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Home Blog Page 3519

The Power of #Believe Even for Nigerians

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As you close the year 2023 which has been challenging for many Nigerians, I want to drop this word: BELIEVE. By believing, Carlos Slim, the Mexican billionaire, bought everything on his path during the ruins in his nation. The Mexican currency, the peso, was imperiled but he believed. By believing, he is today one of the richest men in the world.

Templeton on that same #believe bought stocks when others were selling as markets crashed during the second world war.  He later became the stock picker of the 20th century.

After the Biafran War,  some Nigerians despite losing their children at war, homeland destroyed and bank accounts frozen, came together to establish secondary schools, hospitals, etc via community development unions. That spirit that Tomorrow has a promise overcame despair and ruins, as they contributed money to rebuild communities, one by one.

Here is the deal: Nigeria would not disappear because nations rarely kaput. And when you remember that the greatest business in Nigeria has not been started you can believe. I am building something huge in New York and I am excited because that is linked directly with Nigeria.

As an economic prophet, I challenge young people to rise unto the promise of tomorrow.  Thou will find pasture, and will leave any miry clay behind because thou liveth in the best era to be a youth! Make 2024 a dream year! 

Coinbase Adds Support for BONK, KuCoin Leaves New York, Everlodge Presale Selling Out

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It has been an eventful week in the crypto landscape. From Bonk’s (BONK) listing on Coinbase to KuCoin agreeing to block New York users and pay $22 million in settlement fees, it is shaping up to be a week to remember. Meanwhile, the Everlodge (ELDG) presale recently entered its eighth stage and is selling out fast. Poised for a 50x rally after launch, it is one of the altcoins to watch.

This post will cover the recent developments in Bonk and KuCoin. Further, it will discuss why Everlodge is the best new crypto to invest in. Let’s begin.

Bonk (BONK): Coinbase Listing Result in Excitement and Price Rally

Coinbase, one of the world’s largest crypto exchanges, announced the listing of Bonk (BONK) via X (formerly Twitter) on December 13th. The exchange added support for the memecoin on the Solana network, with trading starting on December 14. Undoubtedly, this Bonk news was met with excitement, with the token rallying alongside.

This development has been anticipated for a while. After all, it is the most popular memecoin on Solana. At the moment, the Bonk price is soaring, rising by over 50% in the past 24 hours.

With this price gain, Bonk Crypto has further cemented its status as the third-biggest memecoin, surpassing Pepe. With optimism and excitement on the rise, its rally will likely persist for a while.

KuCoin (KCS): Closing New York Market

In recent KuCoin news, the exchange agreed to block New York users from its platform. Further, the company will be paying $22 million to settle the lawsuit. It is to be recalled that in March, the platform was accused of failing to register with the state before allowing the trading of cryptocurrencies.

According to Attorney General Letitia James, crypto companies must play by the same rules as other financial institutions. However, this development has yet to have any impact on the price of the KuCoin token.

At the time of writing, the KuCoin price is in an uptrend. The price is currently above $13, and its traction doesn’t appear to be slowing down.

Everlodge (ELDG): Why is it selling out?

Everlodge (ELDG) is the most promising narrative in the crypto landscape at the moment. It stands at the intersection of the traditional real estate sector and the novel blockchain industry. By utilizing the power of blockchain technology, it will transform the vacation home industry, making it accessible to investors.

Historically, the property market has been reserved—unfairly—for the wealthy. Despite shelter being a fundamental human need, a large portion of the human population is unable to own or invest in real estate. This is because of the ridiculously high entry barrier, which is mostly financial.

However, that is about to change with Everlodge. It will establish the first property marketplace on the blockchain, allowing investors to co-own and fractionally invest in luxury properties. This novel platform will employ a fractional investment model and NFTs, which will drastically lower entry barriers.

With as little as $100, investors can co-own a multimillion-dollar property in Las Vegas. As co-owners, they will earn passive income through rentals and appreciation of properties.

Given the above, it comes as little surprise that the presale is selling out fast. This crypto ICO is currently in the eighth stage, and a token costs only $0.027. According to experts, its price will rally by 50x after launch, making it one of the best coins to invest in.

Summary

KuCoin closing its services to New Yorkers might be seen as a continuous crackdown on crypto in the US. Nevertheless, it has yet to affect the token’s rally. A more exciting development is the listing of Bonk on Coinbase, a US-based exchange. Meanwhile, investors have shifted their focus to Everlodge, a unique project. Its presale is selling out fast, and it is aiming for a 50x rally after launch.

Visit Everlodge

Messi’s World Cup Jerseys Fetch Record $7.8 Million in Sotheby’s Auction

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In a landmark auction at Sotheby’s, six jerseys donned by soccer maestro Lionel Messi during Argentina’s triumphant World Cup run in 2022 fetched an astounding $7.8 million, marking a watershed moment in sports memorabilia sales.

The shirts, each worn by Messi during the first half of Argentina’s games at the 2022 FIFA World Cup in Qatar, soared to become this year’s highest-priced sports memorabilia items, as revealed by the prestigious auction house.

“These historic shirts are not only a tangible reminder of one of the most important moments in the history of sports, but are principally connected to the pinnacle moment in the career of the most decorated football player in history,” Brahm Wachter, Sotheby’s head of modern collectibles, said in a statement.

Comprising six out of the seven jerseys Messi sported during the first halves of Argentina’s World Cup matches, the collection holds immense historical significance. Notably absent are the first-half jersey from Argentina’s final group stage match against Poland and the second-half jerseys, presumably exchanged with rival players, clarified Sotheby’s.

Argentina’s triumph in the World Cup, culminating in a scintillating victory against France in a penalty shootout following a 3-3 draw, marked Messi’s pivotal role. Scoring two of Argentina’s three goals, the win represented a crowning achievement for the football luminary.

Throughout the two-week online auction, the jerseys were exhibited at Sotheby’s New York headquarters, culminating in Thursday’s highly anticipated closure. The identity of the successful bidder remains undisclosed.

Sotheby’s announced a notable allocation of auction proceeds to the UNICAS Project, an initiative led by Sant Joan de Déu Barcelona Children’s Hospital and supported by the Leo Messi Foundation, aimed at aiding children afflicted by rare diseases.

Despite high expectations, the Messi shirts fell short of setting a new auction record for game-worn sports memorabilia. The reigning title still rests with Michael Jordan’s 1998 NBA Finals jersey, which commanded a staggering $10.1 million in last year’s Sotheby’s auction.

Diego Maradona’s iconic “Hand of God” goal jersey, worn during the 1986 World Cup, previously clinched the second most valuable jersey sold at auction, amassing $9.28 million in May 2022.

For Messi aficionados, this auction stands as a testament to his growing legacy. Previously, the most expensive Messi auctioned item was a jersey worn during Barcelona’s 2017 match against Real Madrid, according to ESPN.

At 36, Lionel Messi currently plies his trade with Inter Miami in the MLS, having enjoyed a stellar 17-year career at Barcelona, securing eight Ballon d’Or titles, the highest accolade bestowed upon football’s top player annually.

Abia State University Teaching Hospital (ABSUTH) Regains Accreditation Following Renovation by Gov. Otti

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Abia State University Teaching Hospital (ABSUTH) has regained its accreditation from the Medical and Dental Council of Nigeria (MDCN), following its complete renovation, by Governor Alex Otti.

The governor announced the development in a statement on Friday, stating that the development will alleviate the suffering of many people.

“I am glad to announce that the College of Medicine and Health Sciences, Abia State University, Uturu has successfully regained full accreditation from the Medical and Dental Council of Nigeria (MDCN) after a period of suspension lasting almost three years,” he said.

“One of my priorities, when I took office, was to restore the accreditation of our College of Medicine and Health Sciences ABSU, which was revoked due to inadequate facilities and staff welfare.

“I witnessed the suffering of our students, lecturers, and patients, and I promised to never let it happen again. We invested massively in the renovation and upgrade of the infrastructure, equipment, and personnel of ABSUTH,” he added.

The National Universities Commission (NUC) withdrew accreditation for the Faculty of Medicine and Surgery at Abia State University in June last year. This decision was a result of the teaching hospital’s near-inactivity due to its dire state and the poor welfare conditions of its staff.

The NUC found deficiencies within the institution, prompting the revocation of accreditation. The teaching hospital, reported to be in a severely dilapidated condition and unsuitable for learning, serves as a crucial training ground for clinical medical students.

As a consequence of losing accreditation, the college, which had previously graduated more than 22 sets of doctors, ceased admitting new students for Medicine and Surgery.

Otti called the school’s reinstatement “a remarkable achievement” for Abia State, which “affirms our commitment to deliver quality healthcare and education to our people.”

“With this accreditation, our medical students can now resume their training at the Abia State University Teaching Hospital (ABSUTH) Aba, with a higher admission quota and a valid accreditation to train house officers,” he said.

The old building

Reaffirming his resolute dedication to fortifying education and healthcare, Otti made reference to the allocation of 20% and 15% of the 2024 annual budget to these pivotal sectors. He emphasized that these allocations represent not just gestures but indispensable obligations owed to the people of Abia State.

“We believe that these are not favors, but obligations that we owe to our citizens. We will continue to do our best to provide quality service and governance to our state,” he said.

The College of Medicine was inaugurated during the 1988/89 academic session, with Professor Akpuaka, F.C., who specialized in Plastic Surgery, serving as its inaugural provost. In November 1994, the Medical and Dental Council conducted the initial evaluation of the clinical facilities within the Teaching Hospital Complex of the college. Subsequently, after a follow-up visit by the council in March 1996, the entire college received full accreditation as a Medical Training Institution in May 1996.

Governor Sim Fubara Demolition and The Inakoju V Adeleke’s Precedent

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It was reported yesterday that the governor of Rivers State, Mr Sim Fubara, ordered the demolition of the Rivers State House of Assembly complex in order to distort the parliamentary session so that the defected House of Assembly members loyal to Mr Nyesom Wike will not carry out their impeachment ploy against him. 

As a person who has keenly been following Nigerian politics, I can take a wild guess that the reason why the River state governor has to rave down the state house of assembly complex contrary to whatever you may think is that according to Supreme Court rulings in 2007, in the case of Inakoju V Adeleke, if the assembly members meet in any other place other than the house of assembly complex and impeach the governor, the purported impeachment or whatever business conducted will be voided on the grounds that it didn’t meet up the constitutional procedure of impeachment of the governor as provided in section 188 of the constitution of the federal republic of Nigeria and the House of Assembly rules. 

In the infamous constitutional landmark case of Hon. Muyiwa Inakoju & 17 Ors v Hon Abraham Adeolu Adeleke & 3 Ors (2007), 4 NWLR (PT. 1025), the Supreme Court upheld Chief Wole Olanipekun’s argument that the House of Assembly complex is the one and only designated building that the official business of the house of assembly members is to be carried out and that D’Rovans Hotel, Ibadan where some of the assembly members held their plenary session and impeached the governor is not the House of Assembly of Oyo State, thereby invalidating the impeachment of the then Governor Rasheed Ladoja. 

Here is the full fact of the case;

On the 13th of December 2005, some members of the Oyo State House of Assembly held their plenary session at D’Rovans Hotel, Ring Road, Ibadan, where they purportedly suspended the Draft Rules of the Oyo State House of Assembly. They also purportedly issued a notice of allegation of misconduct against Senator Rasheed Ladoja, the then Governor, with the purpose of commencing impeachment proceedings against him. On 22nd December 2005, without following the laid down rules, regulations and the Constitution of the Federal Republic of Nigeria, they purportedly passed a motion calling for the investigation of the allegations of misconduct against Senator Ladoja and they went ahead and passed a vote of no confidence on the governor and impeached him. 

The Supreme Court voided the impeachment of the governor on the grounds that the parliamentarians did not follow the right impeachment procedure by meeting up the quorum and conducting the plenary session on the designated House of Assembly complex. 

Therefore, one can decipher the political game that Governor Fubara is playing by demolishing the House of Assembly complex so that if the parliamentarians who are loyal to Mr Wike succeed in impeaching him, he can easily contest the impeachment in court on one of the grounds that the impeachment was carried out on another ground other than the state house of Assembly complex thereby invalidating the process.