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Big Eyes Coin, Quant, and Cronos: Loss-reducing Cryptocurrencies for Your Portfolio

By
TI Partners
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0

Adding cryptocurrencies with a high possibility of booming into your crypto portfolio drastically reduces your loss potential. These cryptocurrencies’ profitability covers any potential loss you may face, making them great portfolio additions. Many experts refer to them as safe investment options, but as always, identifying them can be daunting, as all cryptocurrencies in the market have a tendency to be loss-reducing crypto assets.

However, the varying level of profit potential in these crypto assets is a good discerning factor to separate the seed from the shaft. After due diligence, Big Eyes Coin (BIG), Quant (QNT), and Cronos (CRO) are some of the cryptocurrencies we recommend you should have as options. The Quant (QNT) and Cronos (CRO) may not be very popular among crypto investors, but their great potential could manifest fully in the new year, alongside that of Big Eyes Coin.

Quant (QNT) 

The Quant network’s main aim is to ensure secure connection and interaction between blockchain networks globally to facilitate interoperability without jeopardizing efficiency. The decentralized protocol utilizes the ‘Overledger DLT gateway’ technology to connect these numerous networks, irrespective of their distributed ledger technology.

The enterprise-grade operating system is revered as the first blockchain OS. It strongly supports enterprises, enabling them to easily integrate block technology into their operations for improved efficiency and streamlined workflow.

Quant allows users (businesses/developers) to develop decentralized multi-chain smart contracts/applications (MAPPs), allowing their dApps to utilize existing data and beneficial features of multiple platforms. This improves their functionality to customers. It’s impossible to build  Mapps without holding a specified amount of Quant’s utility token, QNT.

QNT facilitates all the activities on Quant and keeps it functional. It doubles as a crypto asset with about $1+ billion market capitalization and a current market price of $100+. QNT peaked around $420+ about a year ago but has shown great resistance to the crypto winter effect to remain within the $100 price region. The coming year could be much better for the cryptocurrency, as a steady pump from the current price is highly possible.

Cronos (CRO) 

Crypto.com is one of the leading crypto exchanges in the finance space. The trading and payment platform launched the Cronos chain to facilitate increased cryptocurrency adoption by making it seamless to access and trade with digital currencies and allowing users to enjoy first-hand benefits. Cronos chain is an important flagship project to Crypto.com powering its mobile payment app and other future products yet-to-launch.

Cronos token (CRO) functions on this chain. Token holders can stake their CRO on the Cronos blockchain to become transaction validators and earn income for processing transactions in the protocol. CRO backs rewards, incentives, and bonuses on the Crypto.com payment app, and it’s used to pay for transaction fees on the Cronos chain. Crypto investors could find the low-price crypto asset profitable, as it can experience the same run it had previously.

Big Eyes Coin (BIG) 

Big Eyes is edging the debate of the best new meme coin and could bring it to an end with its market success when it launches in the coming year. The community-back meme coin has enjoyed huge presale adoption as the developers put effective marketing strategies in place to increase awareness of Big Eyes features, attracting more enthusiasts.

Big Eyes will focus on building a strong community and a self-propagating ecosystem, contributing to the project’s growth. It will feature a valuable NFTs collection that will be important to holders and the community. The meme coin’s DeFi utility and other features put it in the discussion of the high-performing crypto assets in the coming year. You may miss out on high yield if you ignore the presale.

 

Join the presale:

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Between Tinubu and Obi at the CHATHAM HOUSE: How They Spoke and Stayed Silent on Critical Issues

By
Mutiu Iyanda
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2

The Chatham House invited Senator Bola Ahmed Tinubu and Mr. Peter Obi, the presidential candidates for the Labour Party and the All-Progressives Congress, on different days and in different years. The pair, who have been dubbed as two dominant contenders, have spoken at the House about their plans for Nigeria. Nigeria, national security, development, and policy were Senator Tinubu’s main discussion points. Peter Obi also discussed governance, leadership, development, and Nigeria.

According to Senator Tinubu, Nigeria’s electoral democracy carries the same weight as the democracies of the African countries with which she shares a border. In order to have credible elections, the country must conduct its general elections properly in 2023. This is essential in order to give the incoming president the ability and capacity to make difficult choices that will advance the country. He asserts that the more prosperous Nigeria becomes, the more prosperous the rest of Africa will be because Nigeria has long served as the continent’s main supporter. Peter Obi also claims that a number of irregularities were present in previous elections. As a result, the fraudulent electoral system has benefited presidents who have ruled the nation based on the results of recent elections. He claims that as a result, Nigeria is now a failing state. Senator Tinubu did not consider this position.

Senator Bola Tinubu believes that Nigeria has always developed its strategic policies and programs in accordance with the best international practices in order to improve the lot of the people at home. Despite his desire to help Nigeria take advantage of more global opportunities, Mr. Peter Obi’s speech does not adequately establish this.

According to Senator Tinubu, peace and stability cannot be achieved without addressing human needs by focusing on unity, integrity, sovereign independence, and means of subsistence. Mr. Peter Obi is also committed to pursuing economic and social policies that benefit people’s lives. Senator Bola Tinubu believes that, in addition to ensuring human needs and physical structure, an enabling environment must be provided for private sectors to thrive. His submission, however, suggests that he is likely to pursue neoliberal policies (see extract 11). This is also found in Mr Peter Obi’s speech, but his views on liberalism and communism are more than the neoliberalism ideological orientation.

Our analyst notes that Senator Bola Ahmed Tinubu is silent on bad governance and leadership. This is not to say that the problems do not exist, but he feels they are not important enough to bring up for discussion at the House. Mr. Peter Obi believes that solving the two main problems is necessary for meaningful and sustainable development.

Nigeria as Nodal Point in Bola Tinubu’s Speech

  1. Equally, there are also countries whose elections, on account of their weight and influence, carry wider implications way beyond their immediate geographical boundaries. Nigeria is one of such countries.
  2. …This is particularly important because the next president of Nigeria will have some tough choices to make and will not be able to do so with a questionable electoral mandate.
  3. For one, as Africa’s most populous country and the continent’s largest economy, it is generally acknowledged that the fortunes of the African continent and indeed the Black race is tied directly to the health of Nigeria.
  4. At the best of times, and with reference to its foreign policy orientation since independence in 1960, and since the end of its civil war in 1970, Nigeria has always crafted its domestic national security and economic development policies with some strategic foreign policy imperatives in mind.
  5. On the one hand, to prosper at home in peace and stability, Nigeria needs to uphold its national security, unity, territorial integrity, sovereign independence, and the safety and well-being of its peoples.
  6. On the other hand, to secure itself, Nigeria not only requires to build and enhance the capacity of its armed forces but also the welfare and wellbeing of its citizens.
  1. Nigeria shares direct land borders with four sister African countries with whose peoples Nigerians also share historical and cultural affinities.
  2. This effectively means that the relationship between Nigeria and its immediate neighbours is much more than just a geographical expression.
  3. To be fully secure at home, Nigeria has always believed it must be the brothers’ keeper. It was out of this understanding that Africa’s premier regional economic community, ECOWAS, was established in 1975. Uniquely, ECOWAS had embedded in its mandate, the promotion of regional economic integration as a good in its own right and in addition undertook sub-regional peace and security.
  4. As a first step, we must recalibrate domestic policy in order to revamp the foundation on which our quest to pursue human security At one level, this will mean the pursuit with renewed vigour of growth-promoting, employment-creating, and poverty-eradicating policies at home as outlined in my Renewed Hope 2023: Action Plan for a Better Nigeria that I recently released to the Nigerian public.
  5. We have privatised power distribution in Nigeria and generation to a certain degree. What we need to do, going forward, is to improve the enabling environment and further reform the legal and regulatory framework to attract more private investments in the sector as we have experienced in the telecom industry.
  6. Amidst the changes taking place in global order, the primary duty of leadership in Nigeria – and, I dare say, all of Africa – is how within a vision of national development that is transformative and a strategy of national security that is human-centred, foreign policy is crafted, shared to fit and feed national priorities of rebirth and accelerated progress.
  7. This is the task to which my colleagues and I have committed ourselves as part of a broader project of leveraging our national assets and natural endowments to nurture and project a renewed Nigeria that will be a responsible and respected driver of prosperity and harmony in Africa and around the world.

 

Master Investment Principles and Let’s Reverse: “The three richest men in Nigeria have more wealth than 83 million Nigerians”

By
Ndubuisi Ekekwe
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0

Tekedia Institute’s Learner-Managed Investment Fund and Portfolio Management program is designed to provide learners with hands-on experience in performing investment research, investing capital, and managing a portfolio during studies in Tekedia Institute.

he program is divided into core four phases – Investment Fundamental and Tools, Laboratories and Research, Investment Execution, and Lessons Learned. The first edition will begin on March 6, 2023 for 12 weeks (covers the first three phases), and about 6 months later, the learners will reconvene, for another 3 weeks (covers the last phase). Go here and register.

We invite you to join us and together we can reverse this bombshell data by Oxfam: The three richest men in Nigeria have more wealth than 83 million Nigerians. Yes, shared prosperity through elevation of all, by investing and providing opportunities to build new industries and market systems, even as you invest in things that can enable ordinary people to climb the wealth ladder.

Because the 1% cannot be expected to self-disarm, our option is to master their games, and take it to them. And that means, going after those opportunities as WE THE PEOPLE before they even know about them. Come and let us develop the wealth playbook of the new century at Tekedia Institute.

Oxfam in Nigeria on Monday announced that three of the richest men in the country are wealthier than 83 million Nigerians. […]

“The richest men in Nigeria have more wealth than 83 million Nigerians. The richest one per cent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 per cent of the world’s population, reveals a new Oxfam report today. During the past decade, the rich one per cent had captured around half of all new wealth,” Mr Ahonsi was quoted by Vanguard as saying.

[ ]

Meanwhile, Oxfam on Monday said that the world’s top one per cent grabbed nearly two-thirds of the $42 trillion in new wealth created since 2020.

In its new report released to coincide with the annual meeting of the World Economic Forum in Davos, Switzerland, the organization said the share was almost twice as much money as the amount obtained by the bottom 99 percent of the world’s population.

According to the report, titled “Survival of the Richest”, billionaire fortunes are increasing by $2.7 billion a day, while at least 1.7 billion workers now live in countries where inflation is outpacing wages.

The report noted that half of the world’s billionaires live in countries with no inheritance tax for direct descendants, putting them on track to pass on $5 trillion to their heirs, a figure that is more than the gross domestic product (GDP) of Africa.

Nigeria’s Central Bank Governor Appeals Court Judgment Ordering Him to Appear Over Contempt

By
Samuel Nwite
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0

The governor of Nigeria’s central bank, Godwin Emefiele, has appealed the judgment of an Abuja Federal High Court, ordering him to appear before the court on Wednesday, Jan 18, 2023, over his refusal to comply with a $53 million debt judgment involving the Paris Club refunds.

Justice Inyang Ekwo, in an application for garnishee made on October 20, 2022, ordered Emefiele to appear before the high court on the said date, following confirmation that the CBN governor is yet to honor an earlier judgment made by the court.

A Senior Advocate of Nigeria, Joe Agi, had filed an application against Linas International Ltd, the Minister of Finance and the CBN in a suit marked FHC/ABJ/CS/1193/2017. The suit is seeking an order from the court to the Inspector General of Police to arrest the CBN governor and bring him to court.

According to Daily Sun, Emefiele in his notice of appeal, which is predicated on three grounds and dated October 27, 2020, contended that the trial judge erred in law and occasioned a miscarriage of justice when it made an order compelling his attendance in court.

In his appeal, Emefiele argued that the appeals, marked CA/A/476/2018 between CBN V Joe Agi, SAN, & 2 others and CA/A/23/2020 between CBN V Joe Agi, SAN & 2, are appeals against the judgment the lower court is seeking to enforce.

In his argument, Emefiele’s counsel, Damien Dodo, said the proceedings to compel his client’s appearance after the appeals have been entered, place the trial court in a position where it is exercising concurrent jurisdiction with the Court of Appeal over the same subject matter.

He added that the trial judge erred in law which occasioned a miscarriage of justice when it compelled and ordered the central bank governor to personally appear in court without determining one way or the other, his application challenging the jurisdiction of the court.

Dodo reminded the appellate court that he had, on January 27, 2020, filed an application challenging the jurisdiction of the court as well as the service of forms 13 and 15 on him for non-compliance with the mandatory provisions of section 56, part IV, of the Sheriff and Civil Process Act.

He added that on February 22, 2022, the appellants jointly filed an application seeking to set aside the issuance and service of forms 13 and 15 on him, on the basis that the same ought not to have been issued during the pendency of the two mentioned appeals and the pending motions on notice for a stay of execution dated March 26, 2018, and July 11, 2019, respectively.

In further argument, Emefiele contended through his lawyer that the lower court erred in law occasioning a miscarriage of justice when it made an order compelling his appearance in court on January 18, 2023, when he is not a party to the suit before it.

Based on these arguments, Dodo prayed the appellate court to allow his appeal and set aside the orders made by the Federal High Court. The case has now been adjourned to March 20, 2023.

Ropay, Nigeria’s leading HR Startup, Unveils More Features for Employers

By
Ndubuisi Ekekwe
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0

Ropay, a Tekedia Capital portfolio startup, fixes frictions which every growing company has: people, payment and payroll. Yes, automate salaries, automate statutory compliance requirements, pay pensions and taxes directly, access reverse payroll features, track attendance, manage leave/vacation, etc in Nigeria. This business is growing rapidly because it is helping companies to outsource everything that has to do with people, payroll and payment in a smart way. Whether you have 2 staff or hundreds, Ropay is here to support you.

Go here and create a Ropay account; I will take care of the first two weeks of whatever the startup charges, provided you do so by Jan 25, 2023 . I truly want you to focus on your core business while Ropay takes care of the payroll+ matters. The startup has processed billions of naira worth of transactions (GTV) as CEO Adedokun Agunbiade and team continue to  innovate with new features to serve clients.

The pricing plan is super affordable.

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