Tag: NIRSAL

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Covid-19 : N180bn NIRSAL loans may be forfeited by lender

Speculations have emerged that borrowers of about N180 billion loans from NIRSAL Microfinance Bank (NMFB) during the coronavirus pandemic may not pay back. Evidence of this emerged after Senate ad hoc committee investigating alleged uneven disbursement of loans, grants and interventions in the six geopolitical regions by NIRSAL Microfinance Bank urged the Central Bank of

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Bitcoin Treasuries Are Cracking as Public Companies Turn into BTC Sellers

A wave of bitcoin selling from public companies and sovereign entities is adding pressure to the bitcoin market, as firms that once called themselves long-term holders sit on long-term losses and move to shore up balance sheets, repay debt, and fund strategic pivots. Companies including Riot Platforms, Genius Group, and Nakamoto Holdings have all reduced

Analyst Says Bitcoin Closing 6 Red Monthly Candles Isn’t Bearish, What To Expect

Bitcoin’s recent price structure has not been easy to sit through. The price action has spent months moving sideways to lower, printing a series of bearish monthly closes since October that have placed the crypto sentiment in fear. That kind of slow pressure tends to feel worse than sharp sell-offs. According to a crypto analyst

Bitcoin breaks critical support as dollar and oil move together, raising risk of a deeper drop

Bitcoin spent the past 24 hours returning to the key levels on my channel map rather than continuing its breakout. It tested a boundary, failed to convert that test into acceptance, and rotated lower into the next pocket of support memory. Bitcoin price slid from the upper $68,000s and low $69,000s to around $66,400 by

Mapletree Notches Fifth US Logistics Disposal With $207.5M Sale to Dalfen

Mapletree Investments has sold a US logistics portfolio to last-mile specialist Dalfen Industrial for $207.5 million, as the Singapore-based group continues a string of disposals across its North American warehouse platform. The transaction marks Mapletree’s fifth major US logistics divestment... Read More>> The post Mapletree Notches Fifth US Logistics Disposal With $207.5M Sale to Dalfen appeared first

Bitcoin slips below $67k as ETF outflows curb risk appetite

Key takeaways BTC is down 2%, erasing the recovery earlier this week, US-listed spot ETF recorded an outflow of $173.73 million on Wednesday, breaking its two days of inflow this week. Bitcoin faces continued losses amid weaker institutional demand Bitcoin (BTC) prices continued to decline on Thursday, trading below $67,000, almost completely erasing the recovery