DD
MM
YYYY

CATEGORIES

PAGES

DD
MM
YYYY

spot_img

CATEGORIES

PAGES

Home Blog Page 2071

Shiba Inu Price’s Direction Unclear While RCO Finance Aims for 254x Gains in Days

By
TI Partners
-
0

The Shiba Inu price action has traders scratching their heads; will it surge or stall? Meanwhile, RCO Finance is making waves with a bold 254x growth target. While SHIB struggles for direction, RCOF’s presale momentum and AI-driven ecosystem are turning heads.

With early investors already locking in major gains, the window to jump in at the best price is closing fast. Which crypto will dominate the coming days? Let’s break it down.

Shiba Inu’s Price Hits a Crossroads as Bulls and Bears Battle

Shiba Inu price has been on a rollercoaster ride, with bulls and bears locked in a fierce battle for control. Recently, buyers pushed the price toward a key resistance level, sending the Shiba Inu price climbing to $0.00001430.

However, the price briefly dipped but found support at $0.00001410, allowing another attempt at a breakout. Right now, the Shiba Inu price is at $0.00001368, dropping over 7% in 24 hours.

With price swings keeping traders on edge, the future remains uncertain. Shiba Inu price continues to test critical support and resistance levels, making it difficult to predict where it will head next.

Meanwhile, while SHIB’s momentum remains unclear, RCO Finance is making waves with a presale that promises an impressive 254x potential gain. Unlike speculative meme coins, RCOF is solving real-world financial challenges, ensuring long-term demand and rapid growth potential.

RCO Finance’s AI-Powered Advantage Puts It Miles Ahead

RCO Finance (RCOF) is revolutionizing trading with its AI-driven Robo Advisor; a tool designed to give traders a real edge in the market. The AI analyses massive amounts of data from sources like Bloomberg, Reuters, and live on-chain activity to provide real-time entry and exit signals.

Just last week, the ALCH token surged over 250% after an early accumulation phase. Most traders only discovered it after the surge. The RCO Finance Robo Advisor does this work for you, identifying breakout opportunities before the rest of the market catches on.

The Robo Advisor also protects your portfolio from sudden downturns. If the AI detects a bearish trend forming, it can recommend an exit before losses accumulate.

And it gets even better. RCOF is expanding beyond crypto trading, offering investors access to over 120,000 investment options, including tokenized real estate, stocks, ETFs, and bonds; all within a single, KYC-free platform. Users can effortlessly diversify their holdings while staying completely anonymous.

Plus, RCOF debit cards allow seamless spending of crypto holdings without the hassle of manual conversions.

Presale Heats Up as RCOF Investors Secure Early Profits

Unlike most crypto presale projects, RCO Finance is already delivering. Its Beta Platform is live, boasting over 10,000 active users who are already testing its features. And RCOF is preparing for an Alpha phase launch, which will introduce even more powerful AI enhancements currently undergoing testing.

The presale is in Stage 5, with the token selling at $0.10. Once the next stage kicks in, the cost jumps to $0.13. With over $13 million already raised, demand is skyrocketing, and the price will only keep increasing.

A $1,000 investment today at $0.10 will be worth $1,300 when the price rises to $0.13 in the next stage. Upon major exchange listings, analysts predict a 100x surge, meaning your initial $1,000 could turn into $100,000.

And if security is a concern, RCOF has been fully audited by SolidProof, confirming it is free of vulnerabilities and safe for investment.

Why RCO Finance Could Outshine the Shiba Inu Price

The Shiba Inu price may have had its explosive growth phase, but its best days might be behind it. Meme coins thrive on hype, and once the excitement fades, maintaining price momentum becomes difficult.

RCO Finance, on the other hand, is new and packed with real-world utility, making it primed for rapid adoption and long-term growth. RCOF investors are already seeing early-stage gains, and those who secured tokens in previous stages are now sitting on profit. But this window is closing fast.

The next presale stage alone will cut potential returns by 30%, and even more once RCOF gets listed. Don’t miss out.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

The Dangote Group’s N402 Billion Tax And Why Nations Need Big Firms

By
Ndubuisi Ekekwe
-
0

A nation where there are many small business owners, you have a poor nation. Yes, for all the noise of expanding business ownership, nations need BIG companies because big is better, since big companies have accumulated capabilities to solve huge business frictions in the land. And when big firms do rise, glory awaits for the tax agency.

Dangote Group is a case study: “Dangote Industries Limited (DIL), the conglomerate led by Africa’s richest man, Aliko Dangote, has once again asserted its dominance as Nigeria’s highest taxpayer. The company disclosed that it paid a staggering N402.319 billion in taxes in 2024, underscoring its significant contribution to the nation’s fiscal health.”

Home  Latest Insights | News  Dangote Group: Nigeria’s Leading Tax Contributor with Over N402 Billion Paid in 2024

Dangote Group: Nigeria’s Leading Tax Contributor with Over N402 Billion Paid in 2024

 | by Samuel Nwite | 0 
Dangote Group: Nigeria’s Leading Tax Contributor with Over N402 Billion Paid in 2024

Dangote Industries Limited (DIL), the conglomerate led by Africa’s richest man, Aliko Dangote, has once again asserted its dominance as Nigeria’s highest taxpayer. The company disclosed that it paid a staggering N402.319 billion in taxes in 2024, underscoring its significant contribution to the nation’s fiscal health.

Anthony Chiejina, Chief Branding and Communication Officer of Dangote Group shared this information during an interactive session with senior media executives at his office in Lagos. He emphasized that DIL, alongside its subsidiaries such as Dangote Cement, NASCON, and Dangote Packaging Limited, collectively remitted the taxes to the Federal Inland Revenue Service (FIRS).

Earlier in 2024, the FIRS, Nigeria’s apex tax authority, recognized DIL and its subsidiary, Bluestar Shipping, as the most tax-compliant organization in the country. The recognition was bestowed during the FIRS Special Day at the 2024 Lagos International Trade Fair, organized by the Lagos Chamber of Commerce and Industry (LCCI).

The FIRS, responsible for assessing, collecting, and accounting for federal tax revenues, praised Dangote Group’s adherence to tax regulations. This recognition aligns with the conglomerate’s reputation for fiscal discipline and transparency

Nigeria must find ways to scale companies so that we can have BIG companies. It is by doing that would Nigeria have resources to do whatever it hopes to do. Dangote is paying state budget as tax; that is something to celebrate

Dangote Group: Nigeria’s Leading Tax Contributor with Over N402 Billion Paid in 2024

Dangote Group: Nigeria’s Leading Tax Contributor with Over N402 Billion Paid in 2024

By
Samuel Nwite
-
0

Dangote Industries Limited (DIL), the conglomerate led by Africa’s richest man, Aliko Dangote, has once again asserted its dominance as Nigeria’s highest taxpayer. The company disclosed that it paid a staggering N402.319 billion in taxes in 2024, underscoring its significant contribution to the nation’s fiscal health.

Anthony Chiejina, Chief Branding and Communication Officer of Dangote Group shared this information during an interactive session with senior media executives at his office in Lagos. He emphasized that DIL, alongside its subsidiaries such as Dangote Cement, NASCON, and Dangote Packaging Limited, collectively remitted the taxes to the Federal Inland Revenue Service (FIRS).

Earlier in 2024, the FIRS, Nigeria’s apex tax authority, recognized DIL and its subsidiary, Bluestar Shipping, as the most tax-compliant organization in the country. The recognition was bestowed during the FIRS Special Day at the 2024 Lagos International Trade Fair, organized by the Lagos Chamber of Commerce and Industry (LCCI).

The FIRS, responsible for assessing, collecting, and accounting for federal tax revenues, praised Dangote Group’s adherence to tax regulations. This recognition aligns with the conglomerate’s reputation for fiscal discipline and transparency.

Dangote Group’s Tax Breakdown

Aliko Dangote recently disclosed that for every N1 generated from his cement business, 52 kobo goes to the government in various taxes. The tax contributions are broken down as follows:

  • 30% Corporate Tax: A substantial contribution to government revenue.
  • 7.5% Value-Added Tax (VAT): Collected on goods and services.
  • 2% Education Tax: Supporting the education sector.
  • 1% Health Tax: Aiding public health initiatives.
  • 10% Withholding Tax on Dividends: Applied to shareholder earnings.

This robust tax structure reflects the company’s compliance with Nigeria’s fiscal policies and its role in sustaining the national budget.

Commitment to Corporate Social Responsibility (CSR)

Beyond its tax obligations, the Dangote Group is also a leader in Corporate Social Responsibility (CSR). According to Chiejina, the conglomerate prioritizes community engagement and social impact initiatives, reinforcing its commitment to national development.

“As a responsible business entity, the Dangote Group ensures timely and full tax remittance at all levels of government. We also prioritize community engagement and social impact initiatives, furthering our commitment to national development,” Chiejina stated.

For over four decades, the Dangote Group has transformed from a modest trading company into a diversified manufacturing powerhouse. The conglomerate has significantly boosted Nigeria’s industrial capacity, particularly in cement production, sugar refining, and petroleum refining.

Its strategic investments have helped Nigeria achieve self-sufficiency in cement production and reduce reliance on imported refined petroleum products. Moreover, the Dangote Refinery, once fully operational, is expected to save Nigeria billions of dollars annually in fuel imports and potentially stabilize the local currency by reducing forex demand for fuel purchases.

Market Influence and Financial Market Leadership

Dangote Cement Plc, a flagship subsidiary of the Dangote Group, also earned multiple accolades at the FMDQ Gold Awards in Lagos. The company secured three major awards, demonstrating its influence in Nigeria’s financial markets:

  • Most Active Business in the Foreign Exchange Market: Highlighting its robust forex transactions.
  • Largest Commercial Paper Quotation on FMDQ: Showcasing its leadership in the debt market.
  • Single Largest Corporate Debt Issue on FMDQ: Reinforcing its strength in corporate financing.

In addition, Dangote Industries Limited was recognized as the Most Active Corporation in the Foreign Exchange Market, reflecting its pivotal role in supporting Nigeria’s forex stability.

A-Pillar of Nigeria’s Economic Development

The Dangote Group’s contributions to Nigeria’s economy go beyond taxes and awards. Its consistent investment in key sectors, adherence to tax laws, and engagement in CSR initiatives underscore its role as a pillar of the economy. The company’s contributions are not only vital to government revenues but also critical in supporting public services and community development.

Google AI Mode Will Expire Many Businesses

By
Ndubuisi Ekekwe
-
0

Your SEO playbook may be expiring soon and that means you must retool your business for your site visitors to actually seek out your website, over relying on Google search results. Yes, the new Google Gemini AI Mode may expire many businesses: “AI Mode is a radical new search experience where Google’s AI, powered by Gemini 2.0, takes full control of the search results.

“Unlike traditional search which presents a list of links to explore, AI Mode generates an answer directly on the search page using advanced reasoning, thinking, and multimodal capabilities. The response may include web summaries, Knowledge Graph content, and shopping data, presented as a more complex version of the existing AI Overviews.” Simply, users may not need to click to visit your site.

That means in the next few months, expect the traffic from Google to your website to drop. And before that happens, you must explore new ways to get users to your website directly.

About Google AI Mode

  • Enhanced AI Overviews: Google is using Gemini 2.0 to power AI Overviews, which are the AI-generated summaries that appear at the top of some search results. This upgrade aims to provide more accurate and helpful responses, especially for complex queries like those involving coding or advanced math.  This also involves expanding access to AI overviews, so that more people can utilize them.  
  • AI Mode: This is a new, experimental search mode that goes beyond AI Overviews. It creates a more interactive, conversational AI experience within Google Search.  

Google’s Gemini 2.0 Brings a Paradigm Shift to Search: Goodbye 10 Blue Links, Hello AI Mode

By
Samuel Nwite
-
0

Google, a name synonymous with web searches, is embarking on a transformative journey that could change the way we navigate the internet. The tech giant has announced an expansion of its AI search capabilities through its new model, Gemini 2.0, which could soon make traditional search results a thing of the past.

Instead of the familiar 10 blue links, users might find themselves interacting with an AI-driven interface, aptly named AI Mode.

What Is AI Mode?

AI Mode is a radical new search experience where Google’s AI, powered by Gemini 2.0, takes full control of the search results. Unlike traditional search which presents a list of links to explore, AI Mode generates an answer directly on the search page using advanced reasoning, thinking, and multimodal capabilities. The response may include web summaries, Knowledge Graph content, and shopping data, presented as a more complex version of the existing AI Overviews.

In AI Mode, the search process becomes more conversational, allowing users to ask follow-up questions or refine their queries without ever needing to click through to external websites. While this might sound like a faster way to find answers, it also underlines a shift in how Google might control the flow of information online.

Gemini 2.0: A New AI Powerhouse

Google introduced the first Gemini 2.0 models, including a streamlined version called Gemini 2.0 Flash, in December 2024. The full-featured versions of Gemini 2.0 are still under testing, but early versions are already enhancing AI Overviews with improved performance in math, coding, and handling multimodal queries.

The new AI Overviews will soon be visible to all users, including minors and those not logged into Google accounts. This expansion broadens the reach of AI-driven responses, integrating them more deeply into everyday searches.

The End of Traditional Search?

Google insists that traditional web search is not going away, emphasizing that helping users discover online content remains a core part of its mission. The AI Mode will still offer links and citations within its responses, mimicking the style of current AI Overviews. However, unlike today’s experience where users can scroll down to see traditional links, AI Mode will not display these organic search results unless the AI is unable to generate a satisfactory answer.

In such cases, the system will revert to showing traditional links. However, this fallback approach highlights the experimental nature of AI Mode, which Google admits is not yet ready for mainstream use.

For now, AI Mode is only accessible to Google One AI Premium subscribers, who pay $20 per month for priority access to Google’s latest AI tools. The subscription model could be a sign of how resource-intensive generating these AI-driven search pages is, even for a company of Google’s scale.

The feature is currently in Google’s Search Labs, where users can join a waitlist to test AI Mode. Feedback from this public testing phase will help Google refine the tool before a broader rollout.

The introduction of AI Mode is part of Google’s larger strategy to harness generative AI technology in everyday tools. However, as with any emerging technology, there are risks. Generative AI systems like Gemini 2.0 are not immune to inaccuracies, and Google acknowledges that the AI might occasionally take on a persona or form an opinion, resembling a chatbot. This could blur the line between providing information and offering subjective responses, potentially raising concerns about bias and misinformation.

The Challenges of Trust, Accuracy, and Market Reception

Despite its potential, AI Mode introduces new challenges for Google. A key issue is trust—can users rely on AI-generated answers to be accurate and unbiased? This is especially critical as AI Mode might not show traditional web links, limiting the user’s ability to cross-check information.

Another challenge lies in maintaining Google’s primary role as a gateway to the broader internet. Google risks keeping users within its ecosystem rather than directing traffic to external websites, by presenting AI-generated summaries. This could draw criticism from publishers and regulatory scrutiny, particularly in markets like Europe, where antitrust laws are stringent.

Google’s track record of pushing experimental features to wider audiences suggests that AI Mode might not remain an optional feature for long. The company’s steady rollout of AI Overviews, even without universal enthusiasm, indicates a strong commitment to this AI-first approach. If AI Mode proves successful, it could redefine how we interact with the internet—whether we like it or not.

While the new AI Mode could improve search efficiency, the broader implications for internet transparency, user choice, and the open web are still unfolding.

1...2,0702,0712,072...8,560Page 2,071 of 8,560

© Tekedia. All rights reserved.

Term & Privacy

© Tekedia. All rights reserved.

Term & Privacy