The Nation Newspaper

Category: Online Special

  • Six world class professors from northeast

    Six world class professors from northeast

    Long before the northeast became notorious for insurgency and terrorism, these brilliant minds from the region have won impressive academic laurels.

    Here are six world class professors from the northeast.

    1. Emeritus Umaru Shehu from Maiduguri. Professor-emeratus Umaru Shehu Maiduguri, a Borno man, and first Emeritus in Northern Nigeria with unmatched Profile in MEDICINE PROFESSION in the history of Nigeria….

    Professor Umaru Shehu was born on December 8, 1930 in Maiduguri, Nigeria. He attended Elementary School, Maiduguri 1935-1940; Middle School, Maiduguri 1941-1943; Kaduna College, Kaduna 1944-1947; University College Ibadan 1948-1953; and was at the University of Liverpool between 1953-1956, and 1966-1967.

    He was VC of University of Nigeria Nnsuka (UNN) from 1978 to 1980.

    2. Prof. Iya Abubakar, first rate mathematician of Africa who became a professor at 28.

    Iya Abubakar (born 14 December 1934) is a mathematician who held multiple cabinet level appointments (Minister of Defence and Minister of Internal Affairs) during the Second Republic, and Senator for Adamawa North from May 1999 to May 2007.

    3. Prof. Jibrin Aminu, a professor of Medicine, a super brain, with exceptional social and emotional intelligence, uncommon competence and deep erudition.

    Jibril Muhammad Aminu (born August, 1939) is a professor of cardiology.He was Nigerian Ambassador to the USA (1999–2003) and was elected Senator for Adamawa Central constituency of Adamawa State, Nigeria, taking office on 29 May 2003. He is a member of the People’s Democratic Party(PDP).

    4. Prof Auwal Abubakar, is a renowned scholar and current Medical Director & Chief Executive Officer of Federal Medical Centre, Yola. He led teams that separated CONJOINED TWIN and earns several awards for leading multiple successful surgeries of separating conjoined twins.

    The erudite scholar and Professor of Paediatric Surgery have in the past operated successfully three cases of conjoined twins. On the 14th, May 2018, Prof. Auwal led another team of 26 medical personals including surgeons on a similar mission to successfully carry out the separation of Fatimah and Maryam, conjoined twins born to Mohammed Ramat and his wife Kellu Adam.

    Prof. Auwal M. Abubakar was born on 20th January, 1966 in Mayokila village, Leko District of Jada local government area of Adamawa State.

    5. Prof. Zainab Alkali, the first female novelist from Northern Nigeria, Zaynab Alkali was born in 1950 at Tura-Wazila in Borno State. Her Islamic family came from a Tura-Wazila in Borno State, Nigeria, and later they moved to a Christian village in Gongola State, where she was brought up. She went to Bayero University and graduated with BA in 1973.She obtained a doctorate in African Literature in English in the year 1979 in the same university, and became the principal of Sakera Girls’ boarding school.

    She started her primary school education at Waka Girls Boarding (Primary) School, Biu, And later to Queen’s School, llorin, Kwara State, Ahmadu Bello University, Zaria; She graduated from Bayero University, Kano, with a BA in 1973, obtaining an MA in African Literature in English in 1979.

    6. Prof. Ahmed Babagana from Yobe, the first Professor and Consultant of ENT from Northeast Nigeria.
    Babagana is the former Medical Director of National Ear Care Centre, Kaduna.

  • Five recyclable waste materials

    Five recyclable waste materials

    The world is characterized by the growth and production of materials, which we use in carrying out daily activities. The frequency of which production occurs makes recycling a very important factor in maintaining a stable working environment. There are many materials that shouldn’t be discarded after use because recycling them can reduce the production costs of new ones.

    To avoid running out of resources, it is needful to make prudent use of available materials by keeping them for recycling purposes. Materials that can be recycled include the following;

    * Tire: The rubber powder recycled from the scrap tires are wildly used in the industries. It is mainly used as modified asphalt for highway construction and it is one of the biggest consumption markets for rubber granula. There are more volume of applications for the rubber, steel and fibre derived from recycling tyre which makes tyre recycling an attractive opportunity for the recycling industry.

    * Plastic: There are many plastic materials in our homes, which we discard when not in use. It is better to keep these for recycling purposes. The systems are capable of processing a wide range of plastic materials with varying levels of contamination including extremely heavy contamination such as oil-based substances and agricultural waste and converting them into something new.

    Read Also: Five tips to career development

    *Cardboard: The first step in recycling cardboard is to separate it from other paper such as office paper and newspaper. The cardboard is then baled and sent to a mill, shredded into small pieces, and put in a pulping machine to introduce water/chemicals and break down the cardboard into fibers. Over half of the cardboard collected is used to make new cardboard boxes, and additional cardboard can be downcycled into cereal boxes and shoe boxes.

    *Steel: Steel can be infinitely recycled because it is such a widely used material, the range of possible uses for it are endless. It can be found in an incredibly diverse variety of products from train tracks and cars to bicycle frames and paperclips and of course new food and drinks cans.

    *Glass: Glass is 100% recyclable and can be recycled endlessly without loss in quality or purity. Glass is a very important inorganic material which is one of the largest productions of industries. It can be made into a variety of different products used for man’s daily living.

    As humans, we should be able to differentiate between recyclable and non-recyclable waste so that we will be able to utilise resources properly and help the continuous production process.

  • Five divorced Nollywood actresses yet to remarry

    Five divorced Nollywood actresses yet to remarry

    Their first marital adventure hit the rock. It ended badly. While many expected them to give marriage another try, they are yet to gather the courage to do so.

    Here are five Nollywood actresses who are yet to remarry:

    Kate Henshaw

    Kate Henshaw
    Kate Henshaw

    Kate Henshaw is one of the most sought-after actresses. Despite being over 45 years old, she still appears to be lovely and youthful. She earned the Africa Movie Academy Award for Best Actress in a Leading Work in 2008 for her role in the romantic film “Stronger than Pain,” in which she co-starred with Emeka Ike. Kate Henshaw married her long-term boyfriend Rod Nuttal in 2000, and the couple had a beautiful daughter named Gabrielle Nutall. After a few years, their marriage fell apart, and they went their separate ways.

    Doris Simeon

    Doris Simeon
    Doris Simeon 

    On set, the Lagos-based actress met her ex-husband, producer and director Daniel Ademinokan, also known as Da Bishop, and they have a kid together.

    They divorced in May 2013, giving Da Bishop the opportunity to marry Stella Damasus, an actress and widow of Jaiye Aboderin, in 2013, causing a lot of controversy. The two lived together as a couple for years before recently splitting.

    Tonto Dikeh

    Tonto Dikeh
    Tonto Dikeh

    In August 2015, she married Olakunle Churchill in a traditional ceremony.
    Dikeh gave birth to a son in February 2016. However, the couple has gone their separate ways since then.

    Dikeh became embroiled in a web of controversy in early October 2021 after posting purported voice notes on her social media handles claiming that her ex-lover, JOSEPH EGBRI (also known as Prince Kpokpogri), had sex tapes and nude photos of Usiwo Orezimena Jane, a Nigerian dancer known as JANEMENA, on his smartphone. Dikeh allegedly made the accusations after a tumultuous breakup with her ex-lover, Kpokpogri, in September.

    Iyabo Ojo

    Iyabo Ojo
    Iyabo Ojo

    Iyabo took a pause from her profession after marrying a Lagos-based movie marketer in 1999 at 21. She has two children, Felix Ojo and Priscilla Ajoke Ojo born in 1999 and 2001, respectively. She is now divorced from their father. Her first marriage ended because she married too young, she has said. She has stated that she will no longer use her ex-last husband’s name, Ojo.

    Ayo Adesanya

    Ayo Adesanya
    Ayo Adesanya

    Ayo began her acting career in 1995 when she made her first appearance on television in Tunji Bamishigbin’s soap opera “Palace.” She later entered the Yoruba cinema industry where she has appeared in, produced, and directed a number of films. She also features in films in the English language.

    Ayo Adesanya was previously married to Goriola Hassan but they are divorced and have not married again. Ayo Adesanya is also the mother of a son.

  • Inside Nigeria’s organic fertiliser producing plant

    Inside Nigeria’s organic fertiliser producing plant

    For 20 years, Earthcare Nigeria Limited has been converting organic waste to fertiliser and producing organic feeds for animal husbandry, making it the largest organic fertiliser producer in Nigeria. Sunday Oguntola, who visited the plant of the firm recently in Ikorodu, Lagos reports on how it has been producing a daily turnout of 500 bags.

    Waste trucks move in and out of Earthcare Nigeria Limited almost on a daily basis with residents in the estate where it is situated in Ikorodu suburb of Lagos wondering what they get to do with them. The massive tonnes of waste moved into the quiet, expansive landscape of the firm however turn into mega millions and improve the environmental fortunes of Nigeria in no small way. From the waste emerge economic bucks and a cleaner environment.

    While many residents close to the plant, including millions of Nigerians may not be aware, some farmers in the most populous black nation on earth have been benefitting from the astonishing products from the waste in the last 20 years.

    The firm has been converting organic waste to fertiliser with indescribable nutritional value to the soil. The waste gathered mainly from nearby Ketu and Ojota markets produces not less than 500 bags of organic fertiliser under the Waste-To-Wealth initiative of the firm with the Lagos Waste Management Authority (LAWMA). LAWMA MD/CEO Ibrahim Odumboni, confirmed this at a recent stakeholders meeting.

    According to him, Earthcare Nigeria Limited plays a major role in the project, promising that LAWMA would collaborate more to stabilise the recycling value-chain for fair reward to all stakeholders and investors.

    The plant situated on a 24-hectare expanse of land in the Ikorodu recycling waste plant has the capacity to produce 200,000 metric tons of Grade “A” organic fertilizer per annum.
    Chief Operating Officer/Managing Director of Earthcare Nigeria Limited, Gregory Ohiaeri, explained the project, apart from reducing greenhouse gas emissions by over 20%, converts them to value for farmers, meaning vegetables, fruits or other plants grown with the fertilizer are purely organic devoid of any harmful chemicals.

    The unique idea of converting perishable wastes to fertilizer started the during the administration of former Governor Bola Ahmed Tinubu in Lagos when Earthcare Nigeria Limited entered into a partnership with LAWMA to reduce greenhouse gas emissions by diverting solid waste, which would normally go to landfills in the city of Lagos, to a state-of-the-art composting facility.

    Ohiaeri explained that while funding has always been a major challenge because of the need to expand more and acquire more equipment, Earthcare is also producing organic feeds for poultry and other livestock farmers at cost-effective prices compared to other chemically enhanced feeds.

    “Waste, which hitherto a challenge and burden, has been channeled to the plant is now creating employment. Not only that, the organic fertilizer produced from the plant is now being sought after by farmers to nourish their vegetables and other planted crops in their farms.

    “All organic soil additives are not composted. A farmer buys NPK chemical fertilizer hoping to feed his crop but in reality, all farmers know that a large amount of the N that they purchase is lost as ammonia to the air, dissolves in water where it washes from the field during a rain event or is carried deep in the soil towards the aquifer beyond the plant’s root system.”
    According to him, while the NPK chemical fertilizer goes for about N12,500, Earthcare organic fertilizer costs less half while being more beneficial to the soil, crop and farmers. This is because it contains a diverse set of organisms, a diverse set of food resources, and humus to provide good aggregate soil structure.

    “Presently, we have supplied many States in the country with fertilizers from the site. All we are doing presently is to scale up the capacity which requires lots of funding. The Lagos State Government has been supportive but with more support, we will be able to reach more farmers and improve the state of agriculture in the State.”

    The plant, Ohiaeri said, is not just to convert waste to fertilizers. Earthcare is also helping livestock farmers to produce organic feeds that not only keep their livestock growing well but is also healthy for people who consume them.

    “We have designed a biorefinery that turns waste into wealth for smallholder farmers. Our zero-waste, zero-emissions system converts organic waste using black soldier fly larvae. When the black soldier fly larvae are fed organic waste, they mature quickly and have a high protein content which makes them a nutritious animal feed.

    “In the feeding process, they break down the organic matter and leave behind a residue which serves as an organic soil amendment. The larvae which are then dried and blended with cassava puddings which is also a by-product from a starch-making company contain high protein for livestock.”

    He said with more funding, Earthcare wants to focus on strengthening its supply chain logistics and also integrate tech into the process a bit more.

    “I think mobilising the informal sector would also be pretty impactful. There are a lot of people in waste management, unofficially, but I think they just need that push to have a waste sorting and waste processing center. And being able to streamline that process would be huge for us. For one, because we know exactly what kind of waste we’re getting and we have a waste source secured,” he added.

    Converting food waste into animal feed is highly useful for tackling the problem of food waste, which is particularly severe in developed countries.

    The Head of Animal Husbandry for Earthcare Nigeria Limited Aina Ololade Matthew said the conversion of food waste into animal feed is highly useful for tackling the problem of food waste, which is particularly severe in developed countries like Nigeria.
    “Converting food waste into animal feed is highly useful for tackling the problem of food waste, which is particularly severe in developed countries. For every kilogram of (chicken) broiler feed, carbon dioxide emissions are reduced by 300 grams with a 10% mix diet generated from wastes which ordinarily would have been an eyesore,” he stressed.

    Head PR and Marketing, Titi Mogaji, said with enough investment, the amount of commercially produced food waste, on both the large and small scale, needs to be reduced. “With nearly fifty percent of this waste being derived from fruit and vegetable origins, recycling this waste into animal feed would drastically reduce the overall amount of waste produced,” she added.

  • 15 things to know about Patrice Lumumba

    15 things to know about Patrice Lumumba

     

    Sixty-one years after Belgian authorities have finally returned a tooth belonging to freedom fighter, Patrice Lumumba, who was murdered gruesomely by separatists and Belgian mercenaries in 1961, as an anti-colonial hero.
    Below are 15 things to know about assassinated Congolese independence hero, Patrice Lumumba.

    · Patrice Lumumba was born on July 3, 1925 to Julienne Wamato Lomendja and her husband, François Tolenga Otetshima, a farmer, in Onalua, in the Katakokombe region of the Kasai province of the Belgian Congo.

    · He was known for being a vocal, precocious young man, regularly pointing out the errors of his teachers before peers, often to their chagrin. His outspoken nature would come to define his life and career.

    · Lumumba spoke Tetela, French, Lingala, Swahili and Tshiluba.

    · In 1960, Lumumba led Congo, now the Democratic Republic of Congo (DRC), to independence from Belgium and became the country’s first democratically elected Prime Minister. He also became a hero and the face of the struggle against colonialism in Africa.

    · A fiery critic of Belgium’s rapacious rule, became his country’s first Prime Minister but fell out with the former colonial power and the United States. He was ousted in a coup a few months after taking office.

    · After Mobutu’s military coup, Lumumba attempted to escape to Stanleyville to join his supporters who had established a new anti-Mobutu rival state called the Free Republic of the Congo but was captured and imprisoned en route by state authorities under Mobutu.

    · He was handed over to Katangan authorities and executed in the presence of Katangan and Belgian officials and officers.

    · The execution is thought to have taken place on 17 January 1961 between 21:40 and 21:43 (according to the Belgian report). The bodies were thrown into a shallow grave. The following morning, on orders of Katangan Interior Minister Godefroid Munongo who wanted to make the bodies disappear and thereby prevent a burial site from being created, Belgian Gendarmerie officer Gerard Soete and his team dug up and dismembered the corpses, and dissolved them in sulfuric acid while the bones were grounded and scattered.

    · But the tooth, gold-capped was kept as a trophy by the Belgian Gendarmerie officer Gerard Soete.

    · The tooth was eventually seized from the daughter of the policeman, Gerard Soete by Belgian authorities in 2016 after Lumumba’s family filed a complaint.

    · Belgium, on Monday, handed over the last remains of the slain Congolese leader Patrice Lumumba, a tooth, to his family, turning a page on a grim chapter in its colonial past.

    · Chief prosecutor, Frederic Van Leeuw gave the relatives a small, bright blue box containing the tooth in a televised ceremony, and said the legal action they had taken to receive the relic had delivered “justice”.

    · The tooth was placed in a casket that was then draped in the flag of the Democratic Republic of Congo, which celebrates Lumumba, who was murdered.

    · The casket containing the tooth is set to be flown back to the DRC where it will be officially laid to rest at a memorial site.

    · The country is set to hold three days of “national mourning” from 27 to 30 June to mark the burial ceremony on its 62nd anniversary of independence.

  • Five tips to career development

    Five tips to career development

    As career development enthusiasts, there are key tips expected to undertake to be come successful one

    Here are five tips to career development growth:

    1. Prepare your expectations goals: You can develop practical strategies to assist you in achieving your goals by creating specific, measurable objectives. Long-term motivation may also come from being able to evaluate your successes. Getting a degree from an academic institution is an example of a professional growth aim. obtaining a professional certification, joining a trade association, discovering new technology, expanding obligations and responsibilities. Follow a step-by-step approach to achieve your goal.

    2. Map out step-by-step action plan : when you have decided what it is, you can then organised phases, a professional development plan helps direct you toward your goal. Take the task of writing a piece of software, for instance. Your initial step will be to enroll in classes to master the appropriate programming languages before you can do that. Be proactive in looking for new opportunities. Although training is a crucial component of professional development, opportunities and experience can be just as transformative. Look for chances to go to conferences and classes, but also keep an eye out for projects that will challenge you and expand your skill set. You will gain more insight into your capabilities by accepting more duties.

    3. Get a mentor: Receiving mentoring can both be very beneficial. Those seeking career advancement and exposure to fresh viewpoints can benefit from mentoring’s counsel and direction. Ask your boss if they know of a suitable mentor, or discreetly seek guidance from a coworker, if you’re looking for one. Finding new opportunities to learn is important because learning doesn’t always have to be formal.

    Read Also: Oyebanji promises new dawn in Ekiti

    4. Discuss your professional objectives: It’s crucial that you communicate your career goals to your boss. After all, one of their responsibilities is to encourage your growth so that you can contribute significantly to the business. They will start to put more trust in you if they see that you are eager to take on new challenges. The information on training programs that are offered can also be found from your supervisor. Ask a colleague in your field if they are aware of any opportunities to advance your knowledge or experience if you are self-employed or do not have a supervisor.

    5. Have your progress recorded: Growth is fun and adventurous, there may be times when you experience frustration or doubt. That’s why it is pertinent to keep track of your accomplishments and regularly review your progress. Also, this ensures that you remain committed to your plan and allows you to improve your efforts if your progress begins to slow.

  • Eight Nigerians on INTERPOL’s wanted list

    Eight Nigerians on INTERPOL’s wanted list

    Interpol is the world’s largest international police organisation with 190 member- countries cooperating to prevent and solve crimes that cross borders.

    If a criminal flees to another country to avoid prosecution, Interpol will issue a Red Notice alert to all police worldwide about the criminal who is wanted internationally. The Red Notice is a request to law enforcement agencies all over the world to find and apprehend the culprit.

    Here are eight Nigerians wanted by Interpol according to interpol.int;

    1. Vitus Akachi

    Vitus, who was born on June 13, 1984 has been declared wanted in Angola and is accused of illegal possession of firearms, kidnapping and robbery.

    2. Salif Bouhari

    59-year-old Salif has been declared wanted in China for drug trafficking.

    3. Nkem Butchang Timloh

    Nkem, who was born on November 25, 1988, has been declared wanted in Canada on charges of sexual assault and failure to comply with the condition of his recognisance.

    4. Okromi Festus

    Okromi Festus was born on June 26, 1965 and he is wanted in India on charges of cheating and criminal conspiracy.

    5. Costa Da Costa Frankle Austine

    This 59-year-old is also wanted in India on charges of forgery of valuable security, possession of a forged document knowing it is forged and intending to use it as genuine, and forgery for the purpose of cheating.

    6. Uzoma Eneh Jude

    Uzoma, who was born on August 11, 1973, has been declared wanted in Brazil for drug trafficking.

    7. Asuquo Mbuotidem Edem

    In Ghana, the 33-year-old man from Calabar has been declared wanted for robbery and rape.

    8. Obidiozor Malahi Ikechukwu

    Born on 30th June 1979, Malahi has been declared wanted in Angola for kidnapping, robbery and illegal possession of firearms.

  • Five reasons to drink enough water

    Five reasons to drink enough water

    Water is one of the classes of food and the most important one at that because without water death can occur. That explains the popular saying “water is life”. Hence the importance of water cannot be overemphasized.

    Below are some reasons why water should be taken adequately:

    *It aids Digestion: water is essential to good health. It helps break down food so that your body can absorb them( nutrients) into the body. It also helps to prevent constipation and make stool softer. Everyday, you should choose water over other sugary drinks. It is the best.

    *For regulating body temperature: the human body uses water to stabilize temperature meaning it can absorb heat before its temperature rises. This is what allows the water in every cell of the human body to stabilize the human system against sudden temperature changes. Water also helps to expel heat from the body as water vapour from the lungs and through sweat on the skin.

    Read Also: Imported bottled water?

    *It reduces skin harshness: water helps to maintain the skins elasticity and keep it hydrated. People who drink enough water are less likely to suffer from scars and wrinkles and they won’t show many signs of ageing as those that drink little amounts of water.

    *To normalize blood pressure: dehydration causes the kidney to release renin. This results in sodium and water retention in the body to correct the low fluid volume. This response if constant can cause the blood pressure to be high. If these effects remain constant in the body, the brain will constantly have to maintain a blood pressure higher than it normally should so that other organs can receive blood supply. When this happens, people are at risk of having hypertension because of poor water intake.

    *Cushioning joints: Water helps to keep your joints properly lubricated and flexible. The synovial fluid that directly lubricates the joints consists of mainly water. This fluid reduces friction between joints and helps to maintain healthy tissues. Intake of alcoholic drinks can heavily affect your joint movement because it easily makes you dehydrated and this is not good for the joints. Therefore, it is advised that taking alcohol should be accompanied by almost a double of water measurement to keep the body hydrated.

  • Six local products good for export

    Six local products good for export

    The rate of demand for African foodstuff overseas is high due to the increasing numbers of Africans especially Nigerians who have migrated.

    Nigeria is one of the highest producers of many crops as such some of its produce could be processed and exported into values.

    Exportation of local produce to Europe and America can serve as a good means of income, earning a living, and creating employment, All you need to do is decide on the product to export and choose the right packaging pattern.

    Here are six (6) local product that can be exported from Nigeria to overseas:

    *Ginger: Ginger is one of the most requested spices for cooking. It also has lots of health benefits and medicinal purpose which makes it high in demand. You can start by trading and exporting this item overseas.

    Read Also: ‘We have to restructure agriculture to win’

    *Nuts: Nigeria is one of the high producers of nuts it is believed to have has some high nutritional value. exporting Nuts such as groundnut, cashew nut, kolanuts, could be very lucrative.

    *Cassava flour: cassava flour popularly known as Garri has a high demand due to its sustainability and various ways of consumption.

    *Locust beans: Consuming locust beans is not only beneficial to the body but also adds aroma to cooking, Exporting the Locust beans locally known as Iru with the right packaging and preservation is also considered a smart option in which you can venture to make money.

    *Shea butter: Due to its numerous benefits shea butter could be used as a skin moisturiser, major ingredients for hair hair growth, cooking oil, and many more….shea butter is considerably a good product for export.

    Crayfish: Crayfish is a major cooking ingredients for Africans especially Nigerians Abroad it has a high order in which exporters can make money from.

  • Four reasons for cryptocurrencies crash

    Four reasons for cryptocurrencies crash

    With all its uncertainties, crypto is considered one of the most volatile instruments for investment purposes.

    Cryptocurrency markets were reported on June 13, 2022, to have crashed to a new low this year.

    The global market cap shrunk below $1 trillion to $977 billion, around a 12 % fall since Sunday.

    The global cryptocurrency market cap fell by around $1 trillion this year while almost every top coin is now worth half or even less than their all-time highs.

    Bitcoin, the biggest and most popular cryptocurrency, has fallen below $22,000 while almost all altcoins, starting from Ethereum, are bleeding prices since the weekend.

    Below are four major reasons responsible for the crashing of cryptocurrencies in recent times:

    • According to Edul Patel Co-Founder and CEO of crypto investment platform Mudrex, the crypto market has been under pressure from the Federal Reserve, hiking the interest rates to combat inflation over the past few months.
    • As a result of a broad sell-off, following the data showing US inflation hitting a 40-year high, Bitcoin, Ethereum, and most cryptocurrencies suffered losses over the weekend.
    • As investors seem to have panicked, the number of crypto liquidations has been high since Friday. Bitcoin and Ethereum plummeted as much as 7% each and is currently trading at their lowest at US$25,000 and US$1,300.
    • The rising food, gas, and energy prices are also putting tremendous pressure on the crypto market as Bitcoin and Ethereum have witnessed double-digit losses in the past 24 hours according to another expert, Shivam Thakral, CEO of crypto exchange BuyUcoin.

    In a nutshell, the immediate trigger for the crypto crash appears to be a massive sell-off by investors amid heightened inflation fears and pausing of withdrawal by crypto lending service Celsius.

    Investors are also continuing to stay away from riskier assets, resulting in crypto price plunges which are reflected in the stock markets as well.