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JAMB Performance: Who Are the Real Folk Devils?

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When Stanley Cohen and other scholars created folk devils numerous years ago, they had no idea that the concepts would one day be connected with something other than people, giving them a negative name as a result of their actions that are harmful to the majority of a society. As Nigerians and institutional stakeholders continue to examine the results of the Joint Admission Matriculation Board 2024 exams, our analyst observes that folk devils now encompass non-humans such as technologies and procedures used to prepare and write the exam. 

The question remains: who is to blame for more than 70% of candidates scoring below 200? The search for folk devils by Nigerians on digital platforms and in various forums over the previous 72 hours has yielded mixed results. Our analysis of public interest in keywords associated with the examination body’s announcement of the results indicates that people are concerned about the fate of candidates who scored less than 200 in securing admission to various universities and other higher education institutions. 

Analysis of the Google Search engine showed a rather big search for universities and Jamb scores, with 73.1% seeking information about various universities’ cut-off marks, resulting in an interest in knowing the revealed Jamb score. We also discovered a relative correlation between Jamb results and Jamb score (51.0%), Jamb results and pass (49.3%), and pass and universities (45.5%). Overall, our analyst adds that the Nigerian public has been quite interested in what has happened with Jamb, students, and outcomes in the last three days. 

Exhibit 1: Public interest in 24 hours (April 29 to April 30, 2024)

Jamb score performance interest
Source: Google Trends, 2024; Infoprations Analysis, 2024

Technology

On digital platforms, candidates’ poor performance has been connected to their social media addictions. Some Nigerians, whom our analyst referred to as moral entrepreneurs due to the moral lens through which they have examined the awful performance, have identified excessive phone use and various TikTok activities of the candidates as the actual devils to be condemned. They believe that while social media has certain advantages, the disadvantages, especially for children and teenagers, outweigh the benefits. They claim that students frequently skip exam preparation in favour of social media material. One of the entrepreneurs notes that a family had to ban their 17-year-old daughter from using TikTok and not using an internet-enabled phone while preparing for WAEC and JAMB examinations.  

Exhibit 2: Percolation of Public interest in 24 hours (April 29 to April 30, 2024)

Jamb results
Source: Google Trends, 2024; Infoprations Analysis, 2024

Technical glitches and personal issues 

According to reports, applicants fared poorly due to technological issues encountered throughout the exam. One moral entrepreneur believes that the general failure was driven by the candidates’ fears about information technology. Inadequate preparation, late arrivals, exam fever, and failing to meet on time all contributed to a negative outcome. Some students struggle with exams for a variety of reasons, including long study periods, illness, a lack of access to literature and parental pressure. 

Students’ poor orientation 

While some students opted to respond to questions at random, others were unable to read or respond to questions because of dishonest methods. A few pupils were even unaware of the questions posed. According to a moral entrepreneur, most applicants are accustomed to cheating, which results in inadequate study and SSCE exam failure. 

Exam malpractice 

It is challenging to persuade students to study because private institutions frequently assist them. The dismal outcomes in external exams will persist unless CBT for SSCE is introduced to reduce exam misconduct. Many parents make significant financial investments in well-paying schools, but this frequently results in early enrollment and unprepared children for the future. We are all impacted by this terrible truth, and if it isn’t resolved, there may be no more hope for education in our nation. These are narratives from moral entrepreneurs who approached the discussion from an exam malpractice perspective. 

UNI and RUNE Rally Expected While KANG Projected For 100x As Listing Nears

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The upcoming Ethereum ETF approval and the speculated bull run are some of the reasons why analysts are bullish on the crypto market. Uniswap (UNI) and THORChain (RUNE) are among the coins that are displaying massive bullish sentiment.

But KangaMoon (KANG), a new crypto project, has the potential to outshine them once it is listed on Tier 1 exchanges in the coming weeks. Experts already predict a 100x ROI for investors who buy the KANG token today. At the current trajectory, it is arguably one of the best cryptos to buy now.

KangaMoon (KANG) Tipped for 100x Growth After Listing

KangaMoon is a new revolutionary ecosystem that will combine Play2Earn and the social-fi model to build a unique platform for meme lovers. The two major features combine to give users the best experience on the platform. While the P2E model allows users to build their characters and compete with players worldwide, the social-fi model allows users to engage in competitions and earn rewards.

The ecosystem is built to reward users when they participate in various activities. Just recently, KangaMoon partnered with the RaidSharksbot to boost ecosystem engagement. Users who join the fascinating raid stand a chance of winning the $1000 monthly rewards. Further research shows that users who promote the project online are rewarded with KANG.

The native token KANG, an ERC20 token, is in the 5th stage of presale and sold for $0.0196. At every stage, the price increases. Having increased from $0.0050 in stage 1 to the latest price, early presale buyers have gotten a 290% ROI. Meanwhile, more than 6,000 people have bought the presale, with over 20,000 people signing up for the community.

As already known, token listings come with a rally. Numerous analysts remain optimistic that KANG will topple the likes of Bonk, Floki and Dogwifhat soon. So, if you are searching for cryptocurrency to buy now, you might want to consider KANG.

Uniswap (UNI) Down by 40% in 30 Days, Can It Rally to $10?

The past few weeks have been rough for the Uniswap token. As one of the best DeFi crypto platforms, Uniswap’s position has been threatened as the Securities and Exchange Commission (SEC) threatens them with lawsuits. While the issue is going on, the Uniswap price has dropped, falling from $15 in early March to less than $9 in April.

Market activity is also down, as the Uniswap trading volume and market cap are on a downtrend. Most worrisome is that the token has fallen below the key support zone of $10. However, all these have not deterred analysts from being positive. Analysts believe the upcoming version 4 launch in Q3 will give the token a facelift. So, if you are looking for cryptocurrency to buy, you can buy the Uniswap dip.

THORChain (RUNE) Projected for Resurgence

THORChain witnessed massive growth in the past few months. The market share of THORChains swap volume recently surged by 10x from a year ago, accounting for approximately 15% of Uniswap volume. These are an impressive landmark that shows investors’ confidence in the token.

Although the token’s key market indicators, like THORChain trading volume, are down, analysts remain optimistic of a rally. The THORChain Fear and Greed index is 70 (Greed), showing more accumulation of the token. As such, THORChain is one of the best cryptos to buy now.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

Top 8 Crypto ICOs For 2024; BlockDAG Leads MMTR, BITBOT, WAI, 5SCAPE, KLXO, PUSHD & DOGEVERSE with $21.7 Million

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Beyond the highly anticipated keynote, the excitement surrounding BlockDAG is intensifying, with a teaser for a moon-based keynote video signalling a pivotal shift in blockchain innovation. Among the top 8 promising crypto ICOs of 2024, including Memeinator, Bitbot, WienerAI, 5th Scape, Kelexo, Pushd, and Dogeverse, BlockDAG stands out. Its ICO phase has attracted $21.7 million and sold over 5100 miners, signalling immense promise and setting a high standard for other projects.

1. BlockDAG: Leading the ICO with Technological Innovation and Excitement

BlockDAG leverages a Directed Acyclic Graph (DAG) architecture, offering reduced transaction fees and improved scalability. The platform supports decentralised applications and microtransactions, serving diverse industries from finance to logistics, thus enhancing blockchain accessibility and efficiency.

The recent BlockDAG keynote video, showcased at Shibuya Crossing, highlighted a listing price of $0.05 and a projected ROI of over 30,000x. It also introduced BlockDAG products like the BDAG Debit Card and BDAG miners, emphasising their efficiency and potential for mining. This roadmap promises growth for the project and substantial returns for investors.

BlockDAG’s ICO has attracted $21.7 million, with Batch 10 BDAG coins priced at $0.006 each. The Batches are selling out rapidly, indicating rising interest and financial backing. This further underscores BlockDAG’s belief in its potential to reshape the crypto landscape and predicts $30 per BDAG coin by 2030.

2.  Memeinator (MMTR): The Future of Meme Coins

Memeinator has rapidly established itself in the meme coin market. Its ICO began with tokens at $0.01, escalating through 29 stages, strategically boosting the token’s value with each new phase, and facilitating exponential growth.

3. Bitbot (BITBOT):  Revolutionising Trading

Bitbot offers a dynamic trading bot to revolutionise crypto trading by providing institutional-grade tools to all traders. In its second ICO phase, Bitbot has raised $391,421, making it an attractive investment for its potential high returns and innovative trading solutions.

4. WienerAI (WAI): AI Meets Canine Loyalty

WienerAI combines canine loyalty and artificial intelligence, aiming to lead crypto innovation. This ICO has garnered $168,482.77, offering early investors a chance to invest in this AI-driven project at a favourable price.

5. 5th Scape (5SCAPE): Immersive Gaming Experiences

5th Scape aims to redefine immersive VR gaming, creating engaging virtual reality experiences. This ICO invites investors to join a project at the forefront of digital entertainment technology, promising innovation and profitability.

6. Kelexo: Enhancing Digital Security

Kelexo positions itself at the forefront of blockchain-based security solutions, addressing critical cybersecurity needs. Its ICO allows investors to support a platform focused on robust digital security in an increasingly vulnerable digital landscape.

7. Pushd: Pioneering Blockchain Communication

Pushd develops a communication platform integrating blockchain to enhance privacy and user control. This ICO offers an opportunity for early backers to invest in a project that promises to transform digital interactions and data privacy.

8. Dogeverse:  Universe in Meme Coins

Dogeverse leverages the popularity of meme coins, aiming to build a vast community of enthusiasts and investors. Its ICO is expected to attract significant interest due to its engaging concept and potential for high returns.

Final Thought

BlockDAG distinguishes itself among the top 8 most promising crypto ICOs of 2024, which include projects like Memeinator, Bitbot, WienerAI, 5th Scape, Kelexo, Pushd, and Dogeverse. With an ICO raising $21.7 Million, BlockDAG exemplifies significant investor confidence and market enthusiasm needed for success in the competitive crypto landscape.

For investors seeking groundbreaking opportunities with substantial potential returns, BlockDAG represents a prime choice, leading in technological advancement and community engagement within the blockchain sector.

Join BlockDAG Now!

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVy

Microsoft Announces $1.7bn Investment in Indonesia for Cloud and AI Infrastructure

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Microsoft CEO Satya Nadella meets President Joko Widodo to discuss technological advancements and economic growth this week.

Microsoft’s latest announcement has stirred excitement in Indonesia as the tech giant unveils plans to inject a staggering $1.7 billion into the country over the next four years, aimed at fortifying its cloud and artificial intelligence (AI) infrastructure. 

This landmark revelation coincided with a momentous meeting between Microsoft CEO Satya Nadella and Indonesian President Joko Widodo, signaling a significant stride towards propelling Indonesia’s digital transformation agenda.

Nadella articulated the profound impact of AI on societal dynamics, affirming, “This new generation of AI is reshaping how people live and work everywhere, including in Indonesia.” 

He declared Microsoft’s commitment to driving positive change through strategic investments in digital infrastructure, skilling initiatives, and developer support, expressing confidence in Indonesia’s ability to flourish in the rapidly evolving digital industry.

The $1.7 billion investment is not just about erecting new cloud and AI infrastructure; it also encompasses comprehensive training programs aimed at equipping 840,000 Indonesians with essential AI skills. Moreover, Microsoft plans to extend its support to the local developer community, fostering innovation and entrepreneurship across Indonesia.

In a bid to extend the benefits of AI skilling beyond Indonesia’s borders, Microsoft announced a collaborative effort with governments, organizations, and communities across the Association of Southeast Asian Nations (ASEAN). This ambitious partnership aims to provide AI skilling opportunities for 2.5 million people by 2025, aligning with Microsoft’s vision of empowering individuals across the region to harness the transformative potential of AI technologies.

“The investments we are announcing today – spanning digital infrastructure, skilling, and support for developers – will help Indonesia thrive in this new era,” said Nadella.

During their meeting in Jakarta, Nadella and President Widodo delved into a wide array of topics, including the role of technological advancements and AI breakthroughs in steering Indonesia toward its ambitious goal of becoming a developed nation by 2045, as outlined in its Golden Indonesia 2045 Vision.

Microsoft’s investment in Indonesia is expected to capitalize on the growing demand for cloud computing services in the country, while simultaneously facilitating Indonesia’s integration into the global digital economy. The move underlines Microsoft’s steadfast commitment to fostering economic growth and productivity through cutting-edge technologies.

Coordinating Minister for Human Development and Culture, Muhadjir Effendy, noted the need to upskill Indonesia’s workforce to navigate the complexities of modern technology. With youthful and tech-savvy youngsters making up 28% of the population, or 75.49 million people, Indonesia stands poised to leverage initiatives like Microsoft’s investment to drive innovation, enhance competitiveness, and spur economic development.

Microsoft’s dedication to Indonesia extends beyond monetary investments, exemplified by the establishment of its first data center region in the country in 2021. This strategic move also underscores Microsoft’s commitment to expanding its reach in Asia, where it has to compete with domestic players, especially from China, rapidly expanding their digital footprints.

Nigeria Initiates 2024 Oil Bid Round with 12 Blocks on Offer, Targets $3 Billion Investment and 300,000 Jobs

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Nigerian Upstream Petroleum Regulatory Commission Launches Bid Round Amidst Plans for Economic Growth and Flare Gas Commercialization

In a move aimed at boosting its oil and gas sector, the Nigerian government has commenced the process for the 2024 oil bid round, unveiling an enticing offering of 12 oil blocks alongside seven deep offshore blocks from last year’s bid round.

This pivotal announcement was made by Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), during his presentation at the inaugural NEITI House Dialogue in Abuja.

Komolafe articulated the government’s ambitious targets, revealing plans to infuse $3 billion in capital investment to fuel projects under the Nigerian Gas Flare Commercialization Programme (NGFCP) and create a staggering 300,000 jobs.

Highlighting the potential socio-economic impact of the flare gas commercialization programme, Komolafe projected substantial benefits, including the provision of clean energy to six million households through Liquefied Petroleum Gas (LPG) and the elimination of 20 million tons of carbon dioxide emissions annually. 

Additionally, he anticipated the unlocking of 600,000 metric tons of LPG per year and the generation of 2.5 gigawatts of power from new and existing Independent Power Producers (IPPs).

Providing deeper insights into the bid round, Komolafe detailed the offerings, which include six acreages on the continental shelf, four deep offshore blocks, and two onshore blocks in the Niger Delta region. He assured stakeholders of a fair and competitive bidding process, underpinned by stringent regulations aimed at ensuring regulatory certainty, dismantling entry barriers, and fostering global competitiveness.

“The licencing round that we are putting in place is designed to enhance the quality data set and it is going to be conducted in a fair, and competitive bidding process in a non-discriminating manner,” he said.

Emphasizing the criteria for block acquisition, Komolafe outlined the importance of technical competence, financial capacity, and viability. He also shared the Commission’s financial performance, noting a commendable 15 percent increase in revenues to N4.344 trillion in 2023.

Furthermore, Komolafe shed light on Nigeria’s current production output, revealing that crude oil and condensates stood at 1,532,530 barrels per day as of April 25, 2024. He outlined various initiatives introduced by the Commission to enhance crude oil production, including expedited approvals of Field Development Plans, adoption of cutting-edge technologies, reduction of unit technical costs, and transparent hydrocarbon metering and accounting practices.

Dr. Orji Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), noted the importance of the NEITI House Quarterly Dialogue in facilitating constructive engagements among policymakers from Nigeria’s extractive industries. He emphasized the pivotal role of the platform in addressing pertinent industry issues and promoting transparency and accountability across the sector.