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Tekedia Capital congratulates Lingo.dev team for $4.2M Fundraise

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Tekedia Capital congratulates the Lingo.dev team, led by Max Prilutskiy, for a $4.2 million seed round. Lingo is building the world’s finest AI localization engine, and the mission is clear: “Overall, the [goal] with Lingo.dev is to eliminate friction from localization so thoroughly, that it becomes an infrastructure layer and natural part of the tech stack…Similar to how Stripe eliminated friction from online payments so effectively that it became a core developer toolkit for payments.”

Max, you used the word “humbled” on announcing your fundraise, I can share that your simplicity and humility were infectious when we spoke. Go and advance AI, and I am confident that the market will reward Lingo. Congrats; Tekedia Capital is excited to be part of your mission.

Developers: use this code LINGODOTDEV1000 for $1,000 credit.  If you have traction, let us know, and we will see how to support more. This is the Stripe for AI localization and they have baked many engines in the stack.

Nigeria’s Treasury Bills Auction Records N2.41tn Amid Declining Stop Rates and Shifting Investor Sentiment

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Nigeria’s latest treasury bills auction, conducted by the Central Bank of Nigeria (CBN) on February 19, 2025, witnessed significant investor interest, with total subscriptions reaching N2.41 trillion across the three offered tenors.

However, this represents a decline from the N3.22 trillion recorded in the previous auction held on February 5, 2025.

Despite the lower overall demand, the CBN increased allotments across the tenors, particularly for the 364-day bills, while stop rates edged lower across all maturities. The drop in stop rates underscores a change in investor sentiment, suggesting that market participants are adjusting their expectations on yields, inflation, and monetary policy outlook. Analysts believe this shift could have broader implications for Nigeria’s fixed-income market.

Investor Demand and Auction Breakdown

The auction results showed varying levels of demand across different treasury bill tenors. The 91-day bills had an offer size of N80 billion but attracted subscriptions totaling N62.14 billion, lower than the amount initially offered. The CBN eventually allotted N34.77 billion at a stop rate of 17%, reflecting lower investor demand for short-term securities. Bids for this tenor ranged from 16% to 25%, indicating that investors remained competitive in securing short-term yields.

For the 182-day tenor, the offer size was N120 billion, with total subscriptions amounting to N49.88 billion. The CBN allotted N34.98 billion at a stop rate of 18%, with bid rates spanning from 17.24% to 22.5%, showing relatively tight competition among investors.

The most significant investor activity was recorded in the 364-day bills, which had an offer size of N500 billion but attracted a massive N2.3 trillion in subscriptions. This was, however, a substantial decline from the N3.16 trillion recorded in the February 5 auction. Despite the lower demand, the CBN increased its allotment for this tenor, issuing N704.38 billion, compared to N619.36 billion in the previous auction. The stop rate for the 364-day bills settled at 18.43%, with bid rates ranging from 16.5% to 25%, suggesting intense competition among institutional investors seeking higher returns.

While demand for short-term government securities remained robust, particularly for the 91-day and 182-day tenors, a notable shift was observed in investor strategy. The 91-day bills saw subscriptions rise from N42.37 billion in the previous auction to N62.14 billion, while 182-day bill subscriptions surged from N19.52 billion to N49.88 billion. This increase in demand for shorter tenors reflects a liquidity-driven investment strategy, with investors preferring safer, short-term placements amid evolving macroeconomic conditions.

Conversely, demand for the 364-day bills declined significantly, suggesting a shift in market expectations. The drop in subscriptions from N3.16 trillion to N2.3 trillion indicates that investors may be reassessing inflationary risks, monetary policy direction, and alternative investment opportunities. The CBN’s decision to increase the allotment for this tenor despite weaker demand suggests that the apex bank is attempting to manage market liquidity while maintaining investor confidence in longer-term instruments.

Declining Stop Rates As A Sign of Changing Yield Expectations

One of the most significant takeaways from the auction was the decline in stop rates across all three tenors. Investors appeared willing to accept slightly lower yields, denoting a possible shift in expectations regarding future interest rates and inflation.

The 91-day bills cleared at a stop rate of 17%, down from 18% in the previous auction. The 182-day bills settled at 18%, lower than the 18.5% recorded earlier in the month. The most substantial shift was observed in the 364-day bills, where the stop rate dropped to 18.43% from 20% on February 5.

The lower yields indicate increasing competition among investors, particularly as market liquidity remains strong. The reduction in stop rates may indicate that investors anticipate a more stable interest rate environment, prompting them to lock in returns at the current levels rather than wait for potential future increases. The maturity dates for successful bids are set for May 22, 2025 (91-day tenor), August 21, 2025 (182-day tenor), and February 19, 2026 (364-day tenor), offering investors different durations for liquidity management and strategic investment planning.

What This Means for Nigeria’s Fixed-Income Market

The decline in yields aligns with broader trends in the Nigerian fixed-income market, where rates have begun to show signs of moderation. Analysts suggest that the drop in stop rates could be linked to the CBN’s efforts to manage inflationary pressures, as lower treasury bill rates reduce the government’s borrowing costs while maintaining market liquidity at stable levels.

However, the narrowing spread between bid rates and final stop rates indicates a level of caution among investors, particularly when it comes to longer-duration securities. While high demand for the 364-day bills suggests that investors are still looking for higher returns amid economic uncertainties, the declining level of subscriptions reflects a more cautious approach as investors weigh Nigeria’s broader macroeconomic risks.

Foreign investors, who play a critical role in Nigeria’s fixed-income market, are likely to remain attentive to yield movements. A sustained drop in treasury bill rates could potentially dampen foreign interest in Nigerian debt instruments, as investors might seek more attractive yields in other emerging markets.

CBN’s Liquidity Management Strategy

The CBN’s decision to increase allotments despite lower overall demand is seen as a carefully calibrated liquidity management strategy. The apex bank appears to be balancing the need for liquidity absorption with the goal of keeping yields attractive enough to sustain investor confidence by issuing a larger amount of 364-day bills.

Market analysts believe that future treasury bill auctions could see further moderation in yields, especially if inflation begins to stabilize and liquidity remains abundant. However, if inflationary pressures persist or global interest rates shift significantly, investor demand for higher returns could push yields upward once again.

Why Your Phone Freaks Out About Storage and How to Deal With It 

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When your phone starts running low on storage, it panics and sends alerts like, “Low storage space! Some system features may not work!” To avoid these scary messages and enjoy all the benefits of your phone, including taking pictures or gambling at Slotsgem, you should clean and optimize your phone’s memory regularly.

Let’s explore how to clean up your Android or iOS device and speed up its performance.

Types of Memory in Your Phone

There are 3 types of memory:

  1. RAM (Random Access Memory): The more RAM your phone has, the better it performs. Modern phones come with 4 to 12 GB of RAM. 6-8 GB is enough for smooth multitasking, gaming, and app switching.
  2. Internal Storage: This is where all your data—photos, files, apps, and system data—is stored. Internal storage ranges from 4 GB to 1 TB, with 128–256 GB being optimal for most users.
  3. Expandable Storage: This refers to memory cards (like microSDHC or microSD) that can increase your phone’s storage capacity. These cards can hold up to 1 TB, depending on your phone’s model.

What Happens When Your Phone Runs Out of Memory?

If you don’t clean up your phone’s RAM and internal storage, you’ll face:

  • Slow Performance: Apps will take longer to open, and multitasking will become impossible.
  • Frequent Crashes: Even if you don’t create new files, system junk from apps will clog your memory, causing your phone to freeze.
  • No Space for New Files: You won’t be able to save memes or take photos of that adorable sleeping dog.
  • Overheating: While low memory isn’t the main cause, modern phones tend to heat up during heavy use.

How to Check Memory Status on Android and iOS

If your phone is critically low on memory, it will notify you to clean it up.

For Android:

  1. Go to Settings.
  2. Tap “About Phone.”
  3. Check the memory details.

 

For iOS:

  1. Go to Settings.
  2. Tap “General.”
  3. Select “iPhone Storage” to see memory usage.

How to Free Up RAM on Your Phone

For Android:

  1. Restart your phone to close background processes and clear app cache.
  2. Use the “Security” app > Tap “Optimize” > Select “Boost” to close all apps and background processes.

 

For iPhone:

  1. Restart your phone.
  2. On iPhone 12 and newer: Go to Settings > Accessibility > Touch > Enable AssistiveTouch > Press and hold the virtual Home button.
  3. On iPhone X to 11: Go to Settings > General > Accessibility > Enable AssistiveTouch > Quick Commands > Press Volume Up, Volume Down, and Power buttons > Hold the virtual Home button.
  4. On older iPhones with a physical Home button: Unlock your phone > Press and hold the Home button > Tap “Clear.”

How to Free Up Internal Storage

  1. Delete Files from Messaging Apps: Apps like WhatsApp and Viber automatically save photos and videos. Delete them from your gallery or file manager.
  2. Clear App Cache:
    • On iPhone: Go to Settings > General > iPhone Storage > Clear cache for specific apps.
    • On Android: Go to Settings > Apps > Select “All Apps” > Clear cache.
  3. Clear Browser Cache:
    • On iPhone: Go to Settings > Safari > Clear History and Website Data.
    • On Android: Open Chrome > Tap the three dots > Select “Clear Browsing Data.”
  4. Clean Up Your Gallery and Trash: Delete unnecessary photos, videos, and duplicates. Don’t forget to empty the trash bin, where deleted files stay for 30 days.
  5. Remove Unused Apps: Apps you rarely use take up both internal and RAM space. Deleting them can speed up your phone.
  6. Delete Unnecessary Files and Documents: Clear out old PDFs, presentations, and other files stored in your documents folder.
  7. Factory Reset Your Phone: If nothing else works, reset your phone to its factory settings. This will erase all data and apps, returning your phone to its original state.
    • On Android: Go to Settings > About Phone or System > Reset > Erase All Data.
    • On iPhone: Go to Settings > General > Transfer or Reset iPhone > Erase All Content and Settings.

Folders You Should Never Delete

Neither Android nor iOS will let you delete critical system files. If you somehow manage to delete them (e.g., due to a virus), apps may become unstable, but nothing catastrophic will happen.

How to Protect Your Data While Cleaning Your Phone

Use built-in system tools for cleaning and avoid third-party apps that promise quick fixes. These apps often come with ads that clog your phone further and may introduce viruses.

How to Optimize Your Phone’s Memory

  1. Use Lite Versions of Apps: Lite apps take up less space and use fewer resources. For example, Pinterest Lite is 1.6 MB, while the full version is 133 MB.
  2. Use Cloud Storage: Services like iCloud, Google Drive, or Dropbox let you store files online and free up phone space.
  3. Set File Expiration Dates: Some apps, like messaging apps, can automatically delete files after a set period.
  4. Turn Off Auto-Updates: New app versions often take up more space. Manually update apps only when needed.
  5. Offload Apps (iOS Only): Go to Settings > App Store > Enable “Offload Unused Apps.” This removes apps you rarely use but keeps their data and icons.
  6. Use a Memory Card: Expand your storage with a microSD card (up to 1 TB, depending on your phone).

How Often Should You Clean Your Phone?

Clean your phone as soon as you notice storage filling up. Focus on the most cluttered areas:

  • Messaging Apps: Delete spam and unnecessary files or enable auto-delete.
  • Browsers: Close unused tabs and clear cache regularly.
  • Gallery: Delete unwanted photos and videos, and empty the trash bin.

By cleaning these areas regularly, you’ll keep your phone running smoothly.

The Ultimate Guide to Setting Up Your New iPhone

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The crash in iPhone sales is changing Apple business model

The first thing to do after buying a new iPhone is to turn it on and set it up, activating essential features. Only after that, you can start chatting with friends, play at Slotsgem, and enjoy other cool features. Here’s how to set up your iPhone from scratch and where to start.

Turn On Your iPhone

It all begins with powering on the device. Locate the side button on your iPhone and hold it down. Keep holding until the Apple logo appears on the screen. Next, you’ll see a welcome message in different languages and a prompt to set up the device.

Choose your language and region, allow data usage, and complete other standard settings. The next crucial step involves your Apple ID.

How to Quickly Set Up a New iPhone If It’s Not Your First

If you’ve already used Apple devices and have an Apple ID, activating your new iPhone will be a breeze. Use the “Quick Start” feature, which allows you to transfer all your data to the new smartphone so you can start using it right away. Just make sure both devices are with you.

Here’s how it works:

  1. Ensure Bluetooth and Wi-Fi are enabled on your old phone.
  2. Turn on your new iPhone and place it near the old device.
  3. Instructions will appear on the new iPhone’s screen—follow the setup prompts. If they disappear, restart both phones.
  4. After completing the steps, enable mobile data or Wi-Fi on the newly activated iPhone.
  5. Next, set up Face ID or Touch ID.
  6. Finally, choose how to transfer your data. You can do it directly from the old device, but you’ll need to wait for the process to finish before using the new phone. Alternatively, transfer data via an iCloud backup, which runs in the background.

In both cases, keep the devices close until the transfer is complete. The time it takes depends on the total amount of data.

Creating an Apple ID for First-Time Apple Users

If you’ve never owned an Apple device before, you’ll need to create an Apple ID. This account is essential for all major iPhone functions, like purchasing and downloading apps and games. When you get other Apple devices like an iPad, MacBook, Apple Watch, or AirPods, they’ll all be linked through your Apple ID, creating a seamless ecosystem. Start a task on your iPhone and finish it on your tablet or laptop. If one device is lost or damaged, your data remains safe on another device with the same Apple ID.

Creating an account is straightforward:

  1. When prompted to enter an Apple ID, click “Forgot Apple ID or Password?”
  2. Select “Create a Free Apple ID.”
  3. Enter your name and date of birth, then tap “Continue.”
  4. Provide an email address for your account.
  5. Verify your email, create a password, select your region, enable two-factor authentication, and follow the on-screen instructions.

If you want to create the account later, you can skip this step and return to it via “Settings” when needed.

How to Create an iCloud Account on iPhone

iCloud is a cloud storage service that helps you save important documents and media files. You can access it from any Apple device or through the website icloud.com. You can even share access with friends or family so they can view your files.

Here’s how to create a new iCloud account:

  1. Go to “Settings” and tap your name at the top of the screen.
  2. If your name isn’t displayed, tap “Sign In” and enter your Apple ID and password.
  3. Select “iCloud Mail” or “Mail” and follow the system’s instructions.
    That’s it! You’ve completed the initial setup of your smartphone.

Essential Features and Settings

These are must-haves for everyday use:

  • Setting a Passcode: Go to “Settings,” select “Face ID & Passcode” or “Touch ID & Passcode,” depending on your preferred authentication method.
  • Updating iOS: Navigate to “Settings” > “General” > “Software Update” and check if your iOS is up to date.
  • Social Media, Messaging Apps, and Essential Tools: Think about which apps you’ll use and download them from the App Store. Don’t forget games if you’re into them.
  • Quick Access via Control Center: Swipe down from the top-right corner of the screen (for iOS 18). For older versions, go to “Settings” > “Control Center.”
  • Do Not Disturb and Focus Modes: Activate these to silence notifications during specific times, helping you focus or relax. Go to “Settings” > “Focus” and choose “Do Not Disturb,” “Driving,” or another mode.
  • Setting Up Siri: Find this option in “Settings.”

Features to Enable in Case Your iPhone Goes Missing

If you lose your iPhone or it gets stolen, you can locate it on iCloud.com/find (you’ll need your Apple ID and password). Alternatively, use the “Find My” app. To ensure the lost device’s location appears on your Mac or iPad, enable the “Find My iPhone” feature. Set this up right after purchase for your safety.

  1. In “Settings,” tap your name.
  2. Select “Find My,” then “Find My iPhone,” and toggle the switch (it will turn green). Now your device can be tracked if lost or stolen.
    If you don’t have other Apple devices, you can use the Find My service or a friend’s smartphone by adding them as a trusted contact. Here’s how:
  3. Go to “Settings,” then your Apple ID.
  4. Select “Sign-In & Security,” then “Account Recovery.”
  5. Tap “Add Contact.”

If you forget your phone somewhere, lose it, or it gets stolen, its location can easily be tracked through the trusted contact.

Reels of Wealth Slot: How to make a fortune on spinning reels

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Oh, how many people dream of getting lucky one day and plucking a huge score in a slot. Reels of Wealth Slot is one such machine that promises mountains of gold. Of course, you should not think that he just gives out money like that. But if you approach the game wisely, the chances of winning become much higher. This slot attracts attention for a reason – it combines not only an exciting process, but also quite real opportunities for decent payouts. And if you’re lucky, you can go out with a lot of money in your pocket.

To begin with, it is worth understanding that Reels of Wealth is not just a slot, but a whole fascinating story with the theme of luxury. It’s full of different symbols that beckon for big wins. But, of course, as in any game, it’s important to figure out what’s what. There are wild symbols, bonus rounds, as well as special chips that can become a real trump card on the way to success. The main thing is not to forget about the strategy and hit the stop in time not to miss the chance to win.

So, how to start playing to not just spend money, but to earn? It’s simple: start with small bets, study how the slot works, and gradually increase the bets when you are sure that you are set on luck. This allows you to reduce the risks and at the same time gives you a chance to feel how exactly “works” this slot. Besides, winnings are different, and they depend not only on luck, but also on the right approach.

Game theme and features of the slot

If you could choose one theme for the perfect slot, for many it would be luxury and wealth. So, that is exactly what Reels of Wealth Slot is inspired by . The game features many symbols that are associated with money, from gold coins to fancy cars. All this creates an atmosphere where you feel a bit like a hero of a movie about millionaires. There are velvet carpets, jewelry, and of course, lots of cash.

An important element is the bonus game, which can bring significant winnings. This is where the biggest sums are hidden. To get into the bonus round, you need to collect certain combinations of symbols. And here begins the most interesting: bonus rounds in this slot is so exciting that sometimes you even want to stay in the game. This process can be watched for hours.

Well, now about the most delicious moments – the payouts. Many people are looking for a game where you can hit the jackpot, and Reels of Wealth Slot is just perfect for those who believe in luck. Big wins do happen here, but it requires not only patience, but also the ability to stop in time. It is important to remember that the higher the bet, the higher the risk, but the opportunity for big wins also increases.

How to choose the right strategy

Strategy is what can really make the game exciting and profitable. And, importantly, it will help you avoid unnecessary losses. Let’s start with the fact that you don’t need to bet a lot of money at once. It is better to start with small bets and gradually increase them as you master the game. This way it will be easier to understand when you can relax and when you should be careful.

In addition, it is important to understand how the payout system works. To do this, you need to keep a closer eye on what symbols most often appear on the screens. Some players believe that if the slot does not give a win for a long time, it is a sign that you need to increase the bets. But it is important not to overdo it, otherwise you can lose everything on one bad spin.

Another part of the strategy is to participate in bonus rounds. Most often it is they give the largest payouts. Knowing how to activate the bonus, you can set up in advance to try to win big. But, again, you need to approach wisely: sometimes it is better not to risk extra money to avoid losses.

Advantages and disadvantages of the slot

Of course, Reels of Wealth is not a perfect slot. Like any game, it has its pros and cons. Let’s start with the good: this slot attracts with its theme of luxury, and even if the money doesn’t come down, the atmosphere of the game is still pleasing. Also, the bonus rounds are always a good opportunity to increase your winnings, especially if you manage to hit the big jackpot.

But, as with any game, there is a dark side. Reels of Wealth Slot can be quite “greedy” for payouts, especially if you play with high stakes. Sometimes, despite the beautiful picture and tempting bonuses, you can lose all the money without getting anything significant. But this is no reason to panic. It is important to always remember that games of this kind – this is not a way to earn money, but entertainment.

One more thing: the slot may seem a bit monotonous. Yes, it has bonus rounds and interesting symbols, but perhaps those who are used to more dynamic games, Reels of Wealth will seem a little slow. But for fans of the classic slot it is rather a plus – you won’t have to constantly watch every movement of the reels.

What to remember when playing Reels of Wealth

The main thing to remember when playing Reels of Wealth Slot is not to forget about controlling your bankroll. The game can be addictive and sometimes players lose control, continuing to bet money even when they don’t want to risk it. It’s important to stop in time and realize when it’s time to take a break.

Don’t forget that Reels of Wealth is not only a chance to earn money, but also great fun. And even if you are not lucky enough to get a big payout, you can get a lot of pleasure from the process. So play wisely, do not rush and do not forget that the main thing is not only the winnings, but also the process of the game.

So, if you want to try something new and feel like a real rich man, Reels of Wealth Slot is a great opportunity for this. The main thing is not to forget about the strategy, manage your bets and enjoy every spin of the reels.