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Nigeria Announces Plans for General Multipurpose National Identity Card (GMPC) to Replace Multiple IDs

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National ID Card, Nigeria

The National Orientation Agency (NOA) has unveiled plans for the General Multipurpose National Identity Card (GMPC), promising a streamlined solution for identification and service access.

The GMPC is designed to consolidate multiple identification cards into one, simplifying access to government services, financial transactions, and travel-related needs. NOA emphasized the card’s role in easing the burden of carrying multiple forms of identification, describing it as a step toward modernizing Nigeria’s identity management systems.

In a statement on Sunday, the agency explained: “The GMPC will serve multiple purposes, combining several existing cards into one. This new card will eliminate the need for citizens to carry multiple forms of identification, making it more convenient for everyday use.”

However, the announcement has been met with mixed reactions, as many Nigerians are skeptical about the initiative’s potential to deliver meaningful change.

While the initiative is being positioned as a landmark achievement, many Nigerians are not overly excited, citing past experiences with similar programs that failed to live up to expectations. The rollout of national identity cards in Nigeria has a long history of lofty promises, with little to show for the billions of naira spent over the years.

President Goodluck Jonathan launched a new national identity card on August 28, 2014, to replace the earlier version introduced in 2003 under President Olusegun Obasanjo. The 2014 initiative, a collaboration between the Nigerian Identity Management Commission (NIMC) and MasterCard, was touted as a revolutionary solution for identification and financial inclusion. Despite the grand launch, the system failed to gain widespread adoption, with many citizens unable to access the card or its promised benefits.

For many Nigerians, this latest effort to introduce the GMPC feels like déjà vu. Many believe that each new administration presents a different version of the national ID card, often abandoning the previous system, rendering earlier investments wasted.

Expressing their frustration, many have asked: Every new government wants to start a fresh ID card project. Why can’t we improve on what we already have instead of spending billions on the same thing every few years?

Others have also raised concerns about the likelihood of this program being sustained beyond the current administration. Given Nigeria’s history of abrupt policy changes, many fear that a future government could discard the GMPC, just as previous systems were phased out. This lack of continuity often leads to wasted resources and public disenchantment.

The financial burden of launching a new identity card system is another contentious issue. It is believed that funds allocated to the GMPC could be better spent on pressing national concerns such as education, healthcare, and infrastructure.

Additionally, challenges related to accessibility and implementation remain unresolved. In rural areas, many citizens lack access to the National Identification Number (NIN), a prerequisite for obtaining the GMPC. Past initiatives have often struggled with logistical bottlenecks, raising questions about the feasibility of delivering the GMPC to every Nigerian.

While the NOA has positioned the GMPC as a game-changer, public perception paints a different picture. For many Nigerians, the initiative appears to be another expensive exercise with little guarantee of success.

However, the NOA insists that the GMPC will improve access to financial services and government programs, reduce reliance on foreign payment systems through the AFRIGO card scheme, and bolster national security. Applications for the GMPC can be made through NIMC offices, participating banks, or online, with card issuance managed by applicants’ banks.

The NOA emphasized that transparency will be a cornerstone of the program, promising to publish weekly updates on issuance and utilization.

PiggyVest Surpassed N2 Trillion in Payouts as Economic Challenges Reshaped Savings in 2024

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Piggybank for saving has enslaved many to online lenders

Nigeria’s largest online savings & investing platform Piggyvest, has announced a major milestone of surpassing N2 trillion in total payouts to users since its inception in 2016.

The company announced that 2024 was a year of growth, that saw N835 billion paid out to users, on an average of N44,000 saved.

Speaking on this milestone, the company’s CEO and Co-founder Somto Ifezue described the year 2024 as a very profitable year.

In his words,

“2024 was an amazing year. It was our most profitable year, one of the years we achieved the most growth, and our most focused year as a company. It was also a year that tested our resolve in the face of economic challenges, but we remained steadfast and continued to deliver value to our users”.

Across Piggyvest, Piggyvest business, and Pocket App, Piggytech processed over N2 trillion. Ifezue links the growth to focusing on customer service and meeting user needs. “We adjusted our interest rates to align with market trends and worked diligently to offer our users even greater value for every naira. Every milestone stems directly from our focus on serving our users better,” he said. 

Key Milestones Achieved by Piggyvest in 2024

The company’s achievements in 2024 were beyond crossing the N2 trillion payout milestone. Highlights from its year-in-review include:

  • Surpassed 5.5 million users on Piggyvest.
  • Recorded 76% AUM growth.
  • Over 8.2 million users across all its products.
  • Over N835 billion was paid out, up from N545 billion in 2023.
  • Recorded over N1 trillion transaction volume on pocket app, up from N760 billion in 2024.
  • Named among the world’s Top 250 fintech companies by CNBC.
  • N334 billion transaction volume on Piggyvest business in 2024, up from N282 billion in 2023.

Amidst Nigeria’s economic challenge, by the end of 2024, Piggyvest users were reportedly saving and investing at the rate of N44,000 every second. This comes as several challenges which include the high cost of living and an increase in the cost of food price, amongst others, reshaped their savings. It is understood that economic devaluation towards the end of 2023 significantly impacted the Nigerian economy. Inflation rose to 32.1%, levels not seen in almost 20 years.

Many have complained that their salaries no longer last until the end of the month. Recall that Piggyvest in its 2024 savings report, revealed that over 37% of Nigerians earn below N100,000 monthly, highlighting the low earning power affecting a significant number of the population. When asked about their saving habits, 57% of respondents indicated that they save a portion of their monthly income. This group is comprised of 47% who save consistently every month and 10% who only save occasionally.

This marked a concerning decline when compared to the PiggyVest Savings Report 2023, where 64% of Nigerians reported having a savings habit. Despite these financial pressures, almost 1 in 10 Nigerians now have emergency savings, demonstrating resilience and an increased commitment to financial preparedness even as fewer Nigerians are able to maintain consistent savings habits.

In a bid to help users manage their day-to-day expenses and ensure that their salary lasts until the next payday, the CEO Ifezue, announced that Piggyvest plans to introduce a new feature on the app in 2025. This feature is designed to help users better manage their day-to-day expenses and ensure their salaries last until the next payday.

Piggyvest’s growing user base and record-breaking payouts underscore the resilience of Nigerians in their quest for financial security. With new tools and features on the horizon, the platform aims to further support its users in navigating an increasingly challenging economic landscape.

Trump’s Second Coming: A Dramatic Policy Shift from Leftist Ideals

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President Donald Trump’s return to the Oval Office has been anything but conventional, marked by an aggressive push to reverse the policies of his predecessor, Joe Biden.

Within hours of his inauguration on Monday, Trump signed a sweeping array of executive orders and initiated personnel changes that signal a stark departure from the progressive ideals championed by the previous administration.

A Blitz of Executive Actions

In just his first 24 hours, Trump about 100 executive actions, overturning several landmark Biden-era policies. These actions span a wide range of issues, including climate change, energy production, immigration, and foreign relations.

Trump has also made 115 personnel decisions, replacing key officials across government agencies with individuals aligned with his agenda. These orders reflect his bold commitment to dismantling key aspects of the Biden administration’s legacy and charting a new path for the United States. Here’s a detailed breakdown of the most significant actions taken so far:

1. Withdrawing from the Paris Agreement: Effective immediately, the U.S. has exited the Paris Climate Accord. Trump justified the decision by stating that the agreement unfairly disadvantaged American workers and industries while providing little tangible environmental benefit. He pledged to focus on domestic energy policies that prioritize economic growth over international commitments.

2. Emergency Price Relief: In an effort to address inflation and rising costs, Trump ordered all executive departments and agencies to deliver emergency price relief to the American people. The directive emphasizes increasing the prosperity of American workers while adhering to applicable laws.

3. Temporary Hiring Freeze: Trump imposed a temporary hiring freeze across the federal government until his administration is fully operational. Additionally, within 90 days, the Office of Management and Budget (OMB), in consultation with other federal offices, must submit a plan to reduce the federal workforce through efficiency improvements and attrition.

4. Regulatory Freeze: Trump issued a sweeping halt to all pending regulations, stating that no department or agency may propose or issue any new rules until they are reviewed and approved by a presidentially appointed agency head. This move is intended to reduce bureaucratic red tape and streamline governance.

5. Return to In-Person Work: Federal agencies must terminate remote work arrangements and require employees to return to full-time, in-person work at their duty stations. Agency heads are permitted to grant exemptions when necessary. Trump framed this as a step toward restoring normalcy and efficiency in government operations.

6. End the Weaponization of Government: The Attorney General has been tasked with reviewing the enforcement activities of all federal agencies to ensure that they are free from partisan bias. This initiative aims to rebuild public trust in federal institutions.

7. Restoring Freedom of Speech: Trump emphasized his commitment to protecting constitutionally guaranteed free speech. He stated that federal policies must uphold the right of Americans to express their views without fear of censorship or retaliation.

8. Rescinding Biden Executive Orders: Trump nullified 78 executive orders issued during Joe Biden’s presidency. While details of the revoked orders were not specified, the move signals a broad rejection of Biden-era priorities.

9. Pardons Related to January 6th: Trump granted unconditional pardons to individuals convicted of offenses related to the January 6th Capitol events. Critics argue this could undermine accountability, while supporters view it as a step toward reconciliation.

10. Extending the TikTok Deadline: Trump ordered the Attorney General to delay enforcement actions against TikTok for 75 days to allow his administration to determine the best course of action regarding the app’s operations in the U.S.

11. Withdrawal from the World Health Organization (WHO): Citing concerns about transparency and effectiveness, Trump ordered the U.S. to withdraw from the WHO, a move he had previously initiated during his first term.

12. Restoring Accountability: Federal employees in politically sensitive roles must implement administration policies without expressing personal or political opposition. Failure to comply will be grounds for dismissal.

13. Election Interference Accountability: Trump revoked security clearances for 51 former intelligence officials, including John Bolton, who allegedly spread misinformation about Hunter Biden’s laptop during the 2020 election. This order aims to prevent the Intelligence Community from engaging in partisan politics.

14. National Emergency at the Border: Trump declared a national emergency at the southern border, authorizing the use of military personnel, including the National Guard, to assist the Department of Homeland Security in achieving full operational control.

15. Resolving Security Clearance Backlogs: To address delays in security clearance processing, Trump ordered expedited reviews for individuals awaiting access to critical facilities and information.

16. Trade Policy Reforms: Trump directed the investigation of an External Revenue Service (ERS) to streamline tariff and trade-related revenue collection. He framed this as a step toward addressing unfair trade practices.

17. Energy Independence: Trump reignited his push for energy exploration on federal lands and offshore areas, calling for abundant and reliable energy supplies. He also rescinded mandates promoting electric vehicle (EV) adoption, emphasizing the need for public input and scientific analysis in energy policy decisions.

18. Refugee Admissions Overhaul: Trump tightened refugee admission criteria, requiring applicants to demonstrate their ability to fully assimilate into American society. He also emphasized preserving taxpayer resources for U.S. citizens.

19. Restrictive Citizenship Policy: New restrictions on citizenship documentation were introduced, primarily targeting children born to non-citizen parents in certain circumstances. This policy aligns with Trump’s broader efforts to limit birthright citizenship.

20. Water Resource Redistribution: Trump ordered increased water transfers from the Sacramento-San Joaquin Delta to areas in California suffering from water shortages, prioritizing human needs over environmental conservation.

21. Restoring the Death Penalty: The Attorney General has been instructed to seek the death penalty for severe crimes. Trump cited this as a necessary deterrent for heinous offenses.

22. Architectural Reform: Federal buildings must reflect traditional and classical architectural styles. Agencies have 60 days to submit recommendations for implementing this policy, aimed at beautifying public spaces.

23. Border Security Enhancements: Trump reaffirmed his commitment to securing the U.S.-Mexico border, including resuming construction of the border wall and expediting deportations of undocumented immigrants.

24. Accountability in Military Operations: The Armed Forces have been directed to prioritize protecting U.S. sovereignty and territorial integrity, particularly along national borders.

Trump’s early actions underscore his determination to reshape the federal government and its policies in line with his vision of “America First.” While supporters hail his decisiveness, critics warn of potential overreach and deepening divisions. The coming months and years will determine the long-term impact of these sweeping reforms.

Is Rexas Finance (RXS) a Good Investment? Here’s What Puts It Ahead of Solana, XRP and Cardano in 2025

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Rising among the most exciting initiatives in the crypto ecosystem, Rexas Finance (RXS) draws analysts’ and investors’ immediate interest. Rexas Finance could surpass popular cryptocurrencies such as Solana, XRP, and Cardano in 2025 with its creative approach to blockchain technology and outstanding presale performance. What, though, distinguishes Rexas Finance specifically? Let’s examine the special qualities of the enterprise and its possibility for explosive expansion.

Rexas Finance’s Early Success and Unique Ecosystem

Rexas Finance’s presale began in September 2024 at just $0.030 per RXS token. Since then, the token’s value has jumped 483% to $0.175. Rexas Finance has shown its capacity to pique investor interest, with over 404,246,686 tokens traded and $37,368,570 raised. The creative ecosystem of Rexas Finance appeals mostly to them. By linking actual assets, including real estate, gold, and collectibles, to the blockchain, the project seeks to transform our perspective on asset ownership. This creates new opportunities for investors by opening worldwide ownership and trading possibilities.

Innovative Tools and Features Driving Growth

The success of Rexas Finance is related to its presale performance and creative tools, which are meant to democratize digital asset production and increase blockchain technology availability. The Rexas Token Builder lets users at all technical levels quickly design their tokens. The QuickMint Bot streamlines the process further by allowing flawless token distribution over well-known channels like Telegram and Discord. Rexas Finance’s first concern is security; hence, the project has included cutting-edge artificial intelligence-powered protection using the Rexas AI Shield to guard smart contracts against possible weaknesses. The Rexas Treasury also makes the best use of multi-chain yield farming to guarantee maximum returns for investors and reduce risks. Besides encouraging community involvement, the Rexas Launchpad provides a strong venue for blockchain initiatives to gather money.

Rexas Finance’s Road Ahead: Major Exchange Listings and Growth Potential

The success of Rexas Finance’s presale is only a starting point. The project is getting ready for its next significant turning point: listing on main markets. These listings generate awareness and liquidity, therefore stimulating future price increases. With the price reaching $40.75 by the end of 2025, analysts have estimated Rexas Finance may experience a 40,000% rise. Rexas Finance is unique among projects in that it is community-driven. Unlike many projects mostly dependent on venture capital financing, Rexas Finance prioritizes personal investment and matches its objectives with its supporters. The continuous $1 million RXS token giveaway, whereby 20 winners each receive $50,000 worth of RXS tokens, further creates buzz and raises investor interest. Given the over 813,000 registered entries, Rexas Finance is becoming rather popular.

Rexas Finance vs. Solana, XRP, and Cardano in 2025

Many investors are still clinging to tokens such as Solana, XRP, and Cardano, even while Rexas Finance waves in the crypto market. For instance, Solana’s price rose from under $10 in early 2023 to over $100 by the end of that year. Currently selling at $203.27, its price has somewhat declined; nonetheless, analysts estimate it might reach a fresh all-time high of $275 in 2025. With a 16% year-to-date gain, XRP has also started 2025 strongly.

With a projected return of 104% for investors, XRP trading at $2.28 should hit $5 by the end of the year. Cardano has come into the limelight alongside his current trading price of $1.005, which recently grew by 22.02%, putting behind the analyst’s estimate that Cardano may soar to $2.42 by 2025 with a 170% increase from the present price. However, Rexas Finance distinguishes itself from these existing currencies with its early presale success and revolutionary approach to tokenizing real-world assets. Its creative technologies and community-driven approach offer a special value proposition that might help it eventually outperform Solana, XRP, and Cardano.

Conclusion: Why Rexas Finance Could Be the Best Investment for 2025

With its outstanding presale performance, creative ecosystem, and community-driven strategy, Rexas Finance presents quite an interesting investment possibility for 2025. While Solana, XRP, and Cardano have become well-known in the crypto market, Rexas Finance presents a novel way to create and hold digital assets that can upset the market. Rexas Finance should be watched by investors searching for the next great chance in cryptocurrencies as the project gets ready for significant exchange listings and ongoing expansion. Rexas Finance may beat its rivals in 2025, given its capacity for large returns and ability to carve out a special position in the market.

 

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

Review on the Most Interesting Features of Melbet App in Nigeria

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Nigerian consumers usually use smartphones and tablets to play in the Melbet app. They definitely choose this bookmaker for the big choice of events, live betting options, various payment methods, and cool welcome bonuses. A 100% welcome bonus for sports betting up to 1,500 AED is among the promotions for new players who sign up in the Melbet app Nigeria.

Melbet App Features

Melbet app works the best on Android and iOS devices. Find the App button at the header of the site and install it. When you download Melbet, it’s around 60 MB in size, but once installed, it takes up about 176 MB of space on your device. The app works on Android devices with version 8.0 or higher, and for iPhones, you need iOS 12.0 or higher to run it smoothly. If you are a sports fan, you will find plenty of options to bet on, such as football, basketball, tennis, volleyball, rugby, and more.

When it comes to depositing money, Melbet offers multiple payment options, such as Jeton Bank, WebMoney, Skrill, Neteller, FAB, AI Maryah, Crypto, and many others. You can choose the one that is most convenient for you. Mind that some options allow free transactions.

Advantages of the Melbet app

Melbet app is praised for its user-friendly interface. Even if a user hasn’t made sports bets there before, he will easily understand how to bet and win. Other pluses of the Melbet application in Nigeria include:

  • Minimal technical demands. It can be installed on most tablets and smartphones;
  • Profound security. Your private details will be protected via SSL encryption;
  • Additional options such as statistics and results of already played matches;
  • Live streams in perfect quality.

Benefits of having a Melbet account

After players from Nigerians have registered and logged in, they can see the Melbet profile features. To access your profile, press on the person icon in the app’s menu. You can find the following features in your personal cabinet:

  • Affiliate program;
  • Deposit and withdrawal of funds;
  • Personal data and account settings;
  • History of bets and transfers;
  • Personal bonuses and gifts;
  • Support via live chat, email, and phone;
  • Security settings, and other features.

Support in the Melbet software

If your mobile application has any technical problems, for example, in launching games, choosing the odds, depositing funds, or withdrawing it, you can contact customer support in the browser version. The table below provides the main methods of communication.

Chat in the app The green chat icon button in the bottom right corner
Phone number +442038077601
Email info-en@melbet.org
Feedback form The footer of the app