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Big Eyes Coin Expects Price Pump Upon Launching IDO, As Stellar and Cardano Target Bullish

By
TI Partners
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0

Big Eyes Coin (BIG) is hyped to become the next biggest meme coin in the market. It understands its onus and is already raising huge figures over presale. Big Eyes Coin is also set to launch by the end of the presale stages—more than $2.8 million has already been raised in the stage one presale, with the stage two presale coming to an end soon.

You could join the moving train and one of the fastest-growing meme token communities in the industry by simply participating in the presale with as little as 1 USDT. We’ll learn more about Big Eyes Coin in this article.

In the other news, Stellar and Cardano are two other cryptocurrencies targeting a bullish uptrend like Big Eyes Coin. We’ll also see more on this in this piece.

What Stellar’s Bullish Move Could Mean For Hodlers

Of course, a happy season. The crypto winter has dealt a huge blow to crypto traders, and everyone with one crypto asset or another is hyped for the next bull run. Stellar bullish moves would mean more profitability for its community.

Stellar is an open-source decentralized network offering digitized banking services that include the transfer of digital money across borders using its native cryptocurrency, $XLM.

Stellar (XLM) has been in a tight-range position since hitting a bottom in May 2022. Its tight range has been around $0.098 low price level. Anything below the aforementioned price level could mean a potential bearish market. However, analysts have predicted a potential shoot that could result in a moon season in the market for the $XLM coin.

Cardano (ADA) Is Also Targeting Bullish, Here Is Why

The Vasil upgrade is around the corner, and Cardano’s community and traders are expecting a bullish market. Cardano has been one of the best-performing blockchain networks in 2022. It is logical to find it among the top-performing cryptocurrencies also.

Cardano has been on the radar of institutions and corporations, after its founder, Charles Hoskinson was called to table a report on blockchain technology and its impact on our ecosystem.

The Ouroboros network is already gaining huge interest and traction from investors and traders across the globe. There is a possibility that Cardano could hit $1 in the anticipated bullish trend.

The Vasil Upgrade Cardano’s community development/growth could spark a potential increase in the coin’s value in the coming crypto summer.

Big Eyes Coin (BIG) Could Launch Publicly Sooner Than Later

At the beginning of the piece, we said a little about Big Eyes Coin and its ongoing presale already making waves in the industry. Well, it’s nothing far from the truth; Big Eyes Coin has all it could take to disrupt the crypto market.

After the presale, there would be a launch on Uniswap. Before the launch, you might not want to miss out on the presale price which gives you the opportunity to own more than 5,000 units of the Big Eyes Coin for as little as 1 USDT. What’s more, you get to become part of its fast-growing community and stand a chance to be a decision-maker in the ecosystem.

Learn more on Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/?section=buy

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

The Ascension of eNaira as Flutterwave Integrates it for Merchants

By
Ndubuisi Ekekwe
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1

This is the beginning of the rise of eNaira, and I commend the Central Bank of Nigeria for understanding the economics of digital business. Yes,  in the mobile internet space, supply does not offer the full leverage because that ecosystem is governed by the construct of abundance.

In other words, there are many alternatives to any digital service and because of that ubiquitous nature of service supply, winning moves to platforms which control demand: “Today, the empire builders are those that control demand. This is possible because digital supply is unbounded and unconstrained, making it largely not a factor.” Indeed, the most important feature in LinkedIn or Facebook is that we’re all here – and if you go and create a clone, without the demand, the service offers not much.

In Nigeria today, Flutterwave is  the category-king. It has the merchants and users and can use those to deepen most products and services. Now that it has brought eNaira into its mega universe, many merchants will adopt the digital currency. The friction is gone and CBN can now expect higher adoption. 

Africa’s leading fintech, Flutterwave, has announced the onboarding of Nigeria’s Central Bank Digital Currency, eNaira, onto its platform. The payment company said merchants on its platform can now accept eNaira payments.

Flutterwave offers a series of services using different methods which include bank transfer, cards and Barter by Flutterwave. The company has been adding other payment services as it grows. Earlier, fintech announced that it has secured a Switching and Processing license from the Central Bank of Nigeria (CBN), to offer transaction switching and card processing services to customers. Other services include agency banking and payment gateway services.

Of course, this does not mean that it is automatic. As in all products, there needs to be a value proposition which eNaira has to offer to me. I am not sure I have seen it yet. Indeed, whether it is paper Naira, momo Naira, Naira in wallet, or eNaira, most people are more concerned on how to make more Nairas than the form of Naira they have.

Flutterwave Onboards eNaira for Merchants in Nigeria

By
Samuel Nwite
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0

Africa’s leading fintech, Flutterwave, has announced the onboarding of Nigeria’s Central Bank Digital Currency, eNaira, onto its platform. The payment company said merchants on its platform can now accept eNaira payments.

Flutterwave offers a series of services using different methods which include bank transfer, cards and Barter by Flutterwave. The company has been adding other payment services as it grows. Earlier, fintech announced that it has secured a Switching and Processing license from the Central Bank of Nigeria (CBN), to offer transaction switching and card processing services to customers. Other services include agency banking and payment gateway services.

Onboarding eNaira is another bold step that will likely boost the use of the digital currency. Since it was launched last October, the CBDC has struggled to gain wide adoption. The CBN governor Godwin Emefiele said last month that the eNaira had only recorded 840,000 downloads with 270,000 active wallets comprising 252,000 consumer wallets and 17,000 merchant wallets accounting for N4 billion transactions since its launch.

With this adoption, Flutterwave merchants can enable the eNaira payment option on their dashboard for their customers’ use.

“With our new adoption of eNaira as a payment method on Flutterwave, we’re enabling various payment methods to merchants and their customers to ensure everyone has access to payment solutions that work for them. Flutterwave will continue to strive to be at the forefront of innovation as we develop and implement new solutions to facilitate global payments for our customers,” Olugbenga GB Agboola,  Founder and CEO of Flutterwave, said.

By being on Flutterwave’s platform, eNaira now stands a chance of being exposed to be adopted by more merchants and users, and Flutterwave sees an opportunity to bring thousands of eNaira users to its platform.

Flutterwave provides technology, infrastructure, and services to enable global businesses, payment service providers and Pan-African banks to accept and process payments on any channel (Web, Mobile, ATM & POS). The company currently operates across Africa, Europe, North America, and other emerging markets by providing a suite of payment tools that enable over One million businesses accept payments from their customers anywhere in the world in over 150 currencies, including the Naira and eNaira.

Recently, Flutterwave took the first step to get listed on the New York Stock Exchange. Although this has come on the heels of many hurdles, including allegations of fraud and malpractices in its key markets, the $3 billion company’s recent moves, including the acquisition of licenses from the central bank, indicate that it is not bothered.

Featuring the eNaira is Flutterwave’s latest push to expand its offering as Nigerians are increasingly adopting the digital currency.

“We’re the payment solution that strives to allow individuals and businesses with various payment needs and requirements to do business, easily. The eNaira feature is important for the merchants and customers because it offers an alternative payment method that many users find seamless. It’s a key update to Flutterwave and we continue to look out for opportunities like this to improve our offering to our range of customers,” Azeez Oluwafemi, Senior Vice President, Products and Design said.

When would you organize a Tekedia Institute hangout in your city?

By
Ndubuisi Ekekwe
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0

Across Africa, more cities are hosting Tekedia Institute‘s Learners Hangout. We began this online, but the mission is spreading and waxing like the baobab tree, from one city to the other, independently organized by the community. When would you organize a Tekedia Institute hangout in your city?

Our impact is huge: the Bank of Industry has put more than $2 million into ventures of our members. Many have gone to raise capital by turning their Homework into companies.

We have celebrated promotions and ascensions. Just 3 weeks ago, I personally spoke with a Facebook HR  to recommend a young man who did an amazing Homework in our school. It turns out that Facebook saw the same thing and took action. As they tried to reach me, Arinze Onyeasigbulem alerted me. Today, he is a Meta (Facebook) program manager. You master the physics of business management and leadership in our school.

To all our Learners, #thank you. You look amazing on those t-shirts. Thank you.

Nigeria Missing Out On Global Oil Boom

By
Ojukwu Emmanuel
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0

Following the rise in global oil prices, it is reported that Africa’s largest crude oil producer Nigeria has continued to miss out on the rare global oil boom opportunity.

Crude oil prices have for months stayed above $100 per barrel in the international market, a development rarely seen, ironically, it has not led to any positive impact on the Nigerian economy.

Unlike many oil-producing countries, this is an interesting time for them, as they are gaining excessively from the current oil boom.

Last month, the Director of Nigeria Employers Consultative Association (NECA), Mr. Wale Oyerinde, disclosed that Nigeria can’t benefit from the global surge in crude oil prices due to the burgeoning cost of subsidies on petroleum products in the country.

He further disclosed that until the country had significant alternative sources of foreign exchange and starts exporting more than they import, revenue challenges might continue to linger.

See what he said;

“We acknowledge the revenue challenge currently faced by the nation. As it is well known, a major quantum of Nigeria’s foreign exchange comes from crude oil sales.

“Unfortunately, the price of crude oil is not within our control and we are not even meeting our quota of crude allotted to us by OPEC by about 600bpd.

“While the price of crude went up as a result of the Russia-Ukraine war, we were not able to benefit revenue-wise because of the bourgeoning cost of subsidy of petroleum products.

“Until we have significant alternative sources of forex (non-oil), export more than we import, and reduce wastages, revenue challenges might continue for a while.”

It is disheartening that during this period when the country should be raking millions and billions of dollars from the oil boom, it continues to borrow massively in spite of what ordinarily should be a boom period for the economy and foreign exchange inflow.

The country has the challenge of having to buy petroleum products for use because it does not have functional refineries, which eats into the revenues it would have otherwise realized.

Despite its huge oil reserves, Nigeria has one of the lowest production per capita among oil-producing countries in the world, producing less than a barrel per 100 people.

Unlike its oil-rich counterparts, Nigeria seems to be lagging as other oil-producing countries are making excessive gains during this period.

Due to the global oil boom caused by the Russian-Ukraine war, Saudi Arabia is now so rich from the global oil boom that the country is planning a new futuristic city called Neom in the desert reaches along the Red Sea.

For every USD 10 rise in the price of a barrel of oil, Saudi Arabia stands to make an additional USD 40 billion a year.

Research by Mitsubishi UFJ Financial Group (MUFG) in February showed that Gulf Cooperation Council (GCC) countries are likely to see a GDP surge of 6.1% in 2022 on the back of increased oil prices, as well as fiscal surpluses for the first time since 2014.

The GCC consists of Saudi Arabia, Oman, United Arab Emirates (UAE), Kuwait, Qatar, and Bahrain. But meanwhile, Nigeria has continued to struggle to even meet her OPEC quota.

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