Mexican billionaire urges investment in Bitcoin amid naira depreciation

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Bitcoin Nouvelles

Naira,Ricardo Salinas Pliego

A Mexican billionaire and chairman of Salinas Group, Ricardo Salinas Pliego, has urged his followers to invest in Bitcoin following the

depreciation of the naira. The naira's decline has been so severe that N1 is now worth less than one satoshi, the smallest unit of Bitcoin . Salinas, whose net worth stands at $12.7… depreciation of the naira.

Salinas, whose net worth stands at $12.7 billion according to Forbes, made this statement on the social media platform X while commenting on a post about the naira’s new valuation.A follower on X questioned Ricardo Salinas about which exchange-traded funds, stocks, and cryptocurrencies he would recommend as viable investment opportunities.The naira has been depreciating, becoming the worst-performing currency against the US dollar in May.

depreciation of the naira. The naira's decline has been so severe that N1 is now worth less than one satoshi, the smallest unit of Bitcoin . Salinas, whose net worth stands at $12.7…The Coalition of Indigenous Ethnic Nationalities said it has written President Bola Tinubu to propose the division of Nigeria into eight geo-political regions with approximate interim boundaries. A chieftain of the Yoruba socio-cultural association, Afenifere, Dr.

The House of Representatives has debunked the media reports on the purported “draft bill seeking a return to a regional system of government for Nigeria.” A spokesman for the House of Reps, Hon. Akin Rotimi, dismissed the reports through a chat posted on Speaker Tajudeen Abbas’ Media platform on Thursday evening.

 

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