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University In Canada Waives TOEFL, IELTS, And Other English Test For Nigerians Seeking Admission

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It is often a common requirement that international students are mandated to write TOEFL, IELTS, or any other English test to pursue higher education in Universities in Europe, most especially in USA or Canada.

However, there is a recent development for Nigerians seeking admission, as the Athabasca University which is a university in Canada, has excluded Nigeria from its list of foreign applicants who are mandated to write and pass any of the English tests before admission.

This waiver for Nigerians was implemented after Canadian-based Nigerian, Dr. Olumuyiwa Igbalajobi (Ph.D) wrote a protest letter to the university. The Athabasca university had to take heed to his demands by removing Nigeria from the list of countries to write International English language Testing System (IELTS), Test Of English As A Foreign Language (TOEFL), and other English tests before enrollment.

It is also interesting to note that Dr. Olumuyiwa who is a post-doctoral research fellow, has also achieved the same feat at the University of Alberta Canada. The university last month had to remove Nigeria’s name from the list of countries that must present proof of English test.

Although the University of Alberta had previously recognized some schools in Nigeria whose students do not need to write any of the English Tests. Dr. Olumuyiwa whose commendable efforts have drawn accolades from so many Nigerians disclosed that such rules mandating Nigerian students to write an English test before given admission were not proper.

He argued that students in Nigeria are taught English from Elementary School to Tertiary institutions, hence there was no need for any English test.

In his words, “From my lens of equality, diversity, and inclusion, this is just unfair. Nigeria is an English-speaking country and the mode of instruction from elementary to the tertiary institutions is in English. Subjecting applicants to another round of English tests is annoying. The financial constraints have also prevented a lot of applicants from giving a shot to most of these universities”. 

He further disclosed that it is not good that countries colonized by Britain are still being mandated to prove that they can speak the English language which makes no sense. Dr. Olumuyiwa has written to about 12 universities to date and vows to continue to identify universities with stale lists and those who wouldn’t recognize Nigeria as an English-speaking country.

This noble effort from him has no doubt brought about a huge sigh of relief among Nigerian students who have the intention of seeking admission to the aforementioned schools.

From inception, It has been mandatory that International students seeking admission in most schools in Europe are required to write any of the English tests for proof.

While this is good, it is imperative for these schools to have a nuanced approach towards these English tests, such that only students from non-English speaking countries will be mandated to write such tests, exempting students from English-speaking countries.

Unique Features Of Metatrader 4

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The MetaTrader 4 is a unique Forex trading platform with many amazing functionalities and features. It offers matchless trading and analytical technologies and other unique services. It houses everything you need for a successful Forex trading experience. 

MetaTrader 4 has unique features that make it stand out amongst other forex training platforms.

Trading System

The MetaTrader 4 trading system gives you the liberty to adopt complex trading strategies. MetaTrader 4 features fantastic tools that make trading flexible and convenient. These tools include:

  • 3 Execution modes;
  • 2 Market Orders;
  • 4 Pending Orders;
  • 2 Stop Orders and trailing stop.

You can try them out on the website.

Analytical Functions

The Analytical function of MetaTrader4 is one of its unique selling points and has the following tools:

  • interactive charts;
  • 9 timeframes;
  • 23 Analytical Objects;
  • 30 Technical Indicators.

With online quotes and interactive charts with 9 periods, you can observe quotes in detail and quickly respond to changes in price.

To simplify your task, you can use the 23 analytical objects and 30 built-in technical indicators. These are just one out of the many exciting features of the platform.

MetaTrader 4 has a free code base and built-in which provides a wide range of indicators making analytical options vast. When there are changes in the market, you can detect them easily with your analytical tools and respond in time.

Signals And Copy Trading

MetaTrader 4 offers you the opportunity to copy trades of other traders. All you need to do is to select a provider and subscribe to a signal; then, your terminal will copy the trade.

You can either subscribe to free or paid signals with high profitability and awareness of risk levels. Your part to play is simple, make your choice and leave the trading for MetaTrader 4.

The Market

The MetaTrader 4 platform has a built-in market where you can find an Expert Advisor or a technical indicator.

In this space, you can buy any of the numerous trading robots or indicators and also launch them on the platform. You have nothing to worry about concerning the purchase. It is simple, transparent, and secure.

As a Forex Trader who wants to make the most of his trading, MetaTrader 4 gives you the advantage you seek with no outrageous cost. When considering a trading platform to choose from, you don’t want to miss out on the amazing features of the MetaTrader 4.

China Fines Didi Global $1.2 Billion, Ending Regulatory Probe

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Last year, Didi Global, China’s ride-hailing giant that dominantly eclipsed Uber in the Southeast Asia markets, got into the wrong book of the Chinese authorities. The company had just listed in New York Stock Exchange before regulators opened investigation into its operation over alleged gross wrongdoings.

Chinese regulators had asked Didi to delist from the New York Stock Exchange after 26 of its apps were removed from domestic app stores mid last year.

For more than a year since the probe began, Didi has been under the weather, losing billions of dollars in investment funds. Didi’s ordeal, which was part of larger China’s regulatory crackdown on its tech industry, impacted investors’ confidence. Many now shy away from the Chinese market.

However, the embattled ride-hailing giant has got a reprieve though not without a heavy punch.

The SCMP reports below that the Cyberspace Administration of China (CAC) has imposed a fine of 8.026 billion yuan (US$1.2 billion) against Didi for data violations, putting an end to a year-long investigation into the Beijing-based company.

Senior executives Will Cheng Wei and Jean Liu Qing were each fined 1 million yuan, the regulator said in a statement on Thursday.

Authorities did not say whether Didi’s apps, 26 of which were removed from domestic app stores in July 2021, would be restored.

Didi said on its Weibo account on Thursday that it fully accepted the regulator’s decision and would rectify its wrongdoings.

The CAC’s decision comes more than a year after authorities initiated an unprecedented cybersecurity probe into the company, days after it launched a US$4.4 billion initial public offering in New York on June 30, 2021.

Ahead of the IPO, Didi granted its senior executives and directors US$3 billion in stock options.

However, the abrupt investigation shook investor confidence in Chinese technology stocks. Since then, few Chinese companies have chosen to list in the US.

Last month, Didi started trading on the over-the-counter market after shareholders voted to delist the company from the New York Stock Exchange.

The CAC said in its statement that Didi had committed 16 offences involving the illegal collection of data from drivers and passengers. They include the illegal processing of 64.7 billion personal information entries over the span of seven years since June 2015.

“Didi has failed to perform its duty to maintain cyberspace security, data security, and personal information protection … bringing serious risks to national cyberspace security and data security,” the regulator said.

“Moreover, even with clear orders from regulatory authorities to correct the issues, Didi failed to carry out comprehensive and in-depth rectifications. The nature of the offence was egregious.”

The CAC did not disclose what security threats Didi had caused to “the nation’s crucial information infrastructure and data security”, citing national security reasons.

“Today’s CAC announcement signifies that the probe has basically come to a close”, said Sun Pengcheng, a lawyer specialising in data law at Dentons law firm.

He said, however, that the results lack meaningful implications for other data-rich internet companies regarding their data compliance practices because it is difficult to tell where the red line is when it comes to data-related national security issues.

While the investigation has ended, China’s regulatory crackdown on Big Tech players may not be over, according to Alex Capri, lecturer at the National University Singapore Business School and Lee Kuan Yew School of Public Policy.

“Beijing’s fixation on data as a national security issue virtually guarantees that tech companies from China, as well as foreign companies in China, will have to deal with rigid rules regarding data sharing, data localisation and data sovereignty,” he said, noting that the scrutiny on Didi’s data practices also applies to other tech giants.

“Investors should remain sceptical when it comes to investing in China tech,” according to Capri, partly because geopolitical tensions remain between China and the West

On Thursday, the CAC said Didi was found to have illegally collected nearly 12 million pieces of photo information from users’ phones, 107 million entries of facial recognition data, 53.5 million entries of age data, 16.3 million entries of occupation data, and 1.4 million entries of data about family relations.

Didi was also accused of gathering 153 million entries of home and company address data and 167 million entries of location information. Didi analysed, without user consent, 54 billion entries regarding the travel purposes of passengers.

“The investigation also found that Didi had engaged in data processing activities that seriously affected national security, and refused to fulfil the requirements of regulatory authorities, among other illegal issues, such as false compliance and malicious evasion of supervision,” the statement said.

Nigeria Senate Passes Startup Bill

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The Nigerian senate recently passed the Nigeria startup bill (NSB). The bill’s passage followed the adoption of a report of the senate committee on ICT and cybersecurity at the plenary.

Mr. Oseni Yakubu, chairman of the committee that presented the report, disclosed that the bill sought to establish the national council for Digital Innovation and Entrepreneurship. He further revealed that the council will create and develop an enabling environment for technology-enabled startups in Nigeria.

The bill which has been made available to the public, seeks to request an act to provide for the ease of doing business in the country, to ensure transparency, efficiency, and productivity, and for other related matters which passed the second reading.

After consideration, the bill was referred by Senate President Ahmed Lawan to the committee on Trade and Investment for further legislative input. The committee was then given two weeks to report back to the chamber in plenary.

Recall that earlier this year, in March 2022, Nigeria’s startup bill was sent to the national assembly and received by the Nigerian senate. The bill was accompanied by a letter from the presidency which stated that the startup bill seeks to position the country’s startup ecosystem and to establish a national council for digital innovation and entrepreneurship.

The letter reads; “The Nigeria startup bill 2021, aims to position Nigeria’s startup ecosystem as the leading digital technology center in Africa, having excellent innovators with cutting edge skills and exportable capacity.

“In order to do this, the Bill seeks to establish a national council for digital innovation and entrepreneurship. While hoping this submission will receive the usual expeditious consideration of the senate. Please accept, distinguished senate president, the assurances of my best regards”.

The bill which was signed by the President is aimed at providing a structured regulatory framework for startups in the country. The truth is this, without an enabling environment, quality infrastructure, loans, etc, regardless of how innovative startups want to be, it will stifle their growth.

An enabling environment will enable them to thrive, which can also improve the confidence of investors in the Nigerian startup ecosystem. The bill also seeks to promote local content and as well propel Nigerian startups to the global stage, which makes room for them to compete and increase their customer base, which will increase their revenue.

Aside from the increase in revenue for these startups, considering the intrinsic value they add to an economy, they will be helpful to the Nigerian struggling economy by also bringing in local and foreign investors. Therefore, it is imperative that the bill is approved to enable these startups to operate with ease.

With the bill one step closer to the Presidential assent, if approved, this will see that the Nigerian start-up ecosystem will thrive due to the enabling environment. These startups are also seeking loans, tax breaks, incentives, and credit guarantees. Hopefully, all of these will be fully implemented by the government to enable them to thrive effortlessly.

The bill which is stipulated to pass through 3 readings with the house of reps as the next and final phase, hopefully, it will be passed as a law.