Nigeria Orders 20 Aircrafts in Preparation for the Launch of Air Nigeria in December

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October 22, 2022

In preparation for the launch of Nigeria Air in December, the federal government has ordered 20 new aircrafts, Nigeria’s Aviation Minister has said.

The national carrier has so far received nine aircrafts, but the minister, Hadi Sirika, who disclosed the development on Friday during a meeting with the Speaker of the House of Representatives, Femi Gbajabiamila, assured that the rest will be delivered as soon as possible and that the airline will start operation by December.

However, the national carrier, which has lingered for long, raised fresh issues that Gbajabiamila said they need clarifications.

“The issue of the national carrier is very important. It is something we are all paying attention to. We just want to make sure we get it right. There have been some misgivings. Some issues have been raised. But there are issues that need clarification,” he said.

Sirika, who had earlier assured that Nigeria Air will begin operation as soon as approval is given, said that President Muhammadu Buhari at the just concluded ministers’ retreat gave a marching order to ensure that the goal was achieved.

“When I came in as a minister, we didn’t arrogate to ourselves knowledge and wisdom. We believe in the stakeholders on whose behalf we are servicing. Having been made minister, I came out with a road map which in my little wisdom will help transform civil aviation in Nigeria.

“I ran it through the system within the ministry and we commissioned some consultants to conduct a market survey and see where we are as an industry at that time. We set out to concession our airports not to privatize but to concession the airports.

“We also set out to put a proper airline the size, capacity, dynamics and the population and the markets and the complexity of the nation, Nigeria and also set out a leasing company and develop the cargo terminals and so on,” he said.

Sirika also explained that some legislative adjustments are needed to pave way for a profitable national carrier.

“When I came to the House of Representatives, I found out that the Act that was signed by Jaja Nwachukwu in 1963 was the Act that we were using charging pounds and shillings in 2003. We hurriedly, as we were departing in 2007, got the civil aviation passed in 2006 with some imperfections.

“There were some important ones. Roadmaps and to God be the glory that today we have done what we thought is good as an act. So, all these roadmap items are private-sector-led and driven. It’s intended to do the framework and the foundation and steer it in such a way that it will be beneficial to the people and make it a private sector initiative to which the government has some interests, understanding the civil aviation in value addition, improving the GDP and jobs.

“The national carrier is in the works and we have advanced significantly just yesterday, Mr President in concluding the retreat has directed that this airline must work between now and December. And it will work by God’s grace.

“We have ordered 20 brand new training aircraft that use petrol. So far nine have been delivered. All these in the national carrier efforts,” he stated.

The Nigerian Air is one of the most controversial undertakings of Buhari’s administration. The revival of a national carrier is largely considered to be of no economic benefit to Nigeria as it is expected to fail.

But Sirika said the national carrier, which is only five percent-owned by the government and 45 percent-owned by Ethiopian Airlines, gives every Nigerian the opportunity to become stakeholders in the aviation sector.

Barclays Exits Africa, a highly competitive banking market

By

Ndubuisi Ekekwe

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October 22, 2022

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Barclays, a British banking giant, has exited the African market after selling its remaining 7.4% stake in Absa, a South African bank. It made a voyage into Africa about a century ago. While many interpret it that Barclays wants to refocus in the UK, Europe and the US, my thesis is simple: the African banking market is super-competitive for it. So, over the years, it has been cutting its footprints, including selling investments.

In the US, I do not have a banking app. Why do I need to install a bank app? To do what? The web app works perfectly and new innovations can only add marginal value. In other words, the system cannot be radically changed easily. But in Nigeria, changes happen quickly and can get a bank off the chart.

Diamond Bank pioneered mobile banking, it is no more. GTBank invented the web app banking, but that seems mundane when you look at the current numbers. My point is this: the rate of adoption of new technologies in Nigeria is so much that anything can happen.

In that world, a bank with a British gene which like the US does not need that level of transformation will struggle. Refocusing means you are not doing well in your current place. Do not take for granted the changes which are happening in African banking. You cannot afford to sleep.

In the US, I am not aware of any USSD banking. And even if someone does it, it will not mean much since in the grand scheme of things, it would not add much value. But in Nigeria, if you do not have it, you would be scoring an own-goal.

Yet, for all the competitions in African banking, it is merely transactional. The real spirit of banking – lending – besides keeping deposits, must be elevated for banking to hold its space as an enabler of economic wealth.

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Comment 1: I agree. Banking in Africa is very competitive for traditional banks like Barclays to survive. Recall that in years gone, Barclays used to be an elite club, where you had to have someone with an account there refer you before you could open an account; this was the case at least in Kenya. Then came Equity Bank, and all the other banks that liberalised the financial landscape in Kenya and Africa, by providing access to everyone, including that initially forgotten street vendor. The African banking landscape is indeed very competitive for some of these western institutions to survive without a shift in mindset.

Comment 2: The transactional value of the African value as you noted does not amount enough that would motivate Barclays to remain in Africa.
We only hope that our banks would up their activities to what actual banks are supposed to be doing like in the US, EU and UK.

Comment 3: Barclays exited the partnership they had with Absa. Barclays is still in the African market, this time they are going it alone.

My Response: Maybe but even from your link, it does not seem so. You may still see Barclays logo but I am not sure. Check “Absa Group Limited’s Barclays-branded subsidiaries operate in seven Sub-Saharan African countries including Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania, and Zambia.” Logic has it that if it has exited ABSA, that means it cannot claim ownership of those subsidiaries since they are owned via ABSA even though it is paid a fee for the use of its trademark, etc. If A owns 7% in B and B controls d, e, f, g. If A sells its portion in B, it cannot claim to own those d, e, f, g even though they operate with its trademark. Sure, I may be wrong but nothing in your link shows it is still expanding in Africa!

Investors are racing to Toon Finance Presale as TAMA DOGE and SHIB all see a dark day

By

TI Partners

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October 22, 2022

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The Toonie Rocketship Takeover

Toon Finance the new meme coin with a fierce vendetta to make it to the top coin on charts this week as presale buyers dive in. Media outlets around the world have been covering the story and what they have found is that this coin has a use case and it is getting a lot of attention.

With the markets being so dry lately investors are looking for a place to go and we have just that place, Toon Finance is the hottest meme coin on the block right now with the coin project building their new DEX platform that is going to be an exciting feature for all of those ethereum and meme coin lovers out there.

Toon Finance Presale Selling out Fast

Toon Finance is in their first round of presale and it is already selling like hotcakes with investors racing in from all over the world to have their very own piece of the Toonie pie. TFT is a new coin project that has a total supply of 1 billion tokens which half will be sold for presale and the other half will be for decentralized exchange pairing post launch.

For now the only way to purchase these rare coins is to go directly to the Toon.Finance website buy page and connect your wallet and boom trade your eth for tokens. It is that simple, it is so simple that an infant could do it.

No seriously my mom bought some. Join the Toonie team and be a part of the Toon Army today where the community is family according to their website and anyone can join them as they climb their way up to the moon.

Toon Finance NFT

Toon Finance is also releasing a collection of 10,000 unique and one of a kind NFTs that will be on the ERC721 blockchain. The Toonie team also announced on social media that they will be having an NFT airdrop giveaway in which anyone and everyone can be a part of. Market experts have been saying that the art for this project is definitely going to be tough to compete with. It is spot on for all those meme coins and NFT lovers out there. If you liked Doodles and Bored Apes you will definitely like The new Toonies that are coming out. You can find Toon Finance located on CoinMarketCap or Crypto.com which are two major platforms for the crypto currency industry.

Dogecoin Price Falls as Investors Lose Faith in the Meme-Based Cryptocurrency

Data from CoinMarketCap DOGE

Dogecoin was once seen as a joke cryptocurrency, but it gained a large following and had a market capitalization of over $2 billion at its peak. However, the price of Dogecoin has been falling in recent months as investors have lost faith in the meme-based currency. Let’s take a closer look at what’s going on with Dogecoin and why the price is falling.

What is Dogecoin?

Dogecoin is a cryptocurrency that was started as a joke in 2013. It is based on the “doge” meme, which features a Shiba Inu dog. Dogecoin has a large and loyal following, and it was once one of the most popular cryptocurrencies. However, the price of Dogecoin has been falling in recent months.

Why is the Price Falling?

There are several reasons for the falling price of Dogecoin. Firstly, many investors believe that the currency is overvalued and that it does not have any real use cases. Secondly, there has been a lot of negative press surrounding Dogecoin in recent months, including allegations of insider trading and pump-and-dump schemes. These factors have led to a loss of faith in Dogecoin among investors, which has caused the price to fall.

What’s Next for Dogecoin?

It remains to be seen what will happen to Dogecoin in the future. The currency could rebound if the negative press surrounding it dies down and if investors start to see it as undervalued again. However, it is also possible that Dogecoin could continue to fall as investors lose faith in it completely. Only time will tell what will happen to this once-popular meme-based cryptocurrency.

The price of Dogecoin has been falling in recent months due to a loss of faith among investors. There are several reasons for this, including negative press and concerns about the currency’s value. It remains to be seen what will happen to Dogecoin in the future, but it is possible that it could rebound or continue to fall depending on investor sentiment.

TamaDoge The new Doge on the block

TamaDoge the new Dogecoin that came out earlier this year and made a name for themselves however in the recent weeks the coin price has fallen over 400% from its peak. Is this the end for the supposed new Dogecoin?

Only time will tell. Crypto memecoin market experts have said that TamaDoge may end up being a hype coin and could be surpassed by upcoming coins like Toon Finance that actually have a resourceful use case in the meme crypto world. Toon Finance is the new meme coin that is based around cute and cuddly cartoon characters that has been appearing everywhere throughout the media.

Our market experts have said that Toon Finance is set to be the largest meme token presale of the year shooting for the moon and already raising 2 million in the first week of their presale. So what is next for the new pup?

TamaDoge released an NFT project recently that has gotten some volume however nothing compared to what our crypto analysts expected. After further research and analysis we have concluded that Tama is most likely going to be passed up by the upcoming meme coins that are all over billboards already. The meme coin game has really become a profitable industry with over 1 trillion dollars being tossed around the market. Investors are flocking in and making thousands and some making millions of dollars from a small early investment whether it is presale or getting in right when the coin launches.

It is not quite over yet for the old TAMA pup that talks about releasing the TAMA pet game which is basically a spin off of the Tamagotchi pet that originated in Japan. The markets will continue to turn and burn some making it to the top before the new year and some falling. We will see as time continues what else the world has in store for the new meme coin.

Shiba Inu Coin: The Dogecoin Killer?

Price Data from CoinMarketCap SHIB

Shiba Inu coin (SHIB) is a cryptocurrency that has been getting a lot of attention lately. SHIB has been dubbed the “Dogecoin killer” by some in the crypto community due to its similar Dog theme. However, there are some key differences between the two coins. In this blog post, we’ll take a look at what Shiba Inu coin is, how it works, and whether or not it has what it takes to dethrone Dogecoin.

What is Shiba Inu Coin?

Shiba Inu coin is a cryptocurrency that was created with the Dogecoin community in mind. The coin was created as a parody of Dogecoin and shares many similarities with the popular meme-based cryptocurrency. However, there are some key differences between SHIB and DOGE. For one, SHIB has a much higher total supply (1 quadrillion compared to DOGE’s 100 billion). This could make SHIB more attractive to investors who are looking for a coin with more upside potential. Additionally, SHIB has a much lower market cap than DOGE (currently $6 billion compared to DOGE’s $50 billion). This could make SHIB more volatile and therefore more attractive to traders looking for quick profits.

How Does Shiba Inu Coin Work?

Shiba Inu coin utilizes the Ethereum blockchain and is therefore an ERC-20 token. SHIB can be stored in any wallet that supports ERC-20 tokens such as MetaMask or MyEtherWallet. The SHIB token is used to power the ShibaSwap decentralized exchange which allows users to trade SHIB and other ERC-20 tokens.

Will Shiba Inu Coin Kill Dogecoin?

It’s hard to say. While SHIB does have some advantages over DOGE, it remains to be seen if those advantages will be enough to make SHIB the new king of meme-based cryptocurrencies. Only time will tell.

Shiba Inu coin (SHIB) is a cryptocurrency that has been getting a lot of attention lately. SHIB has been dubbed the “Dogecoin killer” by some in the crypto community due to its similar Dog theme. However, there are some key differences between the two coins. In this blog post, we took a look at what Shiba Inu coin is, how it works, and whether or not it has what it takes to dethrone Dogecoin. While SHIB does have some advantages over DOGE, it remains to be seen if those advantages will be enough to make SHIB the new king of meme-based cryptocurrencies. Only time will tell.

Toon Finance Protocol | Telegram | CoinMarketCap | Toon Finance Coin Presale

Toon Finance raises over 2.5M Racing Past up DOGE SHIBA BABYDOGE ELONDOGE

By

TI Partners

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October 22, 2022

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Toon Finance exploding through presale

Toon Finance coin races to the top of presale charts after raising over 2.5 million in presale. The coin project is releasing their new DEX swap which will include multiple features with an extremely user friendly platform.

The Toonie team announced they will be having an NFT giveaway where they will airdrop 1,000 NFTs out of their collection of 10,000 for its first 1,000 users. The team is very excited to announce the new DEX drop that is shaking up the crypto game with media outlets everywhere from Japan to Brazil covering the unique one of a kind story.

Toon Finance Tokenamics

Toonie tokenamics make up a total of 1 billion coins which 50 % of the supply will be sold during presale. Toon Finance is also building a DEX swap platform in which users will be able to use the tokens on the Play to Earn Battle Grounds.

The team is keeping things completely decentralized and they will offer a wide range of options as far as staking, play to earn and more. Join the toon team today where anyone and everyone can be a part of the next 1000x meme coin.

Market Analysis

Market experts have been researching the latest meme token ICO drops and what they have found is that Toon Finance is one of the most spoken about crypto ICOs on the internet right now with countries all over the world swooping in to get in on the presale action. The team is very active on social media and so far everyone is saying that they have been completely transparent. You can even join Telegram and chat with the developers.

ElonDoge and the Road to Mars

Dogecoin started as a joke in 2013 but has since grown into one of the most popular cryptocurrencies in the world. Now, there’s a new project on the block that is taking the Dogecoin community by storm: ElonDoge. So, what is ElonDoge? Keep reading to find out!

What Is ElonDoge?

ElonDoge is a project that aims to use Dogecoin and blockchain technology to help fund the colonization of Mars. The project is named after Elon Musk, the founder of Tesla and SpaceX, who has been a vocal supporter of Dogecoin in recent months.

How Does It Work?

The project works by minting non-fungible tokens (NFTs) that represent different aspects of Mars culture. These NFTs can be bought and sold on secondary markets, with the proceeds going towards funding the colonization of Mars.

Why Is This Important?

This is important because it shows that Dogecoin and blockchain technology can be used for more than just speculation. The ElonDoge project is using these technologies to raise money for a cause that could potentially have a huge impact on humanity.

The ElonDoge project is an ambitious undertaking that could potentially have a huge impact on humanity. It remains to be seen whether or not the project will be successful, but it is certainly an intriguing use case for Dogecoin and blockchain technology.

What Is Dogecoin?

Dogecoin (DOGE) is a cryptocurrency that was created as a parody of Bitcoin in 2013. It features a Shiba Inu on its logo and has become popular due to its light-hearted approach to cryptocurrency. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Tesla CEO Elon Musk has tweeted several times about Dogecoin, calling it his favorite coin.

What Is Meme Cryptocurrency?

Meme Cryptocurrencies are a digital or virtual currency that uses cryptography for security. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Dogecoin was the original meme coin which means the coin was created originally as an internet joke and became one of the most recognizable coins in th esoa

How Is Dogecoin Mined?

Dogecoin is mined using a proof-of-work system. miners verify transactions on the Dogecoin blockchain and are rewarded with DOGE for their work. The current block reward is 10,000 DOGE. Dogecoin will eventually transition to a proof-of-stake system in which users who hold DOGE will earn interest on their holdings.

What Is the Price of Dogecoin?

DOGE Price Data CoinMarketCap

The price of Dogecoin (DOGE) is $0.0534 as of May 4th, 2021. It has a market capitalization of $7.4 billion and a circulating supply of 138 billion DOGE.

Dogecoin (DOGE) is a popular cryptocurrency that was created as a parody of Bitcoin in 2013. It features a Shiba Inu on its logo and has become popular due to its light-hearted approach to cryptocurrency. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia.

Tesla CEO Elon Musk has tweeted several times about Dogecoin, calling it his favorite coin. Dogecoin is mined using a proof-of-work system and will eventually transition to a proof-of-stake system in which users who hold DOGE will earn interest on their holdings. The current price of Dogecoin (DOGE) is $0.0534 with a market capitalization of $7.4 billion and a circulating supply of 138 billion DOGE.

What Is SHIBA INU (SHIB)?

SHIBA INU is a token that was created as a parody of Dogecoin. It was created on the Ethereum blockchain and has since become one of the most popular tokens in the cryptocurrency world. Unlike Dogecoin, which was created as a serious project, SHIBA INU was created as a joke. However, despite this, SHIBA INU has gained a large following and has become one of the most traded tokens on decentralized exchanges.

What Is SHIBA INU?

SHIBA INU is a token that was created as a parody of Dogecoin. It was created on the Ethereum blockchain and has since become one of the most popular tokens in the cryptocurrency world. Unlike Dogecoin, which was created as a serious project, SHIBA INU was created as a joke. However, despite this, SHIBA INU has gained a large following and has become one of the most traded tokens on decentralized exchanges.

The token is named after the Shiba Inu dog breed, which is popular in Japan. The face of the Shiba Inu dog is often used in meme culture and this is what inspired the creators of SHIBA INU to use it as the logo for their token.

SHIBA INU has no team or development roadmap. The token was launched via an initial coin offering (ICO) in August 2020 and raised over $6 million worth of ETH. There is no central authority controlling SHIBA INU and anyone can contribute to its development.

SHIBA INU’s primary use case is for tipping content creators on social media platforms such as Twitter and Reddit. The token can also be used to pay for goods and services online but there are currently very few merchants who accept it.

What Gives SHIBA INU Value?

SHIBA INU does not have any intrinsic value like gold or silver but it does have some utility as it can be used to tip content creators on social media platforms or to pay for goods and services online (although there are very few merchants who accept it at present).

The price of SHIBA INU is also driven by speculation as many investors believe that the price will increase in future due to the growing popularity of the token.

Currently, 1 SHIBA INU is worth $0.00001337 and it has a market capitalization of $1,526,971,811 (at time of writing).

Overall, what gives value to SHIBA ISLAND are things like speculation by buyers in its future potential price increase due to popularity, and utility in tipping or paying for goods/services (although very limited). At present 1 TOKEN = $0.00001337 with a Market Cap = $1,526,971,811 USD .(these prices could rapidly change)

BabyDoge Vs Toon Finance

BABYDOGE Coin Price from CoinMarketCap

Baby Doge has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans of the Doge Meme online community.

Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness.

He is Hyper-deflationary with static reflection that rewards holders, so more baby doge coins are being automatically added to your wallet each transaction. Simply Love, pet, and hold as 5% from each transaction is automatically redistributed to baby doge holders.

Baby Doge was created as a joke with a mission to help spread awareness of animal adoption.

What is BabyDoge?

BabyDoge is a new cryptocurrency that was created by fans of the Doge Meme online community. The coin is a fork of Dogecoin and was created with the intention of improving upon the original coin’s transaction speed and adorability. BabyDoge is aHyper-deflationary coin with static reflection, which means that holders are rewarded with more coins each time a transaction is made. 5% of each transaction is automatically redistributed to BabyDoge holders. The coin was created as a joke but also has the mission of helping to spread awareness about animal adoption.

How Can I Buy BabyDoge?

BabyDoge can be bought on several popular cryptocurrency exchanges, including Binance, Kucoin, and Gate.io. The coin is also available for purchase on decentralized exchanges such as Uniswap and Sushiswap.

Should I Invest in BabyDoge?

As with any investment, there are risks involved in buying BabyDoge. The price of the coin is highly volatile and could drop significantly in value at any time. However, some investors believe that the coin has potential due to its improved transaction speed and deflationary nature. As always, it is important to do your own research before investing in any cryptocurrency.

BabyDoge is a new cryptocurrency that was created by fans of the Doge Meme online community. The coin seeks to improve upon the original Dogecoin’s transaction speed and adorability.

BabyDoge is hyper-deflationary with static reflection, which means that more coins are automatically added to your wallet each time a transaction is made. The coin was created as a joke but also has the mission of helping to spread awareness about animal adoption. Before investing in any cryptocurrency, it is important to do your own research and understand the risks involved.

Toon Finance Protocol | Telegram | CoinMarketCap | Toon Finance Coin Presale

As UAE (Dubai) Imposes Visa Ban on Nigerians, Nigeria Must NOT Accept It

By

Ndubuisi Ekekwe

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October 22, 2022

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Victory has relations, vanquish is an orphan, notes an ancient African axiom. As Nigeria fades due to economic mismanagement, the world has decoupled in many ways. The US embassy has turned off its visa website for weeks now. The UK has a bigger high voltage searchlight as it sieves the few allowed. But check, you are on your own.

The United Arab Emirates has stopped the issuance of visas to Nigerians. In a statement, Destination Management Companies (DMCs) which manages issuance of visas said: “All Previously submitted Applications are currently on hold. Kindly note this is beyond our control . We will update Once visas start getting Approved”.

Hopefully, our villages will find new visitors (with prepaid negotiations with bandits). Do not blame Dubai (UAE) for its call; we have extremely bad young people who are damaging our reputation and discrediting the amazing work Nigerians in the UAE are doing.

With that said, UAE must not be allowed to discriminate on the basis of national origin. If it wants to be taken seriously as a modern nation, it has to have a filter and not execute a blanket ban on Nigerians! I call on the Nigerian government to challenge this illegality. A visa ban based on national origin is illegal under the UN Charter.

United Arab Emirates Bans Issuing of Visas to Nigerians

Nigeria Orders 20 Aircrafts in Preparation for the Launch of Air Nigeria in December

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