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Home Blog Page 4834

The Buhari’s Last Budget for Nigeria

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First, thank you Nana Kwame for the commentary on the Ghana Cedi piece. I like it when the community comes with ideas instead of mindless emotions (at the comment section here ).

For the second part, Aliko Dangote has to work harder on his image before Nigerians. When you have a company which pays the most taxes and yet whenever someone posts to highlight that achievement, and fellow citizens throw verbal attacks, it is not a sign of respect. My post on Dangote Group’s amazing tax numbers has not gone well with many on my Facebook page 

Then the final one: this is Buhari’s last budget for Nigeria. He has a deficit of N10.78 trillion. We hope May 29 2023 can come faster. Yes, we just lost and wasted 8 years of national development. I cannot feel anything catalytic or transformational which has happened in the last 7.5 years?  I am hoping that Atiku, Tinubu or Obi will run away from these records. They called it the Budget of Fiscal Consolidation and Transition. Consolidating what? National grid failures, insecurities, universities on strikes, Japa Economy…what?  Read the full text of the budget here 

Breakdown of Nigeria’s 2023 Federal Budget – Budget of Fiscal Consolidation and Transition

Scenario Mapping for Resilient Business and Personal Economy at Tekedia Institute

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One of the greatest surprises when I started work as a banker was this: the university system prepared me on how to manage resources for companies but did a very poor job on how I could manage my own personal resources. In FUTO, we studied great topics in Engineering Management like  Engineer Turns Manager, Managerial Accounting, etc. In all those domains, everything was on how to optimize resources for the employer (yes, the company). But none for the village boy’s Personal Economy. That is why at Tekedia Institute, we have courses on Personal Economy Management because you need that knowledge also especially during this time.

Yes, the indicators are everywhere: there is a high risk of massive economic upheaval. Look at the US stock market, look at inflationary elements across economies, look at global energy prices as Russia remains sanctioned, look at the political stasis in Nigeria on currency deterioration, and feel global hunger, triggering banditries, riots and breakdowns of order. People, the global economy is going through a huge redesign; PREPARE.

Tekedia Institute works hard to provide practical knowledge to our learners. Join us today for “Scenario Mapping for Resilient Business and Personal Economy”.

NOTE: Today is the last date to join this current Tekedia Mini-MBA edition; begin here .

Moshnake Pre-sale Gains Popularity as Binance Coin and Raydium Begin Correction

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The cryptocurrency market has suffered greatly from the bear market in 2022. However, as the industry recovers with coins like Binance Coin (BNB) and Raydium (RAY) taking the lead, brand new tokens like Moshnake (MSH) are set to launch.

Binance Coin (BNB) and Raydium (RAY) already have a lot going on for them, and we’ll explore them briefly in this article. However, Moshnake (MSH) is still developing, but it is already raising a lot of optimism as it begins its pre-sale. We’ll also discuss what to expect from this brand-new crypto project and other details. Let’s get into it.

An Overview of the Binance Coin

Binance Coin (BNB) is the base cryptocurrency of the Binance exchange. The Binance exchange, which is the largest crypto exchange in the market, enables investors and traders to transact using its BNB coin. This coin originally ran on the Ethereum blockchain, but it is now recognized as the native coin of the Binance ecosystem and used across its chain of services.

Interestingly, BNB performed impressively before the crypto crash in 2022 and more than doubled its value from the beginning of April 2021 to the middle of January 2022.

Binance Coin (BNB) also has other great utilities, which explains why users are stuck on it. You can use it to pay for various things online, such as gift cards, cryptocurrency credit card bills, entertainment, travel, and more.

Moreso, the platform is still keeping up with its token burn practice to reduce the coins in circulation and boost prices. It is also looking into other possible ways to serve its users better.

Binance Coin (BNB) is one of the many projects recovering well from the crash. It is expected to bounce back in no time.

Raydium’s Promising Return

Raydium (RAY) is a Solana-based automated market maker (AMM) and liquidity provider built for the Serum decentralized exchange (DEX).

Unlike other AMMs, Raydium (RAY) offers on-chain liquidity to a central limit order book. This means that money deposited into Raydium (RAY) is processed into limit orders placed on Serum’s order books. As a result, Raydium (RAY) LPs have access to Serum’s order flow and existing liquidity.

The protocol has a native token, RAY, used for several purposes, including staking to earn protocol fees, receiving IDO allocations, and voting on protocol decisions.

The token has struggled through the crash and is currently showing bearish signs. There could be a turnaround for RAY in the coming bull run.

Why Moshnake’s Presale is Trending

Moshnake is a new Play-to-Earn (P2E) token building on the Binance Chain. It is a community-driven project aimed at bringing back the classic and legendary Snake gaming experience.

The project introduces NFTs to the good old game, requiring players to own at least one of the Moshnake NFTs: Viper, Mamba, Krait, and Cobra. Players can enjoy game modes where they simply move their snake to eat eggs and pick up other collectibles in the game arena.

However, the game allows for team combats where you can form groups of twos and fours to play. You can also access additional entertainment options within the ecosystem.

You’ll need the platform’s Venom (VEN) token to play the game, but its Moshnake (MSH) token will be used for transactions and governance.

Its pre-sale has already begun, with token prices selling for considerably less than what they could be when Moshnake (MSH) finally launches. This could make sense if you are looking for cryptocurrencies that could give you massive returns.

Conclusion

All fingers are not equal in the crypto space. The recovery rates of Binance Coin and Raydium (RAY) compared with those of some other cryptocurrencies clearly depict this fact.

However, you can never go wrong with a potential token’s presale, as you could multiply your money massively when you invest right.

Check out these links for all you need to know about Moshnake (MSH).

Website: https://www.moshnake.io/

Pre-sale: https://www.moshnake.io/how-to-buy

Twitter: https://t.me/MoshnakeOfficial

Dogecoin, Shiba Inu, and Big Eyes Coin – Three Meme Coins That Can Yield Massive Profits In The Ongoing Bear Market

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Meme coins are a category of cryptocurrencies recognizable for their fun-loving nature and similarity to popular Internet memes and events. They are also notable for possessing immense utility and increasing value rapidly in the market. It is a quality that makes them valuable assets in the ongoing bear market. At the height of the meme coin frenzy, Dogecoin (DOGE) and Shiba Inu (SHIB) made many of their owners overnight millionaires.

Due to the bear market, crypto investors are forced to move more cautiously within the industry. We look at three meme coins that could yield massive returns in the current climate. Dogecoin (DOGE), Shiba Inu (SHIB), and Big Eyes Coin (BIG).

Dogecoin (DOGE) – The Father of Meme Coins

Dogecoin (DOGE) is an industry-leading cryptocurrency that originated as a joke to poke fun at the cryptocurrency industry. However, it quickly grew to possess a large following of loyal enthusiasts and inspired a new category of cryptocurrencies based on popular Internet memes and events. Much of Dogecoin’s growth is down to the efforts of popular crypto enthusiast and Tesla CEO Elon Musk. The token witnessed its first surge in value after Mr. Musk called it his favourite cryptocurrency on Sunday Night Live. Since then, it has become one of the industry’s biggest cryptos. Dogecoin (DOGE) is a top ten cryptocurrency, according to CoinMarketCap, and a pioneer of the meme coin movement.

Like most cryptocurrencies, Dogecoin (DOGE) runs on its dedicated blockchain, using a proof-of-work consensus mechanism. The token is said to surpass Bitcoin (BTC) and Ethereum (ETH). Dogecoin (DOGE) is available on several crypto platforms, such as Binance.

Shiba Inu (SHIB) – Not just another Meme Coin

Shiba Inu (SHIB) is an industry-leading meme coin that runs on the Ethereum (ETH) network. Like Dogecoin (DOGE), Shiba Inu (SHIB) is inspired by popular internet memes. It is the second-largest meme coin by market cap, and its success has inspired many copycats within the industry, such as Shibavax, Captain Shibarrow, and more.

As an industry-leading meme coin and an Ethereum (ETH) based asset, Shiba Inu (SHIB) has stock on several top crypto platforms within the industry, such as Binance, Coinbase, and FTX.

What is Big Eyes Coin (BIG)?

For some time now, the upcoming meme coin, Big Eyes Coin (BIG), has dominated the crypto news headlines within the cryptocurrency industry. The token is one of the most anticipated cryptocurrencies this year and looks like a valuable asset in the current climate. Already in the third stage of its presale, Big Eyes Coin (BIG) has raised over $3.791 million and is on course to surpass its team’s $20 million limit.

With impressive features, such as a massive supply and an exciting roadmap, Big Eyes Coin (BIG) is attracting interest from several crypto regulars in the industry. It could be a valuable long-term cryptocurrency investment for struggling investors in the current climate. See more information on the Big Eyes Coin (BIG) by following the links below.

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Big Eyes Coin Could End The Reign of Ethereum

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Despite the bearish trend, the crypto market keeps expanding. New tokens are released every day to serve different purposes while making life easier for investors. The Big Eyes (BIG) presale has been making waves across the whole cryptocurrency industry, especially now that people are aware that projects are most profitable during the pre-launch phase. With the new giveaway announcement made by the developers, it has become significantly more alluring and may now draw users from competing namecoin communities.

We will examine the tokens most at risk from this scenario in this piece, particularly Theta Network (THETA) and Ethereum (ETH).

The Age Of Ethereum (ETH)

The debut of the Ethereum (ETH) blockchain took place in 2015. It was hailed as the first of the new blockchain generation, promising greater adaptability and useful features than the networks that were previously in place. In contrast to previously existing cryptocurrencies like Litecoin (LTC) and Bitcoin (BTC), which were primarily used as a medium of value exchange, Ethereum (ETH) developed a protocol that effectively provides a whole financial ecosystem. Smart contracts, which developers may utilize to build more complicated applications, are a significant part of Ethereum’s (ETH) influence on the cryptocurrency world.

The primary platform for DeFi at the moment is Ethereum (ETH), which has developed and expanded to become the second-largest cryptocurrency in the world. The coin’s market value rose from when it was first introduced in 2015 and was trading between $0.40 and $1.80. The token witnessed a dramatic spike in value when it reached $10 in January 2017; by the summer of the same year, it had significantly increased to $341. By the end of 2018, Ethereum (ETH) had risen to $1345 in price. Prior to the crypto market’s decline, 2021, Ethereum reached an all-time high. Ethereum currently has a market capitalization of around $244 billion and is worth $1,220.

One Small Leap For Kittens, One Big Leap For Cat Kind – Introducing Big Eyes Coin (BIG)

Big Eyes Coin (BIG)is one of the newest meme coins. This brand-new cryptocurrency, which is scheduled to go live somewhere in 2022 and is based on the Big Eyes the cartoon cat, intends to unite people into a community. People will be able to buy non-fungible tokens (NFTs) with cryptocurrency in addition to purchasing, selling, holding, and trading it. It has the ticker BIG even though it hasn’t been traded publicly yet.

Big Eyes (BIG) is a full-on community token with the sole purpose of transferring money into the [decentralized finance] DeFi ecosystem and safeguarding a crucial component of the global ecosystem, according to the platform’s whitepaper. Big Eyes Coin (BIG) seeks to differentiate itself from other meme coins by using the influence of online word-of-mouth. The platform aims to focus on the important aspects of the cryptocurrency ecosystem and provide solutions to them while helping its community members gain massively. Its presale is one of the signs of its wide acceptance and adoption. The project has been able to gain about $3 million. Joining the presale at this stage comes with loads of incentives and giveaways. So, don’t be left out!

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL