Business Daily Folgen

Bitcoin’s popularity in Nigeria has exploded – with one of the youngest populations in the world, coupled with a high unemployment rate, its popularity was almost inevitable. Many young Nigerians are attracted to cryptocurrencies as an alternative and quick way to make money. Jude Umeano tells us that he lives his life using only Bitcoin, and that the government ban on funding crypto-based businesses only made him find loopholes. In fact, the government ban was likely the catalyst that increased its popularity, says Idayat Hassan from the Centre of Democracy and Development in Abuja. But there are still common, old fashioned concerns that make crypto investing so popular – and that’s mainly because it’s seen as a more secure and valuable currency in the global markets, says Eke Urum, chief executive of Risevest, one of Nigeria’s many investment platforms, which is still seeing users grow, despite the government ban.(Image: Bitcoin app in Lagos. Credit: Alexander Sanchez/ Getty images)

Doping is a growing problem in the multi-billion dollar industry of competitive online gaming – but remains an open secret. As prize money runs in to the millions, are more young people turning to drugs to stay focused to win? With major league eSport athletes admitting to mass doping, we speak with the founder of the world’s first eSport university programme - Dr Glenn Platt at Miami University, Ohio - who tells us the casual attitude to doping for performance enhancement. Varsity eSport players Jared Shapiro and Jennifer Frank tell us that doping using Adderall and Ritalin are engrained within eSports, making it to difficult ban, when so many gamers need them for medical purposes. Doping in eSport regulator Ian Smith from the eSports Integrity Commission says that the major tournament organisers and games publishers should foot the bill for testing – which is severely underfunded. But while the major names – DOTA 2, Overwatch and League of Legends – continue to grow in users during lockdown, Craig Fletcher, an eSports tournament organiser, says the business has less money to spend on regulation, after coronavirus stops people gathering for tournaments.(Image: Pixelated pills. Credit: non157 / Getty Images)

On this edition of Business Weekly, we look into Lebanon’s economy - a country going through the worst economic crisis since its civil war of the 70s and 80s, with severe disruption to basic services and food shortages. We also hear from Zambia, where the pandemic has meant the usual cash-rich tourists have stayed away, and the economy is dominating the general election campaigns. Plus, we look at another attempt to narrow the gender gap in science and engineering careers, by introducing female role models into toy dolls. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.