The Federal Deposit Insurance Corporation is currently in charge of Silicon Valley Bank (SVB), a state-chartered commercial bank with its headquarters in Santa Clara, California (FDIC). It had locations in Massachusetts and California and was the biggest bank in Silicon Valley in terms of deposits. Customers of SVB have beenContinue Reading
… “Prove that the results you declared were correct and true or set it aside” US tells INEC The United States government has rejected and condemned the just concluded Nigeria general election conducted by the country’s Independent National Electoral Commission, INEC. According to a speech at National Press Club (UnitedContinue Reading
An Ohio couple responded to a trending TikTok video that showed a woman ranting homophobically at them at a Miami Starbucks. The event happened on March 6 at a Starbucks in Miami, Florida, near the intersection of Coral Way and 27th Avenue, while couple Cassie Urry and Lorrin Skrbec wereContinue Reading
An Ad of the largest Cryptocurrency in terms of market cap, Bitcoin was spotted in front of the defunct bank Silicon Valley Bank, SVB. A white van directly in front of the bank displayed the Bitcoin advert. Recall that the was shutdown by regulators few days ago which has ledContinue Reading
Trading has stopped for one of the top leading European banks, BNP Paribas after 8% plunge in share price in early trading today. Banking crisis has now reached Europe, with shares of BNP Paribas and Credit Suisse falling this morning. Few days back, some banks in the United States ofContinue Reading
Mystery as worm-like creatures fall from the skies in China. The internet has been astonished by raining worms in China of what looks to be worms dropping from the sky, but everything is not as it appears. The video shows cars coated with worm-like creatures after heavy rain in China.Continue Reading
A successful Nigerian woman living in France has cried out about her need for a husband on social media. She made the plea on a viral Instagram video, where she desperately begged for help. “I need husband, I beg, I need husband. I get 2 hostels for Awada, I getContinue Reading
The United States Bureau of Statistics and Labour, BLS has released the long awaiting unemloyment rate. According to BLS, Total nonfarm payroll employment rose by 311,000 in February, and the unemployment rate edged up to 3.6 percent. Notable job gains occurred in leisure and hospitality, retail trade, government, and healthContinue Reading
China has boosted military budget and defense spending this year by 7.2% to 1.56 trillion yuan ($230 billion), according to a draft issued on Sunday by the Ministry of Finance. The amount China spent on military in 2019 increased by 7.5% to 1.19 trillion yuan. According to official statistics, China’sContinue Reading