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Shell profit up as high oil prices offset Russia hit
British energy giant Shell on Thursday logged soaring first-quarter net profit as surging oil prices offset a sizeable charge linked to its Russia exit. Profit after tax leapt 26 percent to $7.1 billion (6.7 billion euros) from a year earlier, Shell said in a statement. While the group took a $3.9-billion charge on its exit […]
How Crypto exchanges in Nigeria regulate users
The decentralised nature of the cryptocurrency market has different interpretations for different actors. For consumers, it means freedom from third parties like the Central Bank of Nigeria (CBN) and banks, faster transactions, and more convenience. For regulators like the CBN, it means unchartered territory, opacity, and “thin-air” transactions. But for cryptocurrency exchanges it is a […]