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Home Blog Page 4623

Big Eyes Coin, Uniswap and Tron Make Their Mark

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The cryptocurrency industry is in a bear market. That much is no news to anyone who has been paying close attention to the space over the course of the last six months. The entire situation began when crypto markets crashed alongside global financial markets, and at that time, it was evident that the industry would endure a bumpy period. Six months down the line, the cryptocurrency industry is still struggling with the events of the summer and is currently battling the longest bear market in its history.

Within the industry, however, members of the cryptocurrency industry continue to carry out their daily activities, such as trading and investing. Even though the effects of the bear market, particularly extreme market volatility and negative prices, make it difficult to perform these activities, crypto regulars are finding innovative strategies and creative ways to rectify the situation. An example is the use of long-term cryptocurrency investing, a crypto investing strategy that allows tokens to vest for a long period and accumulate massive profits.

It is evident that long-term cryptocurrency investing is the ideal solution to the current woes within the industry. Three Cryptocurrencies that would make an excellent investment in the current climate. Here’s all you need to know about Big Eyes Coin (BIG), Uniswap (UNI) and Tron (TRX).

Uniswap (UNI) Creating A Safe Space

Uniswap (UNI) is an industry-leading decentralized trading protocol. Like most members of the Decentralized Finance (De-Fi) space, Uniswap (UNI) is a platform that provides feasible solutions to several shortcomings within the cryptocurrency industry and among decentralized exchanges, particularly efficiency and liquidity concerns. All around the cryptocurrency industry, Uniswap (UNI) is notable for providing an ideal and accessible environment where users can easily trade and interact with De-Fi tokens and all other crypto asset types within the industry.

Its native cryptocurrency, UNI, is central to all operations within its ecosystem, including network governance, user interaction and payment fees. As one of the most popular cryptocurrencies within the industry, UNI is listed on several prominent crypto platforms, such as Binance and Coinbase.

Tron (TRX) Putting Ownership In Your Hands

Tron (TRX) is a notable decentralized blockchain-based operating system within the cryptocurrency industry that seeks to provide complete ownership rights to makers of digital content and demolish the current hierarchy that sees intermediaries possess all the power. Tron (TRX) encourages content creators who receive only a small part of their income by providing them with more rewards for their work. Tron (TRX) also supports smart contracts, various kinds of blockchain systems, and decentralized applications (dApps).

Its native cryptocurrency, TRX, is central to all crypto operations within its ecosystem, such as network governance, user interaction, payment fees and rewards.

Big Eyes Coin (BIG) Rises To The Top Of The Cryptosphere

Big Eyes Coin (BIG) is an upcoming meme coin that will greatly impact the cryptocurrency industry in a positive way. The token is an integral part of an initiative that seeks to champion the cause of blockchain technology adoption within the cryptocurrency industry. It introduces several new use cases and real-life applications for meme coins. It is a token that does not require transaction taxes, making it ideal for all kinds of crypto operations, particularly trading and investing.

Big Eyes Coin (BIG) is has currently hit $9 million. This feat is causing members of the crypto community to take notice of the coin, and from all indications, it could be a valuable asset. For more information on the Big Eyes Coin (BIG), click here.

Use code BIGPRIZE06 for bonus tokens.

Use code BLACKFRIDAY50 for discounts. Available from Friday 25th November.

Watch this video for more info on this incredibly exciting new coin.

Big Eyes Coin (BIG)

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Tekedia Mini-MBA Graduation Ceremony [video]

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The video of the event

 

It’s Graduation Day at Tekedia Mini-MBA. You’re invited. Our Learners are #ready2lead.

In this graduation ceremony, Lead Faculty of Tekedia Institute, Ndubuisi Ekekwe, will deliver a graduation message titled  “Building Category-King Companies and Winning in Business”. Here are the details:

  • Graduation Lecture: Building Category-King Companies and Winning in Business
  • Date/Time:  Sat, Dec 3 | 7pm – 8.30pm WAT
  • Presenter: Prof Ndubuisi Ekekwe
  • Zoom Link – here

Join us.

Cancel Culture and Its Ritualistic Practice in the Digital Age

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In recent times, being on the Internet has been a mixed opportunity for negotiating compliance with and challenging acceptance of the norms and values, similar to what is available in the physical sphere, where people are expected to create, abide by, and be challenged for violating specific norms and values of a community. While people in the physical sphere can only be rebuked for violating existing norms and values in confined spaces, the emergence of new technologies has shifted the restrictive nature of correcting cultural and moral violators to a more widespread arena, where the targets are easily criticised with the intention of holding them accountable for their actions.

Aside from having cancel culture as the central concept, which is the calling out of prominent people or celebrities on social media platforms based on their violation of norms and values, scholars have also used cancelling, cancelled, and cancelation at various points of explaining the main concept. Cancelling, according to various sources, means a constant rebuke of cancel culture targets. This happens most often when the issues being used to cancel the targets are still fresh. Cancelled, on the other hand, represents the consequences of canceling, which could be a loss of followers and/or fans or a loss of promotion deals by the targets. Cancellation is defined as “a ritualistic practice of publicly negotiating and performing structural tensions.”

Cancel culture creation and management

It is also important to understand that cancel culture cannot exist unless celebrities or stalkers are the creators of the content that sparked it. Kanye West, for example, was recently blocked by Instagram and Twitter for antisemitic posts that the social networks claimed violated their policies. While the providers of social networking sites appear to be protecting the public’s right and safeguarding their businesses, canceling from fan perceptions of interpersonal slights or insults resonates with West’s case. Kanye West’s post drew a lot of backlashes from his fans, and top companies suspended various promotion deals as a result.

In other words, fans frequently judge celebrities for their misbehavior. While Kanye West was unlucky to have fans who supported him in his actions, Tiwa Savage, a Nigerian popular singer whose sex video tape was recently leaked by a stalker, had fans who supported her. Fans accused the stalker of exposing her private life and infringing on her sexual rights. In the case of Kanye West, some scholars have described it as anti-fan activism, which typically emerges as a result of sexual and racial discrimination. In both cases, it means that celebrities’ private and legal “inactions” may be met with more supportive fan activism than actions aimed at demoralizing a specific race or group.

Sustainability factors and its consequences

Our analyst observes that in recent years, emerging technologies have served as a conduit for cancel culture around the world. Because of the lack of “immediate gatekeepers” associated with legacy media, it is a culture that pervades all digital platforms. In Nigeria, for example, bloggers are known for publishing gossip or fake news about celebrities in order to incite rivalry, and fans are fond of calling out social media influencers whenever government officials fail to provide an enabling environment for the youth to thrive. As a result, what mainstream media cannot report is covered and disseminated by popular media.

When one examines cancel culture from various angles and cases, it is clear that there are winners and losers. Celebrities may benefit when it is initiated by them for reasons known to them but unknown to the general public. When this occurs, the gain could be mixed – having more followers, targets apologizing, and refocusing attention on solving social problems, which has been described as “attention economy.”

According to the Nigerian cases, cancel culture is being amplified by social media and is effective in addressing some social causes. In the case of Tiwa Savage, for example, fans heavily used Facebook, Twitter, and Instagram to positively frame her. This was also achieved in a negative pattern in the case of Ronke Raji, a social media influencer, who was accused of failing to use her platform to amplify the voices of young people.

This, according to our analyst while making reference to some scholars, is a threat to the foundation of liberal discourse within democracies (a set of witch hunts). As a result, in the name of canceling people for not doing what is “normal,” they are being denied their freedom of free speech in a digitalized world where the owners of technologies for initiating and practicing culture are also struggling with accepting morality and accountability construction by users of others.

The Nigeria’s Unity Schools Cut off Marks for Each State – Abia 130, Yobe 2

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What a nation: “candidates from Abia State were required to score [to be admitted into Federal Government Colleges in Nigeria] 130, Anambra State -139, Delta State -131, Enugu State -134, Imo State -138, Lagos State -133, and Ogun State -131. And candidates from Kebbi State were given -2 and 20, Taraba -3 and 11, Yobe -2 and 27, and Zamfara State -4 and 2 for males and females respectively.” BusinessDay

–Unity Schools Cut off Marks for 2022 for Each State

Abia – 130

Adamawa – 62

Akwa-Ibom – 123

Anambra – 139

Bauchi – 35

Bayelsa – 72

Benue – 111

Borno – 45

Cross River – 97

Delta – 131

Ebonyi – 112

Edo – 127

Ekiti – 119

Enugu – 134

Gombe – 58

Imo – 138

Jigawa – 44

Kaduna – 91

Kano – 67

Katsina – 60

Kebbi – 9 (male) 20 (female)

Kogi – 119

Kwara – 123

Lagos – 133

Nasarawa – 58

Niger – 93

Ogun – 131

Ondo – 126

Osun – 127

Oyo – 127

Plateau – 97

Rivers – 118

Sokoto – 9 (male) 13 (female)

Taraba – 3 (male) 11 (female)

Yobe – 2 (male) 27 (female)

Zamfara – 4 (male) 2 (female)

FCT Abuja – 90

I have read most of the comments online on these cut-off marks. Largely, most are missing the real deal: the UBE and broad funding of basic education in Nigeria are designed per student. In other words, resources are evenly distributed. What that means is that if governors in Yobe are producing students that need a score of 2 to be admitted when Abia students need 130 on the same per student budget, it is fair to ask ICPC and EFCC to get the Yobe governors to explain how they spend the funds.

Sure, the Abia kid is a victim here since 129 will not offer a space when someone with 2 gets in. Yet,  if you look deeper, the practical victim is the kid from Yobe. Statistically, you are more likely to get better outcomes in a group of the Abia kids than the Yobe’s because from the score of 2, nothing is happening there. Why is the national assembly not doing a hearing  on this?

Nigeria must not allow this imbalance to happen where these kids get no value despite the evenly distributed resources. I find it offensive that someone will score 2 to attend a school where another kid needs to score 130, and no one is challenging the underperforming governors to explain what is happening.

Comment on Feed

Comment: Before I air my view on this Nauseating topic, let me expose my identity.

I am Dr. JOSEPH DIVINE ANDESANGKWAB, FROM THE NORTHERN STATE OF TARABA State. I started primary school sometimes in 1994 in my remote hamlet of Jenuwa kogi in taraba state. I proceeded to government day secondary school kwambia, latter I joined Excel Model secondary school in Wukari, Taraba State.

I got six distinctions in my WASCE and scored 286points in jamb. I arrived at Nnamdi Azikiwe University Awka for post UME where I scored 76%. I was admitted to study medicine and Surgery which I did for a period of six years.

Now, let mw get back to the topic. I have never supported anything bad and I can’t support this ugly evil against our country. Pupils from the South East States are made to score excess of hundred while those from the Northern parts are admitted with a paltry score of 2marks. There is no justification whatsoever for this kind of evil to prevail in our country. What the promoters of this nonsense scheme do not know is that, they strengthen other parts of the country academically and at the same time, pulling their own region backward. Sadly enough, the northerners are the ones stalling the progress of this country through their blind selfish policies of mediocrity . I wander what the elites in the North stand to gain by encouraging mediocrity. In a sane society, every child is exposed to the same challenge and they grow together in the struggle.

That the North is academically backward or disadvantage in their words, is artificial. They worked hard to make the North academically disadvantaged . If not, they would have allowed a level playing ground for every child.

No child is born with knowledge, but every child is born with potentials to acquire knowledge. We have some exceptionally brilliants kids from the North just as we have them in other parts of the country. But up here in the North, the kids are configured to be academically disadvantaged through these discrepancies in scores.

I am from the North, I have never chicken out to concede that I am educationally less developed than my colleagues in the classrooms at Nnamdi Azikiwe University.

When right policy and right training are in place, every child can learn and be good academically.

I still remember, when I was in primary three in the village, Almost everyone in the class could write and read. However, due to constant harmful policies of the elites or the Northern extraction, the situation has changed. In the same village those who are in SS3 can not even write their names now.

During our era, teachers were dedicated, discipline was high and pupils were serious. Anyone who failed was not allowed to move to the next class. So everyone strived to be good and pass at every level.

How can you convince a child to read when he knows that he needs only 2 out 400 points to move on?

Unless, Northern Nigeria wake up from slumber, the number of bokoharam, terrorists and bandits will keep increasing in the region. This is because, the standard at the primary and secondary school level in Northern Nigeria is that which can only breed bandits, terrorists and bokoharam.

I am a northerner!!!!

My Response: Great thesis. As I noted, the victims are the kids in the north, just as the ones in the south. Statistically, in life, you are better off in the south since that spirit to compete will work for you in other areas in life besides getting admission in a federal unity school.

Inheritance Law :- Personal Estate Representatives Under Nigerian Law

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As stated in my last article on inheritance law, securing estate succession and inheritance rights by way of a grant of Probate or a letter of administration requires first having a set of personal representatives recognized by law.

This article will be dealing with the topics of :-

– Who personal representatives are.

– Eligibility criteria for personal representatives.

– The types of personal representatives allowed under Nigerian law

– The duties of personal representatives

– The grounds for the removal of personal representatives

– Liabilities of personal representatives

Who is a personal representative?

A personal representative in Inheritance and Estate Succession Law is a person or corporation appointed and charged with carrying out the instructions of a deceased testator as contained in a will or disposal of assets in an estate according to the directions of law or a court where the deceased did not have a will, and  the administration of any residuary assets left in the estate of a deceased.

What are the types of personal representatives recognized by Nigerian law?

Personal representatives can be :-

– Executors named in a will.

– Administrators appointed by a Probate court

– A Trustee appointed by a will or a Probate court.

What actually happens where an appointed personal representative also dies?

Where a personal representative dies, his own personal representative becomes a representative of the original party that appointed the first representative. This chain of representation can only be broken by :-

– The first personal representative not having a will himself

– The failure of the first personal representative not naming an executor in his will

– The failure of the original personal representative to obtain probate of the will from the original testator.

Who is qualified to be a personal representative?

The following persons can be personal representatives –

  1. The Administrator-General of a State
  1. A partnership
  1. A Corporation
  1. Public Trustees
  1. Infants (subject to certain conditions)

What happens when an infant or minor is appointed as an executor in a will?

Such an infant will be unable to obtain a Probate grant or act as an executor until he reaches the age of adulthood, which means that in his place a temporary executor known as a Guardian ad litem will have to act.

When are Administrators to be appointed by a court?

Administrators are appointed when :-

– A person dies intestate (without a will).

– No executor is appointed in a valid will or the one appointed cannot take up the administration.

– Where there’s pending litigation on an estate left behind as a result of intestacy.

– Where an executor becomes mentally disabled. 

Who is entitled to act as an administrator for the purpose of securing a letter of administration?

The following persons are eligible to act as Administrators in the event of intestacy –

– Spouses married under the Matrimonial Causes Act

– Spouses married under Customary law

– Children of the deceased

– Parents of the deceased

– Full-siblings of the deceased  

– Half-siblings of the deceased

– Grand parents of the deceased

– Uncles and aunts of the deceased

– The Administrator-General of the state where the estate of the deceased is located

– Creditors of the deceased

What are the accounts to be maintained by a personal representative?

The accounts to be maintained by a personal representative are :-

– Inventories

– Accounts of Administration

– Vouchers with the executor or Administrators

– Affidavits of verification.

What are the guidelines for personal representatives in dealing with the estate of a deceased?

The guidelines for personal representatives are :-

– To maintain accounts in their proper format.

– To maintain separate bank accounts so as to prevent co-mingling of funds.

– To obtain receipts for all payments.

– To make payments out of estate accounts by means of cheques.

When can legal liabilities arise against personal representatives in the discharge of their duties?

Liabilities can arise against personal representatives in the following cases –

– For cases of waste by the personal representative.

– For taxes due on the estate managed by the personal representative.

– Where there is fraudulent conversion of the estate by a personal representative.

– For the Liabilities of co-personal representatives in the discharge of their duties.

What are the qualities of a personal representative?

A personal representative should be :-

– Willing and able to exercise professional skill in managing the estate.

– A person of integrity not inclined to profit from the estate.

– Young enough to survive a testator.

– A person without a conflict of interest.

– Literate and skilled enough to function in the capacity of a personal representative.

– Matured and able to work with other personal representatives.

– Familiar with the business of the deceased so as to avoid mismanagement and waste.

 Personal Representatives –  Guardians & Administrators

Pursuant to my last article on this subject matter, it should be noted that grants of representation can be either :-

General :- To cover all assets of the estate; or

Limited :- Restricted in terms of extent of purpose.

This article installment will be looking more at legal rules surrounding Guardians, Administrators and Executors as follows :-

What are guardians required for probate matters?

Where an infant is appointed as an executor he cannot perform in that capacity during his period of minority as a result of which probate will have to be procured by an adult known as a Guardian AD LITEM who will then be given a Grant Durante Minore which will empower him to act in the place of the infant during his minority years.

What does the law say about individuals who attempt to or actually administer and deal in the assets of an estate without a probate grant?

Such individuals, regardless of their relationship with the testator (except where they fall under the inheritance priority listing under various Administration of Estate Laws in Nigeria) would be legally classified as unauthorized meddlesome interlopers known in law as Executors De Son Tort.

Are named executors in a will under a legal obligation to act in that capacity whether they want to or not?

No they are not. Any executor unwilling to act in that capacity can reject his appointment via a process called a renunciation. This renunciation cannot be partial.

When exactly can an administrator be appointed?

An administrator should be appointed when :-

– A deceased dies fully or partially intestate.

– No executor is appointed in a valid will or the one appointed cannot take up the administration.

– There is pending legal action requiring the appointment of an administrator known as an ADMINISTRATOR PENDENTE LITE.

– An appointed executor becomes mentally disabled in which case an ADMINISTRATOR DURANTE DEMENTIA is appointed.

– An executor fails to complete an execution brief which may require that a probate court appoints an ADMINISTRATOR DE BONIS NON ADMINISTRATION.

What exactly is a double probate?

A double probate grant occurs where a willing executor named in the will is not able to act when the other executors got their grants , as a result of which he then applies later when an encumbrance or obstruction to his initial probate grant is removed. 

 

Editor’s Note: Inheritance law continues to evolve in Nigeria. For example, Abia State signed this into law.

Governor Okezie Ikpeazu has granted his assent to the Bill which guarantees the right of female persons to inherit and own property in their father’s family, thereby making it Law in Abia State.

It will be recalled that the Abia State House of Assembly passed the Bill some weeks ago to bring Abia State in conformity with international best practices in the area of eliminating all forms of discrimination against women.

While appending his signature on the Law, Governor Ikpeazu made it clear that his administration shall at all times lean on the side of reason and common sense in the discharge of its obligations to the people of Abia State, noting that it has become anachronistic to continue to treat women as second class citizens even in their own families.

The Governor thanked the State Assembly led by the Speaker for dredging up enough courage to pass this Bill which he described as historic, positively disruptive and capable of setting our society on the path of equal opportunities and sustainable development.

The Governor is of the firm view that this is about the most important legislation passed by the State House of Assembly.

He congratulated Abia women for this feat and assured them that the Abia State Government will continue to support them.

The proper citation of the Law is THE FEMALE PERSONS RIGHT OF INHERITANCE OF PROPERTY LAW, 2022, while the Long Title of the Law is “A Law to provide for the Right of a Female Person to Inherit and Own Property and for other Matters Connected Therewith”.

By this, Abia State has become one of the first states in Nigeria to have this Law fully in place.

The Honorable Speaker of the State Assembly, Rt Hon Engr. Chinedum Orji, the Permanent Secretary/Clerk of the State House of Assembly, Sir John Pedro Irokansi, PhD, Secretary to Government, Barrister Chris Ezem and the Chief of Staff to the Governor, Chief Okey Ahiwe witnessed the event.

Sir Onyebuchi Ememanka

Chief Press Secretary to the Governor.