DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 2130

Creating and Executing Strong Business Vision  – Tekedia Mini-MBA

0

What is your business Vision? And how does that Vision drive the Mission of the firm? It is easier to assemble the best to accomplish challenging tasks than to pursue something boring. Indeed, you can recruit more talented people for a journey to the moon, than to go and dig a ground, because going to the moon is more challenging, and also more exciting. Think about it: nearly every kid will like to work for NASA over one tunnel-boring company because NASA inspires.

In this lecture, I will explain how crafting a winning Vision can help you to attract and retain the best, and in that process, you can win the market. Aspirational vision with a purpose built into it will activate all the necessary factors of production, from capital to labour, and beyond, at scale.

“I want to organize the world’s information” is more inspiring than “I am building a website to store data”. I want “to build a digital human community for all people in the world” is better than “I am creating a website where people share photos and videos”.

What is your business vision? How can you create a great one? Join me tomorrow at Tekedia Mini-MBA Live as I teach on “Creating and Executing Strong Business Vision”. Zoom link in class board https://school.tekedia.com/course/mmba16/

Sat, March 1 | 7pm-8.30pm WAT | Creating and Executing Strong Business Vision  – Ndubuisi Ekekwe

FCCPC Orders MultiChoice to Suspend Price Hike Until It Concludes Ongoing Investigation

0

The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice Nigeria to suspend its planned price increase for DStv and GOtv subscriptions until the conclusion of an ongoing investigation.

The regulatory intervention comes as Nigerians express growing frustration over frequent price hikes by the South African pay-TV operator.

This directive follows MultiChoice’s request for an extension regarding its scheduled appearance before the FCCPC, initially set for February 27, 2025. The consumer watchdog granted the request but rescheduled the investigative hearing for March 6, 2025. The company must now appear with all relevant officers and provide a comprehensive response regarding the justification for its proposed price increase.

In the meantime, MultiChoice is required to maintain its current pricing structure.

In a statement released on Tuesday, the FCCPC made it clear that MultiChoice must refrain from implementing any price changes until the investigation is completed.

“Pursuant to this, MultiChoice is expressly instructed to maintain the existing price structure as of February 27, 2025, pending the Commission’s review and final determination on the matter,” the FCCPC stated.

The Commission emphasized that suspending the price hike is necessary to prevent consumer exploitation and ensure fairness in the pay-TV market.

MultiChoice’s History of Price Hikes and Regulatory Battles

MultiChoice Nigeria has developed a reputation for frequent price adjustments, often citing economic factors such as inflation, foreign exchange volatility, and operational costs as justification. However, each time the company announces a price increase, it faces regulatory scrutiny.

This is not the first time MultiChoice has been summoned by the FCCPC or other agencies. The company has previously faced investigations and lawsuits over pricing, with regulatory bodies accusing it of failing to offer flexible and competitive pricing models for Nigerian consumers.

However, MultiChoice has historically emerged victorious in most regulatory battles, as Nigerian laws do not impose strict price controls on private businesses. This has allowed the company to proceed with its increments after justifying them as necessary for sustainability.

Will the FCCPC Approve Another Price Increase?

Unlike previous price hikes that were eventually approved, there is no certainty that the FCCPC will allow this latest increment to proceed. A key reason is that MultiChoice already increased its subscription prices twice in 2023, first in April and then again in November. Another hike was implemented on May 1, 2024, further fueling consumer outrage.

With three price increases in less than two years, the FCCPC may take a stricter stance this time.

Breakdown of MultiChoice’s Planned Subscription Price Hike

On Monday, MultiChoice Nigeria informed its customers of yet another price increase, set to take effect from March 1, 2025. The planned increments are significant across all DStv and GOtv packages.

DStv Price Adjustments:

  • DStv Compact: N15,700 – N19,000 (25% increase)
  • DStv Compact Plus: N25,000 – N30,000 (20% increase)
  • DStv Premium: N37,000 – N44,500 (20% increase)

GOtv Price Adjustments:

  • GOtv Jinja: N3,600 – N3,900
  • GOtv Jolli: N4,850 – N5,800
  • GOtv Max: N7,200 – N8,500
  • GOtv Supa: N9,600 – N11,400
  • GOtv Supa Plus: N15,700 – N16,800

The repeated price increases have had a direct impact on MultiChoice’s subscriber base. The company reported that in just six months (April to September 2024), its Nigerian operations lost 243,000 subscribers across DStv and GOtv services.

MultiChoice attributed this decline to high inflation (over 30% as of late 2024) and rising cost of living.

These losses highlight the growing disconnect between MultiChoice’s pricing strategy and the economic reality facing Nigerian households.

“Running a Business in Nigeria Costs 30% More”: Dangote Blames Nigeria’s Industrial Woes on Unstable Electricity, Policy Inconsistencies

0

Aliko Dangote, Africa’s richest man and President of the Dangote Group, has linked Nigeria’s industrialization struggles to unstable electricity and inconsistent government policies, warning that unless these issues are tackled with urgency, Nigeria’s economic growth will remain stunted.

Speaking while hosting Zambia’s Minister of Energy, Makozo Chikote, at the Dangote Refinery in Lagos, Dangote lamented that operating a business in Nigeria is 30% more expensive than in developed countries due to unreliable power supply.

“If there’s no power, there won’t be growth. For example, anything I’m going to do abroad will cost me maybe 30% cheaper than here, because abroad is plug-and-play. You just go, no infrastructure construction. You just build a factory, and you connect to the network; that’s all,” he explained.

He cited Ethiopia as an example of how stable electricity can transform industrial operations, noting that Dangote’s most profitable cement plant is in the East African country because it enjoys consistent and affordable electricity.

“If you look at it today, I tell you that our most profitable cement factory is in Ethiopia because there’s no investment in power. They gave us power at the same rate for five years. So, we plan—it’s a one-price electricity continuously,” he stated.

Nigeria’s Electricity Tariff System Has Failed, Government Admits

Dangote’s remarks coincide with mounting concerns over the federal government’s lack of a clear strategy to fix Nigeria’s chronic power problems.

Recently, the Minister of Power, Adebayo Adelabu, admitted that the Band A electricity tariff structure is failing. Under this system implemented on April 3, 2024, by the Nigerian Electricity Regulatory Commission (NERC), customers were grouped into different bands based on the number of hours of electricity supplied per day. Band A customers, who were supposed to receive 20–24 hours of power daily, were required to pay higher tariffs, while lower bands received less power at cheaper rates.

However, the policy has proven ineffective as many Band-A customers continue to experience prolonged blackouts despite paying higher tariffs. The situation has fueled frustration among consumers and businesses, with many questioning the logic behind the model.

“The current electricity pricing system is not working as planned, and we are working on a more efficient structure,” the power minister recently admitted.

Industrialists Warn: No $1 Trillion Economy Without Stable Power

Industry leaders have long argued that if the Tinubu administration is serious about its vision of growing Nigeria into a $1 trillion economy, solving the power crisis must be a top priority.

Dangote reinforced this view by highlighting how much Nigerian businesses spend on self-generated electricity, a cost burden that makes local production far less competitive than in countries with stable power.

He also warned that inconsistent government policies discourage investment in industrialization.

“One of the problems of industrialization is inconsistencies in government policies, where, just like a footballer, you’re about to score the goal, and the government will remove the goalpost and point behind you that the goalpost is behind. So, you have to now turn. Once you turn back, you have a lot of challenges to get to that goalpost again,” he lamented.

Government Losing Billions from Industrial Failures

Beyond businesses, Dangote noted that the biggest loser when industries struggle or shut down is the government itself, as it collects significant revenue from corporate taxes.

He revealed that for every N1 generated in his cement business, 52 kobo goes to the government in taxes, including:

  • 30% corporate tax
  • 7.5% value-added tax (VAT)
  • 2% education tax
  • 1% health tax
  • 10% withholding tax on dividends paid to shareholders

“This is just for the Federal Government. When you add the state and local government taxes, the figure becomes even higher,” he added.

Dangote stressed that if businesses continue to collapse due to unreliable power and inconsistent policies, the government will suffer major revenue losses.

“When a business fails, one of the biggest losers is the government. Industrialization is key to national development, and policymakers must understand that,” he warned.

The Tinubu administration has set ambitious economic targets, including attracting foreign investment and boosting industrial output. However, with power shortages persisting and tariff policies failing, many experts doubt whether the government is prepared to address the root causes of Nigeria’s electricity crisis.

New Bitcoin Meme Coin BTC Bull (BTCBULL) Nears $3 Million Mark

0

BTC Bull—a new Bitcoin meme coin—has been in high demand since making a grand entry into the crypto town.

The project arrived on presale just two weeks ago, and is already close to hitting the $3 million mark, all thanks to its Bitcoin-driven aesthetics, mega airdrop campaigns, and valuable staking perks.

With the FOMO vibe gaining more ground even amid the multiple ups and downs in the broader market, influential YouTubers are now calling the Bitcoin meme coin the best presale investment for the next bull run.

BTC Bull Is Creating A United Front For Bitcoin

Bitcoin is currently in the worst moment of 2025, having tumbled below the $90k mark on February 25–its lowest level since November 2024. The downward movement in its price followed another wave of liquidations in the broader market, triggered by rising US-China trade tensions and macroeconomic uncertainty.

With over $1.3 billion in total crypto liquidations recorded in the last 24 hours, there are concerns that the OG crypto could continue to edge down, possibly settling between $80k and $85k in the short-term. Its fear and greed index is now pointing to 20, indicating extreme fear.

However, in spite of the downward spiral in the price of Bitcoin, it is still up 30% since the beginning of November and experts believe it is only a matter of time before it stages a comeback.

In a recent prediction, Tom Lee—an influential financial strategist—highlights Bitcoin’s potential to reach between $200k and $250k before the end of 2025, saying he does not think anyone will lose money buying Bitcoin at its current price.

In fact, Ark Invest—a popular investment management firm—in its latest report suggests that Bitcoin is still on pace to meet its 2030 targets of $1.5 million, thanks to the ongoing exploration of a strategic crypto reserve in the United States

Stepping in to help Bitcoin actualize this lofty goal is BTC Bull. While embodying the spirit of a meme coin, featuring a Bull Commando as its main mascot, its core goal is to create a united front that will push the Bitcoin price beyond $1 million.

Major aspects of the project such as tokenomics, token burns, and airdrops are all tied to how Bitcoin moves on the price charts. For instance, when Bitcoin reaches $125k, a token burn will be initiated, which could allow the BTC Bull price to also move up.

Mega BTC airdrops are also scheduled whenever the Bitcoin price hits certain milestones, especially $150k, $200k, and $250k, allowing bulls to reap the rewards of every bullish move made by the crypto king.

The allure of free BTC, coupled with its dynamic staking structure has got smart money investors gravitating toward the presale. At the time of writing, those who stake their tokens in the project’s liquidity pool will benefit from its current APY yield of approximately 150%. However, this reward rate is expected to drop as more tokens are being staked, making early participation more valuable.

Meanwhile, unlike most presales, BTC Bull has already taken drastic steps to ensure transparency and security. Its smart contract has already been audited by both Coinsult and SolidProof, which give the green light for those willing to explore the project.

BTC Bull Tokenomics

There are 21 billion BTC Bull tokens in total, strategically allocated to fuel both short and long-term growth of the project. Below is a highlight of how the allocations have been made:

  • PR and Marketing Fund – 40%
  • Bull Fund – 15%
  • Milestone Burn Fund – 15%
  • BTCBULL Airdrop – 10%
  • Staking Distribution – 10%
  • Exchange Liquidity – 10%

BTC Bull Presents An Avenue To Accumulate Bitcoin Without Buying

As earlier mentioned, BTC Bull’s major goal is to serve as a stream of Bitcoin airdrops for bulls. It has already collaborated with Best Wallet for the upcoming airdrop campaigns.

A multichain, self-custody wallet, Best Wallet supports approximately 60 different chains. This simply means BTC Bull investors will be able to receive their free BTC rewards through any of the blockchains they deem fit.

There are seven milestones highlighted by the project, out of which three BTC airdrops have been scheduled.

  • When BTC attained $100k, the BTC Bull was initiated
  • When BTC hits $125k, the first token burn will happen
  • When BTC smashes $150k, there will be a BTC airdrop
  • When BTC reaches $175k, another round of token burn will occur
  • When Bitcoin hits $200k, the second round of the airdrop will be executed
  • When BTC achieves $225k, there will be another token burn
  • When BTC reaches $250k, another airdrop will happen.

Is BTC Bull The Next 100x Play?

BTC Bull blends the quirks of meme coins with Bitcoin-driven fundamentals, and its focus on providing multiple BTC airdrops and staking perks could help it gain momentum after it lands on crypto exchanges.

BTC Bull’s community-centric posture is another reason it could be one of the best presale investments of 2025.

Already, its strategic social media engagement techniques have helped it earn more than 8k followers on X and over 1k members on its Telegram channel.

Prominent influencers have made a bullish case for the Bitcoin meme coin, with some even calling it the next 100x gem.

In fact, those who gave a more conservative prediction said it could see between 10x to 50x growth immediately after its launch.

Visit BTC Bull Presale

Will Rexas Finance (RXS) Overthrow the Reign of Solana (SOL) and Cardano (ADA)? Trader Says Sooner Than You’d Think

0

Due to their prominence in scalability and smart contracts, established networks such as Solana (SOL), Cardano (ADA), and others have dominated the market. Now, a newcomer, Rexas Finance (RXS), seems to be quickly picking up speed, with some traders believing it will eclipse these two giants sooner than expected. With the transition from basic transactions to more diverse activities, blockchains focused on real-world asset integration, decentralized finance mechanisms, and improved liquidity are becoming more valuable. While maintaining a specialized focus on tokenization, multi-chain tech, and accessibility to finances, Rexas Finance may outperform Solana and Cardano within the next few years.

Tokenization: The Game-Changer in Blockchain Investment

Rexas Finance is able to tokenize real-world assets, unlike Solana or Cardano, which have yet to embrace this feature. While these networks concentrate on dApps, NFTs, and smart contracts, Rexas is redefining the value of real estate, art, commodities, and intellectual property. Tokenization in blockchain brings memorable value and billions in undisturbed wealth. With Rexas, any investor is able to access real-world assets with income and investment value through enhancing liquidity and dissolving barriers associated with traditional investment and its rigid requirements.

The Certik audit further enhances investor confidence in Rexas Finance because such an audit guarantees that the platform operates at sophisticated security and transparency levels. The platform is also gaining attention for its $1 million giveaway, where 20 winners will be given $50,000 each worth of RXS tokens. While there is growing institutional demand for tokenized assets, Rexas Finance is seemingly at the forefront of the convergence of traditional finance and the decentralized blockchain ecosystems, something that Solana and Cardano have yet to achieve.

Multi-Chain Interoperability: The Key to a Seamless Financial Future

Unlike Solana and Cardano, which function within their own automated ecosystems, Rexas Finance incorporates multi-chain enables interoperability, which lets its users operate with Ethereum, Binance Smart Chain, and other networks. This boosts accessibility as well as liquidity, allowing users to move assets easily without being restricted to one ecosystem. Multi-chain also improves security and scalability by permitting transactions and token trading across networks without incurring significant costs, delays, or system failures. On the other hand, Solana is faced with outages and network congestion issues, while Cardano has been creeping sluggishly toward deploying critical values. Rexas Finance eliminates these concerns by ensuring smooth integration with existing blockchain infrastructure, positioning itself as a true financial gateway for global users. If interoperability becomes the defining factor for blockchain dominance, RXS may surpass SOL and ADA sooner than expected.

A Thriving DeFi and Staking Ecosystem

While Solana and Cardano both have DeFi capabilities, neither matches the comprehensive financial suite that Rexas Finance offers. RXS provides a DEX (Decentralized Exchange) and cross-chain yield aggregator with staking earning systems, giving users a chance to passively earn some funds while making the best use of their capital. The staking pool has some of the highest yields, making it possible for users looking for a better way of earning stable coin interest and compounding to earn significant returns. At the same time, Rexas Treasury – facilitates yield farming and allows users to have automated high-yield strategies while making it extremely simple compared to other protocols within traditional DeFi. On the other hand, Solana’s DeFi landscape is unstable, marked by regular liquidity busts, and Cardano is taking its time with the adoption of DeFi. Rexas Finance is not just participating in this competition; it’s dominating it with low costs and a new, ever-growing, and powerful economy in the new world of decentralized finance.

Presale Success and Market Momentum

Rexas Finance’s final presale stage has been a success, with nearly 90% of tokens sold and over $45.89 million raised. The June 19, 2025 listing date positions it for a strong market debut, with analysts predicting a significant price increase upon launch. This presale momentum reflects strong investor confidence, something both Solana and Cardano lacked during their early stages. While Solana’s early rise was driven by venture capital funding, and Cardano’s growth relied on long-term academic research, Rexas Finance is gaining traction through organic adoption and real-world applications. With a fixed launch price of $0.25, early investors could see substantial returns if demand continues to rise. As market sentiment shifts toward real-use cases over hype, RXS is well-positioned to challenge—and potentially overtake—SOL and ADA as a dominant blockchain player.

Conclusion

The blockchain race is far from over, and while Solana and Cardano have enjoyed years of dominance, Rexas Finance is proving to be a serious contender. By combining tokenized assets, multi-chain interoperability, DeFi innovations, and strong market momentum, RXS is setting the stage for long-term growth and mainstream adoption. Unlike its competitors, which focus primarily on NFTs and smart contracts, Rexas Finance is building a more inclusive, investment-friendly ecosystem that could redefine blockchain utility. If trends continue, RXS could soon become the go-to platform for financial decentralization—overtaking Solana and Cardano much sooner than expected.

 

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance