Inspired by a post earlier today – If you save money, money will also save you! This line brings out the message clearly.

It is looking very exciting in the cryptocurrency world with the recent integration of popular cryptos like bitcoin and ethereum into debit cards making them easier to spend for easy simple things like coffee, bus tickets, iTunes gift card and lunch. So, the believers can confidently think that the trajectory is moving north with a high level of momentum along the line.

As this happens, OTC (Over the counter) cryptocurrency marketplace and exchange providing fast and secure digital trading services will become catalytic to help in the community. Coincola is one of the companies in this domain, providing the ability to exchange digital assets. With this marketplace, one can convert iTunes gift card to Bitcoin besides other activities.

Besides, CoinCola’s OTC cryptocurrency trading platform allows people around the world to use their local FIAT currency to buy and sell bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), litecoin (LTC), dash (DASH)tether (USDT) and ripple (XRP). Trading is done on a person-to-person basis and transactions are completed via secure online escrow. More so, CoinCola’s cryptocurrency exchange allows users to expand their portfolio by trading one digital currency for another. CoinCola offers bitcoin (BTC) and tether (USDT) as base currencies and supports crypto-to-crypto trading pairs with ethereum (ETH), bitcoin cash (BCH) and litecoin (LTC).

OTC exchanges are one of the most effective ways of liquidating digital assets to local fiat currencies through secure online escrows. CoinCola is one of those crypto marketplaces, offering both coin-to- cash/gift exchange through OTC. It has great features and through it platforms, it offers how to sell iTunes gift card in Nigeria.

CoinCola provides fast and easy-to-use cryptocurrency trading services at low fees, plus a secure wallet to store your assets. Trade instantly and manage your account on the move. The integrated platform offers both OTC trading and crypto-to-crypto pair trading.

To buy gift card in Coincola, you need to create an account in the web or mobile app. Then search within the solution. Select a seller and click the buy button and then enter the amount of iTunes gift card you want to buy. As you do that, you must adhere to the seller’s designated choice of payment which could be PayPal, Alipay, Bank Transfer, etc. Once paid, you will see it mark as paid. It takes about 10 minutes to execute and then wait for the release of the assets.

One can download the Android here and the iOS here.

By Nnamdi Odumody

Small and medium scale enterprises (SMEs) play a vital role in the socio economic development of any nation. They create jobs and help accelerate wellbeing amongst citizens through entrepreneurial capitalism.

SMEs in developing economies are constrained by a lot of factors which include weak intellectual property rights, access to finance, and multiple taxes. These factors limit their capacities to scale, and becoming successful like their counterparts in developed markets.

The Stanford University Graduate School of Business launched an initiative in 2013, Stanford Institute for Innovation in Developing Economies (Stanford SEED), to end the cycle of poverty in developing countries.

We started in Africa, expanded to India, and our goal is to grow and scale to developing and emerging economies throughout the world. Stanford’s management training, one-on-one support, and networking opportunities empower business owners to lead their regions to greater prosperity.

Its Business Transformation Programme is focused on SMEs which want to scale in West Africa, Central Africa, East Africa and India. This one year leadership program challenges leaders to access their company’s vision, redefine strategies and make ambitious changes towards exponential growth that will generate jobs. The program consists of intensive sessions taught by Stanford University faculty, and leading industry experts, in each of the countries under their operations, through an experiential learning model.

The Stanford SEED Transformational Programme curriculum is customized to address the challenges of CEOs in developing economies that run fast growing organizations. The attendees undergo trainings in leadership, strategy, entrepreneurial organizations, accounting, marketing, finance, value chain innovation, governance, business ethics, product, and services innovations.

Prospective applicants to this program must demonstrate commitment and potential to grow and scale their companies, by creating jobs, products or services which benefit the bottom of the pyramid and must lead organizations with revenues between $150,000 and $15 million.

I expect Dangote Group to exit many sectors as a future of refinery & petrochemicals super-high growth empire is built. If you look at the business history of Aliko Dangote, he has pursued one playbook: upstream accumulation of capabilities. When crowd emerges in a sector, he exits. So, that Olam, the commodity trader, is possibly going to swallow Dangote Flour Mills, to boost its wheat market in Nigeria, is just the beginning. Since 1979, Dangote has climbed the business ladder by moving from downstream to upstream. And whenever there is huge concentration in a sector, he leaves. The refinery business will be the ultimate destination for that conglomerate.

Olam has made an offer of N130 billion to acquire all shares of Dangote Flour Mills that it doesn’t already own through its subsidiary, Crown Flour Mills.

In a notice sent to the Nigerian Stock Exchange on Tuesday, the board of Dangote Flour Mills said the money being offered will cover all its five billion issued shares.

“The consideration represents the enterprise value on a debt-free, cash-free basis, payable in cash at the closing of the proposed transaction.

“This consideration will be adjusted for the net-working capital and net debt as of 31 March 2019, or any other later date that may be agreed by the board of DFM to arrive at the final price payable to equity shareholders.

“The final price to be paid to the shareholders of the company would be adjusted downwards to exclude shares held by Olam through its subsidiary.”

 

It is all set by the Government of Alberta. Connect with me at Inventure$ 2019. I will be speaking in this event. Inventure$ offers a great platform for deep conversations on technology and innovation. The event holds in Calgary, Canada on June 5-7, 2019.