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INEC Suspends Further Collation of 2023 Governorship Election Results In Abia and Enugu

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The Independent National Electoral Commission, INEC, has suspended further collation of 2023 governorship election results in some parts of Enugu and Abia states due to security concern.

This was made known in a press release signed by the commission’s national commissioner and chairman, information and voter education committee, Barr. Festus Okoye, on Monday. The press release reads as follows:

“The Commission met today, Monday 20th March 2023 and reviewed the conduct of the Governorship and State Assembly elections held nationwide on Saturday 18th March 2023. Arising from the meeting, the Commission took the decision to suspend forthwith further collation of the Governorship election results in some parts of Abia and Enugu States.

“It will be recalled that our office in Obingwa Local Government Area was invaded by thugs yesterday Sunday 19th March 2023 and our officials held hostage in relation to the collation of results from the Local Government Area. Similarly, reports from Enugu State call for a review of the results for the Governorship election from the two outstanding Local Government Areas of Nsukka and Nkanu East.

“Consequently, the Commission hereby suspends the collation of results in Obingwa Local Government Area of Abia State and the two outstanding Local Government Areas of Enugu State which are yet to be collated. A review will be undertaken immediately before the process is concluded.

“We appeal for the understanding and patience of voters, parties and candidates in the affected States.”

Fintech Startup VPD Money Records $200 Million Transaction in Two Years

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Financial services and lifestyle app that offer users money management tools, instant access to a digital wallet, and bank account, VPD Money, has disclosed that its transaction volume rose to over $200m, which showed a 2,548 percent increase since it commenced operations in 2021.

The startup stated that it had been able to onboard over 50,000 customers to date, having created a soothing platform for the unbanked and underserved.

The company’s Co-Founder and Senior Product and Project Manager, Mohammed Liadi said, “We have created a soothing platform for the unbanked and underserved. The unbanked people don’t necessarily mean they don’t have a job but the cost of entry to financial services is just too high for them. They have uncertainty about the benefits of being in the financial realm and of course, a rational decision, hence, they stay unbanked.

With VPD Money, you can access your funds anytime, anywhere, and make transactions with ease. With VPD Money, individuals and businesses can carry out their financial transactions without the need for physical cash. Our platform offers instant notification of payments, reduced costs, and a better user experience; thus, making VPD Money a reliable option for cashless transactions during this cash crunch.”

As a fintech platform, he disclosed that VPD Money would provide a reliable, fast, and convenient way for individuals and businesses to manage their finances, regardless of the recent physical cash shortage in Nigeria. He further added that VPD Money is the only fintech at the moment offering free transfers for transactions.

Launched in 2020, VPD money formerly known as VoguePayDigital is the first African digital banking app that enables its users to have a multi-currency wallet linked to their card experience. The platform seeks not only to improve user’s experience but also reduce the cost of transactions for individuals and businesses.

The platform aims to combine the benefit and strength of a virtual wallet, a bank account, and a card experience in order to create a true borderless account, leveraging modern solutions such as digital onboarding experience (KYC), AI, and machine learning. The startup seeks to eliminate the problem and costs associated with having multiple currency cards through a single combined solution.

VPD money was developed to enable African small and medium enterprises (SMEs) and individuals to transact easily within Africa and globally. Users receive cash back on most of the embedded services within the app, to help them save on a ‘save as you spend’ basis.

How Potato Farming Aided Socioeconomic Exchange in Europe and the Americas

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How much did you know about Potato? Did you know that potato was the first food crop to be grown in space?

Potato is from the perennial Solanum tuberosum. It is the fourth largest food crop, after rice, wheat and maize. Over 4000 varieties of the potato are grown across the world, the commonest in America is the russet whereas in Africa, the sweet potato is highly traded.

History has it that the Inca Indians in Peru were the first to cultivate potatoes around 8000 BC to 5000 BC. But in 1536 after the Spanish Conquistadors conquered Peru, they discovered the flavours of the potato and carried them to Europe.

In 1589 potatoes was introduced to Cork, Ireland by Sir Walter Raleigh, an English voyager and writer. About fourty years later, potato spread to the rest of Europe.

Eventually, agriculturists in Europe found potatoes easier to grow and cultivate than other staple crops such as wheat and oats. Most importantly, it became known that potatoes contained most of the vitamins needed for sustenance, and they could be provided to nearly 10 people for each acre of land cultivated.

The Boom’s Period

Idaho, the present day largest producer of potatoes, did not actually begin growing potatoes until 1836, when the missionaries moved west in an effort to teach the native tribes to grow crops instead of relying upon hunting and gathering methods. In 1872 when the Russet Burbank variety was developed, Idaho potato industry began to flourish.

In October 1995, the potato became the first vegetable to be grown in space. US scientists from NASA and the University of Wisconsin developed the technology with the aim of feeding astronauts on long space voyages and eventually feeding future space colonies.

According to the US Department of Agriculture, “a diet of whole milk and potatoes would supply almost all of the food elements necessary for the maintenance of the human body.”

Discovery of the French Fries

The French King, Louis Philippe who reigned between 1830 and 1848 had a Chef named Collinet. One night, Collinet had the  intention of serving his master a hot delicious meal when he accidentally created soufflés or puffed potatoes. He came about this by plunging already fried potatoes into extremely hot oil to reheat them. To the chef’s surprise and the king’s delight the potatoes puffed up like balloons.

In 1853, US railroad magnet, Connilele Vanderbilt visited a resort in Saratoga Springs, New York. He was served hot salty crispy by Chef, George Crum who got embittered by Vanderbilt’s initial impression. To everyone’s surprise Vanderbilt loved his Saragoata Crunch chips. Since then potato chips have been popular.

Thomas Jefferson gets the credit for introducing “french fries” to America when he served them at a White House dinner.

Is There Any MBA Related To Horse Racing?

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When you think of Master of Business Administration (MBA), what comes to mind? Probably not horse racing.

However, you can actually get a Master’s Degree in horse racing, which will help you create a profitable business in the industry.

The University of Liverpool  Management School offers one of the few programs that teach you more about the horse racing business world and how to succeed. We all know that there is a lot of money involved in horse racing, and in order to be successful, you’ll need some basic knowledge.

We will cover the horse racing programs from MBA, and find out how this will help you in the real world.

What is the Thoroughbred Horseracing Industries MBA?

As we mentioned before, the strongest connection between the MBA and Horse racing is the Thoroughbred Horseracing Industries program that has partnered with the British Horseracing Authority, which is designed to give you a good knowledge base before diving into the world of horse racing. So if you enjoy placing bets in websites such as TwinSpires, you will fancy this one.

The Thoroughbred Horseracing Industries MBA programme is ranked number 31 in the SportsBusiness Postgraduate courses in 2020.

So, you want to get your hands on that Kentucky Derby trophy and claim the huge prize purse? How can you do that?

The horse racing world is much more complicated than it seems and in order to succeed, you’ll need a much deeper understanding of the industry. Additionally, horse racing price purses might be big, the when you deduct all the costs, the horse owner is left with a small percentage.

So, in order to turn your horse racing passion into a profitable business, you’ll need to know the industry from top to bottom.

The Thoroughbred Horseracing Industries MBA is a postgraduate program intended exclusively for people who want to work in the horseracing industry. The University of Liverpool offers a curriculum, which is totally online and available to students from all around the world.

Who Is It For?

If you have a passion for horse racing, the Thoroughbred Horseracing Industries MBA is the perfect program to turn that passion into a career. This postgraduate program is designed to provide students with the skills and knowledge they need to succeed in the horseracing industry.

Not only is this program suitable for those who are new to the industry, but it is also ideal for professionals who are looking to enhance their skills and knowledge. The program is designed to be flexible, allowing you to study at your own pace and around your existing commitments.

Throughout the course of the program, you will learn about various topics related to the horseracing industry, such as business management, marketing and branding, financial management, leadership and teamwork, legal and regulatory frameworks, and global horseracing markets.

Additionally, you will have the opportunity to specialize in specific areas of the industry, such as racecourse management, bloodstock management, or media and communications.

What Will You Learn From This Program?

The Thoroughbred Horseracing Industries MBA covers a range of topics related to the horseracing industry, including:

  • Business management
  • Marketing and branding
  • Financial management
  • Leadership and teamwork
  • Legal and regulatory frameworks
  • Global horseracing markets

You will also have the opportunity to specialize in specific areas of the industry, such as racecourse management, bloodstock management, or media and communications.

What Benefits Will the MBA Horse Racing Program Bring to a Beginner?

Horseracing is a lively and fascinating industry, but it is also extremely competitive. By finishing the Thoroughbred Horseracing Industries MBA, you will get a thorough grasp of the sector as well as the necessary skills and knowledge.

You will also have the opportunity to develop a network of contacts in the business, which may be quite useful while looking for work or improving your career.

Final Words

Who knew that there is an actual program that will teach you the basics about the horse racing industry and give you a jump start on your professional career in the sport?

If you’re ready to take your career in the horseracing industry to new heights, the Thoroughbred Horseracing Industries MBA is the way to go! This program is not only highly respected, but it also equips you with the skills and knowledge you need to succeed.

Whether you’re already in the industry or just have a passion for horse racing, this program is definitely worth considering. With its flexible online delivery and comprehensive curriculum, the Thoroughbred Horseracing Industries MBA is the perfect fit for anyone looking to gallop toward success.

Investing in Crypto: 5 Ways to Earn Passive Income

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Investing in crypto involves buying, selling, and holding cryptocurrencies to make a profit. Its decentralized nature and potential for generating high returns with meager transaction fees make it a popular investment option for individuals and business institutions.

However, the recent high volatility in crypto has made several investors wary of cryptocurrency investments. This article explores passive cryptocurrency investments and highlights five low-risk investment opportunities to earn income in crypto with minimal effort.

What is Passive Income in Crypto?

Earning passive income in crypto involves primarily holding digital assets to earn rewards like dividends, interests, and staking benefits. It requires little or no effort from you.

All you need is the proper account and sufficient technical knowledge. Here are the top five ways to earn passive income in crypto:

Staking

Staking involves verifying cryptocurrency transactions to earn rewards. You commit a certain amount of digital assets to support a blockchain network. It is equivalent to earning interest on a regular savings account. However, it generates higher returns.

Depending on the blockchain network or crypto token, you may earn between five to twenty percent annually on the tokens staked. Therefore, to gain the most crypto staking, hold a lot of tokens for an extended period. You can find suitable wallets to keep your digital assets here: https://blog.tezro.com/best-crypto-wallets-canada/.

Popular crypto projects you can stake include Ethereum, Cardano, and Cosmos. They offer minimal stake thresholds. So buy some tokens, store them in a staking pool, and then sit back and reap the benefits.

Crypto lending

Crypto lending involves lending cryptocurrency funds to other users or protocols to earn interest. It involves minimal effort from the investor, who lends their funds to a borrower or a lending platform.

Crypto lending takes various forms, including decentralized and peer-to-peer (P2P) lending. Decentralized lending lends crypto funds to pools on lending and borrowing protocols, while P2P lending lends funds directly to other individuals on a lending platform.

Interest gets paid out periodically depending on the lending platform’s terms and conditions. Therefore, the interest rates on crypto lending platforms can vary widely depending on the platform and market conditions.

Crypto airdrops and hard forks

Crypto airdrops involve distributing tokens to multiple wallets simultaneously. Crypto and blockchain developers use it to promote new tokens, raise awareness about a feature, or reward users for their loyalty.

Airdropped tokens can be sold or held for future appreciation. To qualify for an airdrop, you can participate in a social media campaign, sign up for a mailing list, or meet other specific criteria.

Hard forks occur when an existing blockchain creates a new cryptocurrency. If you own the original cryptocurrency in a wallet that supports the fork, you get credited with an equivalent amount of the newly forked cryptocurrency.

Crypto mining

Crypto mining involves verifying transactions on a blockchain network to earn cryptocurrency rewards. You use powerful computers to solve complex mathematical equations to confirm and add blocks of transactions to the blockchain.

Proof-of-Work (PoW) mining requires significant electricity and specialized hardware. The first miner that solves the puzzle and validates the block receives newly minted cryptocurrency, and the validated transactions are added to the blockchain. Ethereum and Bitcoin are two of many cryptocurrencies that support proof-of-work mining.

Yield farming

Yield farming involves holding and locking digital assets in liquidity pools and lending protocols. It allows you to provide liquidity to a decentralized finance (DeFi) platform, which uses the funds to facilitate trades and earn interest on the assets. In return, you receive rewards in the form of tokens or fees.

Yield aggregators, also known as yield optimizers, simplify the yield farming process by automatically switching funds between different liquidity pools to maximize returns. These applications provide users with a more user-friendly and efficient way to participate in yield farming. Some of them include Yearn Finance, Curve/Convex Finance, and Beefy Finance.