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Attending Tekedia Mini-MBA is music for the grand orchestra

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music streaming

Attending Tekedia Mini-MBA is music for the grand orchestra. Here, we take a 360-degree viewpoint on how we develop and create our courses. This development is anchored on Symphonic Innovation which we conceptualized in the Institute,  and do teach its framework.

Symphonic innovation is a unified and harmonious approach to innovation that is not domain-specific. For example, with symphonic innovation, you don’t deploy and launch for one technology area, like blockchain, only to be tripped by AI. Rather, you launch with a mindset that these systems  are like extended musical compositions which must be carefully organized to make the orchestra an unforgettable experience.

Aneke the bird was seen dancing by the roadside, but check well, something is beating the drum.  From the sound of music, to the knowledge of markets, let’s sing the orchestra of business success at Tekedia Mini-MBA which begins Sept 11. Dance the profit style. Move up on that career ladder. Come to the #best school. $170 or N90,000 for the 12-week program; Register here 

Uwerx Maps Recovery Strategy To Overcome Flash Loan Attack

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Crypto experts were not surprised when Uwerx recorded a successful launch. This was because the project has been impressive since the start of its presale, surpassing trader’s expectations at each presale stage. The project’s successful launch added a new chapter to its book of achievements.

However, a dark time came for the project when it was hit with a flash-loan attack a day after launch. The question on investors’ lips now is, can Uwerx pull through this trying time? Let us find out.

Uwerx’s Successful Launch

The 5-phased Uwerx presale ended on July 31, 2023, with investors earning a 27.5% purchase bonus. Due to its impressive presale, the project joined the cryptocurrency with support from its 2,291 Telegram members and 2,098 Twitter followers.

Having launched its Alpha version, Uwerx was ready to compete in the cryptocurrency market. The Alpha version came with core functionalities like Message Search, Contract Preview, Unlogged view for Agency, Application Preview, Chat System within job postings, Freelancer role, Agency role, and Client role selection. It also featured the Login, Finished Payments, Settings, Forgotten Password, Create Account, Help Center, Privacy Policy, and Security Sections.

The Uwerx development team is currently putting the finishing touches on the Freelancer Dashboard, Agency Dashboard, Client Dashboard, Additional Settings Page, and Management of Ongoing Projects pages. They will also design the premium functionalities of the Uwerx platform once the above features are finalized.

Following the poll where 84% of voters stated they can’t wait to start saving with the Uwerx Vault, Uwerx developers are happy to announce that the Vault is ready and will be launched after its audit.

Uwerx’s launch on August 1, 2023, came with the introduction of a 3% sell tax, 2% marketing, and 1% token burn. The project’s development team also delivered on their presale promise to lock deployed liquidity for 25 years. Additionally, they reiterated their plan to give up smart contract ownership once the CEX listing is done.

Finally, the development team introduced the Buyback program that should run every week. However, due to the recent hack, the team has decided to use the buyback funds to provide for the next Uwerx launch.

Uwerx’s Uniswap Launch Gets Attacked

As reported on Twitter PeckShield Alert and CertiKAlert, Uwerx was prey to a flash-loan attack that saw a hacker steal 176 ETH (approximately $327,000).

To carry out the theft, the attacker flash-loaned 20,000 ETH and swapped it for 5,053,637 WERX tokens. Then, they moved 4,429,817 WERX tokens into the Uniswap pool. This caused an imbalance because the sent amount far exceeded the pre-existing balance within the pool.

Exploiting the imbalance, they used the skim() function of Uniswap, and with 0x00…1 as the “to” address, they exploited the UniswapPoolAddress” template, causing a 1% burn of the initial token. The hacker carted away with $327,000 worth of ETH.

Uwerx Developers Respond Swiftly To The Hack Attack

After the attack, the Uwerx team quickly contacted SolidProof and InterFi Network, informing them of the attack. They also sent a public message to the exploiter, asking them to consider keeping 20% of the stolen funds as a “white hat bounty” and returning the rest.

Furthermore, the team decided to relaunch Uwerx on Polygon, and on August 22, they deployed Uwerx on the Polygon mainnet.

The team promised to ensure the new contract address is meticulously audited. They have engaged two established auditors and one independent auditor to carry out the audits.

The official new WERX contract address is 0x24BCc05a01CB9AEA91195F6624D08333a17a7377. Uwerx developers advise users to add the new contract address to their chosen wallet(s) on the Polygon Network.

Furthermore, the team conducted polls for community members to vote on the vesting period and the sliding sell tax percentage. After the polls, it was decided that the sell tax will start at 30% and decrease to 0% at the end of the 10 week vesting period. In addition, 100% of the sell tax proceeds will be used as Uwerx’s liquidity pool.

There are plans to introduce a Minimum Viable Product (MVP) similar to the final product. They have also been diligently working on the Uwerx Vault. They intend to simultaneously deploy the token and Vault to create a comprehensive launch strategy.

The team recognizes the need to maintain awareness; however, they want everything verified and good to go before they release their announcements. As the deployment draws closer, they will release YouTube media and explainer videos to make it easy for the community to understand the relaunch.

While the recent hack is a setback, the Uwerx team remains undeterred. They promise to set everything back in place and restore trust in the Uwerx project. They also encourage community members to send their suggestions through their feedback email feedback@uwerx.network.

As for users who bought WERX tokens during the presale, the team assures them that their tokens are safe. They added that minting and airdrops will not happen until a complete audit has been carried out.

Due to the swift response of the Uwerx team to the attack, experts believe Uwerx can still attain prominence in the coin market.

Cosmos (ATOM), Axie Infinity (AXS), And Watchvestor (WVTR) – Hottest Tokens That Analysts Say Should Be In Everyone’s Portfolio

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Analysts are constantly on the lookout for tokens that show promise, and Cosmos (ATOM), Axie Infinity (AXS), and Watchvestor (WVTR) fit that description to a tee. These tokens are making waves in their sectors and gaining traction as must-have cryptos. Keep reading to discover why analysts have chosen them and what makes them so appealing.

Summary

  • Cosmos on an upward trajectory
  • Axie Infinity shows an increase in the number of active wallets
  • Watchvestor combines luxury watches with blockchain and NFT technology

Invest in Rolex, Patek Phillippe, Richard Mille, AP for as little as $10

Cosmos (ATOM): Building the Internet of Blockchains

Cosmos (ATOM) has earned a reputation as a promising project focused on interoperability within the blockchain ecosystem. Its innovative technology aims to connect different blockchains, enabling communication and exchange of assets.

The idea of an “Internet of Blockchains” is captivating, as it addresses one of the industry’s most pressing challenges: interoperability. Analysts view the Cosmos crypto as a token that could revolutionize how blockchains interact. Therefore, making Cosmos a compelling addition to forward-thinking portfolios.

All of these factors lead analysts to be optimistic about the Cosmos’ long-term growth. In fact, they predict that the Cosmos price may reach $9.51-10.83 by the end of 2023.

Axie Infinity (AXS): Gaming, NFTs, and Digital Economy

Axie Infinity (AXS) is a prime example of how blockchain technology transforms the gaming landscape. Built on the Ethereum blockchain, Axie Infinity allows players to collect, breed, and battle fantasy creatures called “Axies,” represented as NFTs.

The play-to-earn model and the rising popularity of NFTs have propelled Axie Infinity into the limelight. As a matter of fact, DappRadar data shows a substantial rise in the number of active wallets and the number of transactions in July.

As the metaverse gains momentum, analysts believe Axie Infinity’s potential for growth is tied to the rising digital economy. Thus, making it an exciting choice for those looking to diversify their portfolios. As a result, analysts predict the Axie Infinity coin could trade between $6.80 and $7.73 by December 2023.

Watchvestor (WVTR): Luxury Meets Blockchain Innovation

Watchvestor (WVTR) has garnered attention for its unique approach to combining luxury watches with blockchain technology. Through fractional ownership and tokenization, WVTR is opening the door to the luxury watch market for a broader audience. Additionally, it will solve all issues that currently plague this flourishing industry.

For example, you do not need any significant amount of funds to become an owner of a watch on Watcvhestor. On this one-of-a-kind marketplace, real-world luxurious watches will back NFTs which will then be fractionalized. Therefore, users from all income brackets can fractionally own a Rolex or an Audemars Piguet for prices as low as $10.

Furthermore, authenticity is one of the most significant challenges in the luxury watch market. Watchvestor tackles this by utilizing blockchain technology to establish a foolproof provenance system. Each NFT will have details such as serial numbers, certificates, and provenance embedded into its metadata. This eradicates counterfeit concerns for all Watchvestor users.

The WVTR utility token is in Stage 1 of its presale and costs only $0.03. However, buying in projects with good fundamentals early, yields tremendous gains down the line. And with WVTR, those who buy it now will receive a 12x ROI as experts foresee a rise to $0.35 soon. In sum, WVTR is the most lucrative addition to your portfolio, more so than Cosmos and Axie Infinity.

Find out more about the Watchvestor (WVTR) Presale Today

Website: https://watchvestor.com/

Telegram Community: https://t.me/WatchvestorOfficial

Attitude of Nigerian Courts on Bail Application in Criminal Proceedings

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INTRODUCTION:

The main function of bail is to ensure the presence of the accused at the trial. This criterion is regarded as not only the omnibus one but also the most important of all criteria for granting bail at the trial court. As a matter of fact, all other criteria are dependent on the omnibus criterion of availability of the accused to stand trial. Arising directly from the omnibus is the criterion of the nature and gravity of the offence. It is believed that the more serious the offence, the greater the incentive to jump bail, although this is not invariably true. For instance, an accused person charged with capital offence is likely to flee from the jurisdiction of the court than one charged with a misdemeanor, like affray. The distinction between capital and non-capital offence in one way crystallized from the realization that the atrocity of the offence is directly proportional to the probability of the accused person absconding. But the above is subject to the qualification that there may be less serious offences in which the court may refuse bail, because of its nature. See DOKUBO-ASARI v. F.R.N (2007) 12 NWLR Pt.1048) 331; R v. JAMAL 16 NLR 54; STATE v. OKAFOR (1964) ENLR 96.

To grant bail or not is a discretionary matter for which the trial judge in the exercise of his discretion must act judicially and judiciously. He must, therefore, act only on evidence placed before him. The grounds for refusing bail must be upon facts on record. The trial judge must not act on his instinct on which there is no evidence in support. The prosecution would always be in the best position to advise or suggest to the court on the antecedent or probability or even the tendency of the applicant to escape from being tried. See OMODARA v. STATE (2004) 1 NWLR   (PTt853) 83.

The right of bail, a constitutional right, is contractual in nature. The effect of granting bail is not to set the accused free for all times in the criminal process but to release him from the custody of the law and to entrust him to appear at his trial at a specific time and place. The object of bail pending trial is to grant pretrial freedom to an accused person whose appearance in court can be compelled by financial sanction in the form of money bail. The freedom is temporary in the sense that it lasts only for the period of the trial and it stops on conviction of the accused. It also stops on acquittal of the accused person. The contractual nature of bail is provided for in section 345 of the Criminal Procedure Code, which provides that before any person is released on bail, he must execute a bond for such sum of money as determined by the police or the court on the condition that such a person must attend at the time and place mentioned therein until otherwise directed. And if a person is released on bail, the sureties must execute the same or another bond or other bonds containing conditions to the same effect. See LOCAL GOVERNMENT POLICE v. ABIODUN (1958) WRNLR 212; SULEMAN v. C.O.P, PLATEAU STATE (2008) 8 NWLR (Pt.1089) 301.

RIGHT OF AN ACCUSED PERSON TO BAIL:

Bail is a basic right of every citizen of Nigeria who is charged with a criminal offence by virtue of section 35 (1) of the 1999 Constitution of the Federal Republic of Nigeria. Thus, every person is entitled to his personal liberty and no person is to be deprived of his liberty except as stipulated by the constitution or statute. And in furtherance of that right, section 35 (4) of the 1999 constitution provides that any person who is arrested or detained in accordance with subsection 1 (c) of this section must be brought before a court of law within a reasonable time and if he is not tried within a period of:

  1. Two months from the date of his arrest or detention in the case of a person who is in custody or is not entitled to bail; or
  2. Three months from the date of his arrest or detention in the case of a person who has been released on bail.

He shall (without prejudice to any further proceedings that may be brought against him) be released either unconditionally or upon such conditions as are reasonably necessary to ensure that he appears for his trial at a later date. This section is, however, excluded where a person is detained upon reasonable suspicion of having committed a capital offence. See ALAYA v. STATE (2007) 16 NWLR (Pt.1060) 487.

Under the Nigerian Law, bail is a right of an accused person. An accused person is not usually denied bail, except where the offence is a capital offence where special circumstances genuinely exist. See BOLAKALE v. STATE (2006) 1 NWLR (Pt.962) at 511.

An accused who has not been tried and convicted by a competent court for an offence known to law is entitled to be admitted to bail as a matter of course, unless some circumstances militating against his admission to bail are shown to exist. See ANI v. STATE (2002) 1 NWLR (Pt.747) 217; PRESIDENT OF IBADAN v. LANGUNJU (1954) 14 WACA 549.

WHAT DETERMINES BAIL TERMS:

In granting an application for bail to an accused person, the court will not overlook the seriousness of the offence as alleged by the prosecution as that will determine the bail terms.  Conditions attached to grant of bail must not be suffocating, unbearable, unworkable and unduly burdensome. See ABACHA v. STATE (2002) 5 NWLR (Pt. 761) 638.

A court may properly consider denying a citizen of his liberty if it is satisfied on cogent evidence. Conversely, the liberty of a citizen should not be fettered on the basis of unsubstantiated allegations. See ORJI v. F.R.N (2007) 13 NWLR (Pt.1050) 65.

CONSTITUTIONAL GUARANTEE OF RIGHT TO PERSONAL LIBERTY:

By virtue of the provision of section 35 (1) and 36 (5) & (6) of the 1999 Constitution of the Federal Republic of Nigeria, every citizen of Nigeria is entitled to his personal liberty and no person shall be deprived of his liberty except as stipulated by the Constitution or statute.

A Nigerian citizen is entitled to his God’s given natural right free from incarceration save in accordance with all the fundamental laws of the land, that is, the Constitution of the Federal Republic of Nigeria and other relevant legislations which are not inconsistent with the Constitution; which affirms that every person is entitled to his personal liberty save for the purpose of bringing him before a court in execution of the order of a court or upon reasonable suspicion of his having committed a criminal offence, or to such extent as may be reasonably necessary to prevent his committing a “criminal offence”. See ONYIRIOHA v. I.G.P (2009) 3 NWLR (Pt.1128) at 351.

RIGHT OF ACCUSED PERSON TO PRESUMPTION OF INNOCENCE AND FAIR HEARING:

The presumption of innocence of every person charged with a criminal offence is also guaranteed by the 1999 Constitution. So is his right to fair hearing which encompasses, amongst others, the following:

  1. Entitlement to be informed of the nature of the offence he has committed;
  2. Adequate time and facility for the preparation of his defense;
  • To defend himself either personally or by a legal practitioner of his choice;
  1. To examine witnesses and or call those witnesses as may assist his case;
  2. To seek the assistance of interpreter.

By virtue of section 35 (4) and 36 (5) of the 1999 Constitution, an accused person is entitled to his unfettered liberty and is presumed innocent until proved guilty, and the onus is on the prosecution to prove that an accused person is not entitled to bail.

However, the presumption of innocence and the right to liberty as enshrined in sections 36 (5) and 35 (4) respectively of the Constitution can only be invoked where there is no prima facie evidence against the accused. Thus, if there is prima facie evidence against the accused person, it would be foolhardy to allow him on bail because the constitution could not have envisaged a situation where accused persons of every shade could be allowed bail just at the mention of the magic words of presumption of innocence and right to liberty. Thus, the proviso in section 36 (5) of the 1999 Constitution states that nothing in the section shall invalidate any law by reason only that the law imposes upon any such person the onus of proving particular facts. See ABIOLA v. F.R.N (1995) 7 NWLR (Pt.445) 155.

GROUNDS FOR GRANT OF BAIL TO PERSON CHARGED WITH OFFENCE OF SERIOUS NATURE:

Under section 341 (2) of the Criminal Procedure Code, in order to grant bail to an accused person charged with an offence of serious nature, the accused person must satisfy the following conditions:

  1. That by reason of grant of bail, the proper investigation of the offence would not be prejudiced;
  2. That no serious risk of the accused person escaping from justice would be occasioned; and
  • That no ground exists for believing that the accused person, if released, would not commit other or similar offence.

In other words, where an offence is of a serious nature, once the accused person has satisfied the conditions stipulated under section 341 (2) of the Criminal Procedure Code, the court shall exercise its discretion in granting him bail. See CHINEMELU v. C.O.P (1995) 4 NWLR (Pt.390) 467.

In the case of an offence not ordinarily bailable, it is the duty of the applicant to make an application with an affidavit stating the reasons why he should be granted bail. On the other hand, the onus, is on the prosecution to show why the applicant should not be admitted to bail; that is, to show that the conditions stipulated under section 341 (2) of the Criminal Procedure Code have not been satisfied by the accused. See OGBHEMHE v. C.O.P (2001) 5 NWLR (Pt.706) 215.

PRINCIPLES GUIDING GRANT OR REFUSAL OF BAIL:

The grant or refusal of an application for bail is at the discretion of the court. Like all other discretions, it must be exercised judiciously and judicially. And before it can be said that a court properly exercised this discretion, that is to say, with sufficient, correct and convincing reasons and not on its whims and fancies, it must have examined all the materials placed before it and considered the applicable laws. The discretion must be based on facts and not in vacuo. See UWAZURIKE v. A.G FEDERATION (20080 19 NWLR (Pt.1096) 450.

The relevant criteria to be considered in the grant or refusal of an application for bail are:

  1. The nature of the charge;
  2. The character of the evidence;
  3. The severity of the punishment;
  4. The criminal record of the accused;
  5. The likelihood of the repetition of the offence;
  6. Evidence that should applicant be granted bail; the witness for the prosecution may be interfered with or prevented from appearing to testify; and
  7. Whether if the applicant is granted bail; he would fail to attend court to face trial.
  8. The evidence available against the accused;
  9. The availability of the accused to stand trial;
  10. The nature and gravity of the offence;
  11. The likelihood of the accused committing another offence while on bail;
  12. The likelihood of the accused interfering with the course of justice;
  13. The criminal antecedents of the accused person;
  14. The likelihood of further charge being brought against the accused;
  15. The probability of guilt;
  16. The detention for the protection of the accused;
  17. The necessity to procure medical or social report pending final disposal of the case.

These factors are not exhaustive in guiding any trial court in granting or refusing bail pending trial. Also, it is not necessary that all or many of these factors must apply in any given case. Even one factor may be applied in a particular case to guide a trial court in granting or refusing bail in a case pending before it. See BAMAIYI v. STATE (2001) 8 NWLR (Pt.715) 270; NWUDE v. F.G.N (2004)17 NWLR (Pt.902) 306; OLATUNJI v. F.R.N (2003) 3 NWLR (Pt.807) 406; JIMOH v. C.O.P (2004) 17 NWLR (Pt.902) 389; LIKITA v. C.O.P (2002) 11 NWLR (Pt.777) 145; EKWENUGO v. F.R.N (2001) 6 NWLR (Pt.708) 171; OLUGBUSI v. C.O.P (1970) 2 ALL NLR 1; OZOUGWU v. STATE (2006) 9 NWLR (Pt.985) 243; UNIVERSITY OF LAGOS v. AIGORO (1985) 1 NWLR (Pt.1) 143; DANTATA v. I.G.P (1958) NRNLR 3.

The presumption of law is in favour of the liberty of the accused as well as his innocence and the burden is on the prosecution to show that the accused is not one that should be released on bail with liberal conditions. See DANBABA v. STATE (2000) 14 NWLR (Pt. 687) 396.

Having regard to the presumption of innocence of a citizen until found guilty under the law and the paramouncy of the liberty of a citizen, the onus of showing that an applicant for bail does not deserve to be admitted to bail is on the prosecution. See EYU v. STATE (1988) 2 NWLR (Pt. 78) 602.

Where the conditions for bail imposed on an accused by the court are stringent and onerous to the extremes, it is as good as denying him bail. In the circumstance, the onus will be on the prosecution to show that the accused deserves such conditions of bail. Where a statute provides for stringent terms and conditions for a bailable offence, there is the presumption that the accused is guilty. See EYU v. STATE (1988) 2 NWLR (Pt.78) 602.

An accused person who jumps bail does so at his own peril. Hence, the risk or strong likelihood that an accused person may jump bail should not be used as a sole bulwark for denial of bail or basis for imposing suffocating bail conditions against such an accused person, until the occurrence of such an untoward development. Therefore, if an offence is readily bailable, it is both legal and logical that the conditions for bail attached thereto must be such as will engender positive utilization of the grant of the said bail to fullest extent whenever it is granted. See IBORI v. F.R.N (2009) 3 NWLR (Pt.1127) 96

GRANT OF BAIL ON GROUND OF ILL-HEALTH:

Although ill-health of an applicant for bail is a special circumstance for grant of an application for bail, a mere allegation of ill-health will not be sufficient justification for admitting a person to bail. See ABACHA v. STATE (2002) 5 NWLR (Pt.761) 638.

The fact that an applicant is a hypertensive patient who sees a specialist Cardiologist every other day for medical examination for the purpose of dosage control of the use of his prescribed drugs and that the medical equipment being used for his check-up are not normally movable is a special circumstance warranting the grant of his application for bail pending the determination of his suit. See CHUKWUNENYE v. C.O.P (1975) 5 ECSLR 44; FAWEHINMI v. STATE (1990) 1 NWLR (Pt.127) 488; CHINEMELU v. C.O.P (1995) 4 NWLR (Pt.390) 475.

In Nigerian criminal justice administration, the following guidelines are relevant in the consideration of an application for bail pending trial on account of ill-health. There are:

  1. Everyone is entitled to be offered access to a good medical care whether he is being tried for a crime or has been convicted or is simply in detention and when in detention or custody, the responsibility of affording him access to proper medical facility rests with those in whose custody he is; invariably, the governmental authorities;
  2. Whatever the stage at which bail is applied for by an accused person; ill-health of the accused is a consideration weighty enough to be reckoned as special circumstance, although mere allegation of bad health will not be sufficient as special circumstance for the grant of bail;
  3. The mere fact that a person in custody is ill does not entitle him to be released from custody or allowed bail unless there are really compelling grounds for doing so. See OFULUE v. F.G.N (2005) 3 NWLR (Pt.913) 577.

RELEVANT CONSIDERATIONS IN APPLICATION FOR BAIL ON GROUND OF ILL-HEALTH:

Where an accused relies on ill-health as a ground for bail; the following must be considered:

  1. The ill-health must be such that will affect other inmates of the detention places;
  2. There must be positive, cogent and convincing medical report issued by an expert in that field of medicine to which the accused person suffering the ill-health is referable;
  3. The authorities have no access to such medical facilities as are required in treating the accused’s ill-health. See ABACHA v. STATE (2002) 5 NWLR (Pt.761) 638; FAWEHINMI v. STATE (1990) 1 NWLR (Pt.127) 486; CHINEMELU v. C.O.P (1995) 4 NWLR (Pt..390) 467; GEORGE v. F.R.N (2010) 5 NWLR (Pt.1187)259; JAMMAL v. STATE (1996) 9 NWLR (Pt.472) 352.

WHETHER PROSECUTION CAN OPPOSE BAIL WHERE IT FAILS TO ARRAIGN ACCUSED PERSON BEFORE COMPETENT COURT FOR TRIAL:

It does not lie in the mouth of the prosecution to say that an accused person should not be released on bail because the offence is a serious offence when it failed to arraign the accused before a competent court for trial with proof of evidence. It is the seriousness of the offence that should spur the prosecution to do or perform its functions timeously and properly because the liberty of a citizen is at stake. It is when the prosecution has done what it is supposed to have done that it can properly object to the bail of the accused person. See ABACHA v. STATE (2002) 5 NWLR (Pt.761) 628.

GROUNDS FOR REFUSAL OF BAIL:

When the evidence of the prosecution against the accused are strong and direct, his chances of being set free are remote because the temptation of jumping bail and escaping justice is high. See OMODARA v. STATE (2004) 1 NWLR (Pt.853) 85

By virtue of section 341 (2) of the Criminal Procedure Code, a person charged with an offence which is punishable with imprisonment exceeding three years shall not normally be released on bail; but the court may, on an application, release such person on bail if it considers that by reason of the grant of bail; the proper investigation would not be prejudiced; or that there is no risk that the accused will commit a further offence or escape from justice. See DANTATA v. POLICE (1958) NRNLR 3.

The courts have tended, in cases where an accused is charged with serious offences which attract very severe punishments, considered the nature of the charges, the gravity of the offence, the evidence to be adduced, and the sentence to be imposed on conviction and refused granting an applicant bail. See NWUDE v. F.G.N (2004) 17 NWLR (Pt.902) 311; BAMAIYI v. STATE (2001) 8 NWLR (Pt.715) 270; F.R.N v. BULAMA (2005) 16 NWLR (Pt.951) 223; BULAMA v. F.R.N (2004) 12 NWLR (Pt.888) 498.

However, once a trial court grants bail to an accused person, the court ought not in law revoke such bail unless there is evidence of some changed circumstances placed before it. See SHAGARI v. C.O.P (2007) 5 NWLR (Pt.1027) 283.

WHETHER APPLICATION FOR BAIL CAN BE PRESENTED ON DIFFERENT OCCASSIONS WITHIN SAME CASE:

An application for bail can be presented several times within the same case, so long as there are changed circumstances, warranting the invitation of the court to exercise its discretion in a particular way. Thus, an applicant for bail can represent the application for bail despite initial refusal, when the circumstances are more favourable.

In other words, judges can take different positions on bail in situations where there are changed circumstances. The principle of estoppels, does not therefore apply in such circumstances. See ATIKU v. STATE (2002) 4 NWLR (Pt.757)265; OMODARA v. STATE (2004) 1 NWLR (Pt.853) 80; ABACHA v. STATE (2002) 5 NWLR (Pt.761) 638.

CONCLUSION:

The Nigerian legal system recognizes the presumption of innocence of an accused person as a constitutionally entrenched provision. Thus, no matter how seemingly serious, grave, heinous or unconscionable an alleged offence, or offences, committed by an accused person might look, he is still entitled to that presumption as an article of faith and a matter of right guaranteed by the constitution.

Therefore, in a criminal trial, an accused is entitled to protection under the constitutional provisions, which includes freedom of movement and presumption of innocence. See IBORI v. F.R.N (2009) 3 NWLR (Pt.1127) 97.

For further legal assistance on topical legal issues, do not hesitate to contact the author:

Kingsley Izimah, Esq.

Principal Partner,

SK Solicitors

0806-809-5282

www.sk-solictorsng.com

sksolicitors.ng@gmail.com or

info@sk-solicitorsng.com

Chronicles Of Pepe Plunge: Discover The Potentials Of Big Eyes Infinity In Contrast To Shiba Inu & 20% Price Dip Of Pepe Coin

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Pepe Coin (PEPE) has come under scrutiny following suspicious activities related to its contract address, prompting worries about a potential rug pull. Meanwhile, investors have been experiencing heightened unease due to the erratic price shifts of Shiba Inu (SHIB).

Stepping onto this juncture, Big Eyes Infinity (BIGINF) emerges as a burgeoning force in the realm of meme coins. With its concise yet lucrative presale on the horizon, accompanied by an airdrop, BIGINF stands poised to make a significant impact. 

Pepe Plunge Of 20% Raises Fear Of A Rug Pull

PEPE, a famous frog-themed meme coin, is being investigated for suspicious contract address transfers, which have raised rug pull claims. Investors are concerned about Pepe’s change in multi-signature wallet threshold and transfer of over $15 million in tokens to an externally held account. Amid these claims, the price of PEPE has plunged by more than 20%, creating panic selling and raising fears about a potential rug pull.

Shiba Inu has a market capitalization of $ 4.7 billion, thanks to its meme-stock craze. Although there are 589 trillion Shiba Inu tokens in circulation, a strategy is in place to burn coins at a pace of 33 billion per year. Some bulls believe the network can burn 5 trillion per month resulting in a significantly reduced supply of tokens which could skyrocket the Shiba Inu’s price.

Big Eyes (BIG) has given birth to Big Eyes Infinity (BIGINF) a limited editioned token with a cute cat mascot offering a presale of 4 stages. This token is a utility-based meme token with a P2E gaming and 819 Casino platform that aims to improve the Big Eyes Ecosystem. Furthermore, individuals who were unable to participate in the Big Eyes presale and gain profit have another opportunity with the BIGINF presale.

Will SHIB Rise With Shibarium Launch?

With Shibarium launch, an Ethereum layer-2 network that uses SHIB tokens as fees,  Shiba Inu planned to be positioned as a serious blockchain project that will focus on metaverse and gaming applications while also serving as a low-cost settlement for DeFi applications. Shibarium’s testing phase was a huge success, with millions of wallets participating and conducting 22 million transactions over four months. However, after coming live earlier this month, the network swiftly faded out.

The rising trading volume of PEPE also fuelled conjectures that investors are panic selling as a result of the multi-sig threshold fiasco. With recent incidents of rug pull, the PEPE community also made the same allegations based on recent transactions.

On the other hand, Big Eyes Infinity is poised as a rising power in the field of meme cryptos at this period of highs and lows. It plans for the launch immediately on the DEX platform after a brief presale of four phases spread over 4 months. BIGINF is immune to market fluctuation and has the potential to grow in value upon launch.

BIGINF Is The Rising Power In The Meme World

In the world of meme coins, where the fortunes of Pepe Coin and Shiba Inu fluctuate, investors have turned their attention to Big Eyes Infinity’s emerging strength with its brief and profitable presale. It offers its investors 500% profits with P2E gaming utility and a 1:1 match guarantee.

BIGINF has a total of 50 billion tokens, with 70% reserved for the presale stage, 25% reserved for the DEX stage, and 5% reserved for marketing tactics. It’s worth mentioning that the whole token distribution will take place through Airdrop, assuring quick and equal distribution among community members and eliminating the need for a time-consuming claiming process.

Time To Grab The BIGINF Presale

Amid Pepe plunge and Shiba Inu price volatility, the launch of Big Eyes Infinity (BIGINF) to maximize community gains merits special note. BIGINF is an emerging force in the world of meme coins that is poised to be a rewarding investment.

<< Why Big Eyes Infinity Will Beat $27 Million Raised >>

For info on Big Eyes Infinity (BIGINF):

Presale: https://buy1.bigeyes.space/

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin