. Ether (ETH), the second largest crypto, also continued its decline, falling 9.78% to about $992 at time of publication. The crypto panic – which began a few weeks ago with the Terra ecosystem collapse and then spread to the Celsius platform – has moved on to hedge fund Three Arrow Capital, which reportedly had its collateral liquidated by crypto lender BlockFi. Checking traditional markets, U.S. stocks saw more massive selling on Thursday, with the Nasdaq tumbling 4.1% and the S&P 500 3.25% before a slight recovery on Friday. For the week, the Nasdaq and S&P are each lower by about 6%.
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Enugu Catholic church disowns Mbaka over attack on Peter Obi

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  ENUGU—THE Catholic church in Enugu has disowned Rev. Fr. Ejike Mbaka, the fiery director of Catholic Adoration Ministry Enugu, over his verbal attack on Peter Obi, the presidential candidate of Labour Party for 2023 elections. Mbaka has been trending in the social media over his comments that Peter Obi is stingy that he would not win the election. He said many abusive things about Peter which drew public anger on him in the social media. Mbaka also claimed that he with others he mentioned, helped to restore Obi to power when he was impeached and expressed anger that the former governor did not reward him. He said that the apology he earlier tendered to Peter Obi was not out of his volition but under duress from his Bishop. Reacting to this the Catholic Diocese of Enugu disassociated itself from Mbaka’s utterances. A statement signed by the Auxiliary Bishop of Enugu Most Rev Ernest Anezichukwu Obodo, the Chancellor/ Secretary, Rev Fr Wlifred Chidi Agubuchie and Vicar General, Very Re
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Lagos Ranked Second Worst Liveable City In The World - Politics

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  A global business intelligence, Economist Intelligence Unit (EIU) has said Lagos, the Nigeria’s commercial capital city is the world’s second least liveable urban area. EIU ranked Lagos 171 out of 172 countries in the list of most liveable cities in the world for the first quarter of 2022, according to the latest 2022 Global Liveability Index. This report makes the Nigerian best city the worst in Africa as Damascus (Syria) and Tripoli (Libya) continue to anguish at the bottom of the list along with Lagos (Nigeria) as they face social unrest, terrorism and conflict. The least liveable cities were Damascus in Syria, Lagos in Nigeria, Tripoli in Libya, Algiers in Algeria and Karachi in Pakistan, which scored 30.7, 32.2, 34.2, 37.0 and 37.5 respectively. “The EIU further highlighted the top five most liveable cities in the world which are Vienna, Austria scoring 99. 1; Copenhagen, Denmark with 98.0; Zurich, Switzerland with 96.3; Calgary, Canada had 96.3 and Vancouver, Canada with 96.
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