DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4417

A Major Milestone for Fasmicro Group

0

At Fasmicro Group, we reached a major milestone today, and I want to celebrate with our industrial partners, universities and stakeholders. As Africa’s only Intel certified and authorized programmable microprocessor knowledge partner,  we continue to serve our continent.  On this day in the engineering lab of the Johns Hopkins University, many years ago, after taking a course on processor design and development, I architected a playbook to take that knowledge home. Over the years, we have been to more than 120 universities in Africa and set up labs .

We have worked with companies, from power systems to telecoms on their market needs. And we have been recognized for the specific and specialized services we offer (many recognitions and awards). We have served on our engineering mission. Of course, we thank Intel Corporation for its support over the years .

To our head of engineering, Engr Ekele Eke (Nigeria’s finest engineer), and all our team, I say THANK YOU.

Photo: Sir Richard Branson honoured Ndubuisi Ekekwe, founder of First Atlantic Semiconductors & Microelectronics (FASMICRO).

Obi Rounds Off “Surprising” Presidential Campaign in Lagos – Rekindling Hope for A Better Nigeria

0

The presidential candidate of the Labour Party, Peter Obi and his running mate Datti-Baba Ahmed has concluded their campaign in Lagos on Saturday, becoming the first political party in the campaign trail to cover Nigeria’s 36 states and the federal capital territory Abuja.

The duo, who were underestimated in the beginning, are said to have pulled off a surprising campaign that has rattled the opposition, making the Labour Party the party to beat in less than a year.

Obi said “it’s been a whirlwind and a very value-added experience across the 36 States.” Thanking Nigerians for engaging constructively, he added that “the Mission to take back Nigeria is real and the core objective is in sight.”

The former Anambra State governor left the Peoples Democratic Party (PDP) in May 2022 to join the Labour Party, an underdog political party with one of the least structures in Nigeria, but has built a massive movement thriving on organic support, especially from the Nigerian youths.

Up against three established candidates – Bola Tinubu of All Progressive Congress (APC), Atiku Abubakar of the Peoples Democratic Party (PDP) and Rabiu Kwankwaso of the New Nigeria Peoples Party (NNPP) – the Obi-Datti presidential campaign has defied tribal and religious sentiments to garner stunning support from across the country, especially in the north and Southwest. Afenifere, a pan-Yoruba cultural group, had last year endorsed Obi over other presidential candidates, breaking ranks with the ethnocentric patronage of Nigeria’s political culture.

Dubbed “Obidients”, Obi supporters pride themselves in their “we no dey give shishi” (we don’t give a dime) mantra, underlining a new face of political ideology that Obi represents, which abhors moneybag politics. They have been self-financing many of the Obi-Datti political rallies.

Though the odds seem to be stacked against Obi, whose style of politics has been considered maverick – which stands no chance in Nigeria’s money-based political system, several polls conducted so far have projected him as the winner of Nigeria’s 2023 presidential election.

Some of the factors driving the movement

Compared to all other candidates, the Labour Party flagbearer has displayed uncommon charisma that has charmed a teeming number of Nigerians across all tribes, defying the anti-Igbo sentiment that has characterized Nigeria’s polity since the end of its civil war in 1970.

Obi’s impeccable record as the governor of Anambra State is believed to be his most selling point as he pushes for the most important job in Africa’s most populous nation. He said he left up to N75 billion in the State’s purse at the end of his second term, an uncommon gesture in Nigeria’s governors leadership pattern, notorious for looting states’ funds and incurring debts for their successors. Obi is also noted to be honest, unlike his contemporaries. He is the only governor in Nigeria who has rejected landed property allotted to him; another gesture that Nigerians have noted as an assurance that he is not seeking self-enrichment.

“As I have made it abundantly clear, my being the governor is by the grace of God & I believe FIRMLY that it is wrong to benefit from that. I became the governor because I wish to serve my people, and to do that devotedly, I believe I have to distance myself from undue privilege of the office,” Obi said in rejection of the property he was offered as a governor.

His campaign style is also said to be devoid of the norm. Obi is believed to have reintroduced issues-based campaigns into Nigeria’s political system, distancing himself from the regular trade of insults that have had Nigerians witnessed years of political campaigns characterized by bitterness. His manifesto has also been described as the best.

Those and other factors present Obi as a stark contrast to other front runners in the race, including Tinubu and Atiku, who have allegations of crimes and corruption trailing them. Accelerating his popularity is endorsement from prominent political figures in Nigeria, including former president Olusegun Obasanjo.

However, while the 61-year old has created a movement that millions of Nigerians, who are fed up with the present leadership, can reckon with, his journey to Aso Rock through Nigeria’s volatile political terrain is still very unpredictable. To many though, Obi has made his mark and should not be judged by whether he wins the February 25 presidential election or not. They believe that he has rekindled the hope of millions of Nigerians that a better future, free from the present leadership shackles stymieing prosperity, is possible.

New Naira Notes: Supervised Machine Learning and an Established Suffering Theater

0

The announcement of the new naira notes by the Central Bank of Nigeria to replace existing ones in 2022 was not the first time that the apex bank would introduce new currency notes or redesign them. From the military administrations to the democratic administrations that saw the need for the policy, Nigerians have had the opportunity to feel the negative and positive consequences of it. Flipping through the historical records, our analyst discovered that introducing new notes has never had such a negative impact on people’s and businesses’ socioeconomic activities as redesigning some of the existing notes had on Nigerian people and businesses.

According to historical records, in April 1984, when President Muhammadu Buhari was the Head of State, the colours of all banknotes in circulation were changed, with the exception of the 50 Kobo banknote, in order to combat currency trafficking that was prevalent at the time. As noted earlier, in 2022, the same policy was introduced under his leadership, with the deadline slated for January 31, 2023. The deadline, like the events of 1984, is unrealistic given the country’s cash economy as opposed to a cashless economy. To douse the uncertainties that surround the policy, the apex bank came up with the Frequently Asked Questions and Answers on the Naira Redesign [PDF]. This and other media campaigns from the bank and other players in the banking sector were less effective during the early days of the stated deadline. On several occasions and in various fora, the governor of the Central Bank of Nigeria, Godwin Emefiele, repeatedly said there was no room for extension of the deadline. Having seen the possible impacts of the CBN’s position on people and the economy in particular, the members of the National Assembly rose through their unanimous resolution and urged the Central Bank of Nigeria (CBN) to extend the deadline for the return of the old currency from January 31, 2023, to June 30, 2023.

Throughout this period, the meaning of “deadline” was constantly constructed and negotiated among the state and non-state actors. As a result, it was difficult for all actors to agree on a single definition for “deadline,” while citizens who rely heavily on cash transactions experienced a variety of difficulties. Regardless of gender or income level, purchasing necessities and paying for medical expenses were difficult. From Kano to Aba and Ilorin to Sokoto, Nigerians cannot engage in their daily business activities. Like how the Nigerian military and other security forces developed and executed different special security missions to ensure the security of lives and property in some parts of the northern and southern regions, Nigerians were made to play and dance with pythons despite having money in banks.

State and non-state actors, throughout the period of negotiating and constructing meanings for the deadline in relation to the CBN’s proposed benefits, used Nigerians, according to our analyst, as a training dataset to teach models capable of establishing different theatres of suffering, as stated earlier. Our analyst notes that this is the first time one can easily detect how the government through the apex bank applies supervised machine learning, testing the possibility of politically-motivated ‘artificial intelligence’ in monetary policy in Nigeria. The use of machine learning in public policy is not new, especially in the global north. However, in our analyst’s view, machine learning driven by political motives a few days before general elections is much more dangerous to the collective well-being of the people the political leaders say they are protecting.

The CBN and some political actors primarily used machine learning as a material for forming sedimented meaning for having the new notes as solutions to vote-buying and ransom payments for kidnappers and terrorists. In this context, hegemonic meanings were created for the identified solutions without considering the possible sufferings that people would experience. Our analyst notes that the machine is supposed to be used to aggregate and coordinate people towards adopting appropriate processes for an easy swap of the old currencies with the new ones.

Instead, supervised machine learning as a materiality in various contexts divided the country into different antagonistic camps during the period of negotiating the deadline and constructing meanings for the essence of the policy. Our analyst identified cabals in the presidency versus APC’s presidential candidate team, APC’s presidential candidate team versus opposition political parties [PDP and LP], citizens versus cabals in the presidency, citizens versus APC’s presidential candidate team, citizens versus opposition political parties, citizens versus commercial banks and citizens versus operators of point-of-sale outlets camps. Before the Supreme Court’s judgment, which restrained the Federal Government from suspending the acceptance of the old Naira notes on the February 10, 2023 deadline, actors in these camps ensured that Nigerians had different kinds of suffering.

Here’s Why Avalanche, Chainlink, And Big Eyes Coin Will Lead the Next Big Bull Run In Cryptocurrency

0

The bull season is profit season for crypto traders. However, it’s not as simple as it sounds. There may be plenty of profit flying around, but you’ll enjoy these gains depending on the coins you buy. To get the best out of the coin market, you’ll need to fill your bags with the frontrunners of the good news in the crypto market. But that’s the real problem. How do you identify the crypto tokens that will do well in the bull season? That’s what this piece is all about.

We’ve identified three tokens with the potential to do well during the next bull season. This piece will review the unique characteristics of these tokens. So let’s delve into Avalanche, Chainlink, and a new meme coin, Big Eyes Coin.

Avalanche (AVAX): Smart Contract Creation And Multiverse Offering

Avalanche is a direct competitor with the world’s second-largest cryptocurrency – Ethereum. This means Avalanche can create smart contracts too. Developers can decide to use these smart contracts for their projects. However, Avalanche is designed to focus on scalability and speed. Therefore, transactions on Avalanche are considerably faster.

Avalanche has an impressive blockchain that can process thousands of transactions per second. As an open-source project, anyone with the right skill can change the blockchain. This project has a strong governance model. This model determines how quickly coins are printed. There’s a maximum supply of 720 million AVAX. Avalanche users also vote to determine the gas fees of the network. There are numerous incentives for whoever wishes to join the project. What’s more? AVAX tokens are worth a few dollars on the crypto market.

Chainlink (LINK): Offering Cross-Blockchain Solutions

Chainlink is one of the most unique projects in the coin market. Chainlink’s utility will allow users to connect blockchain and non-blockchain processes. Chainlink will be the middleware that will connect external data with blockchain data. Today, it’s possible to connect external data, such as stock prices and sports scores to the Chainlink blockchain.

Chainlink can do what many crypto projects can only dream of. As a result, the project will be continually sought after. This cryptocurrency uses a technology known as the decentralized oracle layer or blockchain abstraction layer. Users can have their computations on-chain and off-chain. Chainlink’s working mechanism supports hybrid smart contracts.

Chainlink is an impressive project that’s hosted on Ethereum’s network. This cryptocurrency relies on a proof-of-stake protocol. Users will be allowed to deposit their tokens on this network. You will be rewarded LINK for your stake here. Rewards are dependent on the total amount staked with the blockchain.

Big Eyes Coin (BIG): Meme Coin Offering Utility And Functionality As Well As Cuteness

Big Eyes is the latest meme coin to gain mainstream popularity. When you look at how Big Eyes operates, it’s clear that this cryptocurrency is committed to redefining the meme sector. The first interesting thing you’ll notice about this token is its cat-themed approach. Big Eyes uses a cute feline approach. This cat theme is applied to the token’s logo and graphics.

Aside from Big Eyes’ attractive approach, there are some other interesting aspects of the token. Like other top-rated meme coins, this project is a community-based cryptocurrency. As the community grows stronger, the demand and value of this project will increase. Big Eyes benefits from a close-knit community that’s only committed to the growth of the token.

Also, Big Eyes has a fairly smaller maximum supply than other meme coins. There are 200 billion BIG tokens available worldwide. The development team will release 80% of this supply during the launch. The presale has done very well and raised $24.5m. Big Eyes development team is committed to protecting their project. They will lock the initial liquidity of the cryptocurrency for two years.

 

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Losses On Aave (AAVE) And ApeCoin (APE)? Analysts Pick Orbeon Protocol (ORBN) For Gains

0

Every investor wants to add profitable cryptocurrencies to their investment portfolios. Some of them have chosen Aave (AAVE) and ApeCoin (APE), however, many veteran investors have sidestepped them and chosen Orbeon Protocol (ORBN) – a venture in its early stages (stage 7 of its presale) which could see a rally during 2023.

>>BUY ORBEON TOKENS HERE<<

Aave (AAVE)

Aave (AAVE) is a decentralized crypto loan service for ERC-20 tokens. With smart contracts in its corner, Aave (AAVE) helps make the lending process fast and automatic.

During the last week, the V3 version of Aave (AAVE) was released, bringing new security upgrades to the platform. The new Isolation Mode will help Aave (AAVE) integrate new assets without endangering the network.

This release was met with praise from the Aave (AAVE) community resulting in the coin price soaring by 6.8% in the past week. Aave (AAVE) is currently worth $86.59 with a market cap of $1.2B. But can Aave (AAVE) manage to maintain this trajectory? Experts predict no, as bears could make the coin drop to $76 during 2023.

>>BUY ORBEON TOKENS HERE<<

ApeCoin (APE)

APE is the native coin of the ApeCoin (APE) ecosystem, which can be utilized as a governance and utility token. The ApeCoin (APE) token was inspired mainly by the wildly popular Bored Ape yacht Club (BAYC) initiative.

With a 24-hour low of $5.59 and a 24-hour peak of $5.77, the current cost of ApeCoin (APE) has decreased by 0.05% over the last day. In contrast, the trading volume of ApeCoin (APE) has gone up, with a 7% increase overnight. ApeCoin (APE) is currently ranked 31st in market cap on the CoinMarketCap charts, as it possesses 0.187% of market cap dominance.

The sentiment around ApeCoin (APE) is currently bearish, with many indicators showing sell signals. Prominent analysts see ApeCoin (APE) as a risky asset that may only bring short-term gains.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN)

The blockchain-based, worldwide investment platform called Orbeon Protocol (ORBN) enables up-and-coming businesses to quickly and effortlessly interact with global investors to raise necessary finance.

Orbeon Protocol (ORBN) will accomplish this by underpinning equity into fractionalized NFTs which investors can then purchase partially for just $1. This process is much simpler and quicker than traditional crowdfunding methods, as companies will gather funds from a larger pool of investors. Moreover, through Orbeon Protocol (ORBN), companies may attract a community they may not have been able to in the past – the crypto community.

Blockchain technology will play a significant role in the Orbeon Protocol (ORBN) ecosystem as smart contracts will help cut expenses, increase trust and create a better environment for all parties involved.

ORBN, the native coin for the Orbeon Protocol (ORBN) ecosystem, will be the means of payment throughout the platform, providing holders with many benefits like reduced fees, governance and more. The presale for Orbeon Protocol (ORBN) has been a success as the coin has surged by 1675% since its starting price of $0.004 and is currently worth just $0.071. 

With a chance of becoming a blue-chip coin predicted to reach $0.24 soon, investors are very excited to see what developments await Orbeon Protocol (ORBN) in 2023.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register