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👨🏿‍🚀TechCabal Daily – Moove raises $30 million in debt financing
Mobility startup Moove has secured $30 million in a debut issuance of Islamic bonds. This is the fifth raise Moove has had this year. It raised $10 million in February, $105 million in March, $20 million in debt funding in June, and $18.3 million in October.
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Department Of State Services (DSS) Gives Stakeholders 48hrs to End Fuel Scarcity
Following the growing spate of fuel scarcity in Nigeria, the Department of State Services (DSS) has given the Nigerian National Petroleum Company (NNPC) Limited and oil marketers a 48-hour ultimatum to make the product available for Nigerians or watch it activate its operation across the country. The ultimatum was announced by DSS Spokesman, Peter Afunanya after more than three hours closed-door meeting with petroleum sector stakeholders in Abuja. Afunanya said the move has become necessary as fuel scarcity has assumed a dimension that is detrimental to the security of the country. For weeks, long queues have marked filling stations across… The post Department Of State Services (DSS) Gives Stakeholders 48hrs to End Fuel Scarcity appeared first on Tekedia.
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House Summons Central Bank of Nigeria Governor, Asks Him to Suspend New Cash Withdrawal Policy
Amid the flurry of criticism trailing the decision of the Central Bank of Nigeria (CBN) to limit over the counter and ATM cash withdrawal to N100,000 weekly and POS to N20,000 daily, the House of Representatives on Thursday summoned the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and asked him to suspend the policy. The CBN governor has been widely criticized by both experts and laymen over the apex bank’s new cash withdrawal policy. Thus, following a motion of Urgent Matter of Public Importance presented by Rep. Aliyu Magaji (APC-Jigawa) at plenary, the House decided to summon Emefiele to… The post House Summons Central Bank of Nigeria Governor, Asks Him to Suspend New Cash Withdrawal Policy appeared first on Tekedia.
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The Nigeria’s Greatest Illusion – And Why New Generation Leaders Must Fix It
Great comments on my postulation that Nigeria should tax real estate (i.e. property tax) across the nation: urban and rural. Many of our community members posit that Nigeria should not go there on the construct that Nigeria has money! I do not buy that since even rich America taxes properties including primary residence. The average rate is 1% of the value and you pay that yearly. It is through property tax that America separates cities and communities.  How? If you are growing up in a poor neighbourhood, you will likely attend poor performing schools since schools are funded from taxes on… The post The Nigeria’s Greatest Illusion – And Why New Generation Leaders Must Fix It appeared first on Tekedia.
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Coingecko Joins Access Protocol as Launch Partner
CoinGecko is about to drop another lambo. I don’t know whether you have been claiming the ‘Candy’ coin. But I’m sure they asked if we are ready for an airdrop. The Access Foundation is excited to announce that the world’s largest independent cryptocurrency data aggregator, CoinGecko will be joining Access Protocol as a launch partner. Users who stake in CoinGecko’s Access pool will receive access to Gecko Ramblings, a bi-weekly newsletter by CoinGecko research analysts covering projects, trends and topics of interest happening in the crypto space. Additionally, CoinGecko users will receive the opportunity to claim $ACS via airdrop through… The post Coingecko Joins Access Protocol as Launch Partner appeared first on Tekedia.
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Investment Firm Goldman Sachs Set to Capitalize on FTX Upheaval
Following the collapse of FTX that has negatively impacted the crypto industry, leading global investment firm Goldman Sachs is set to capitalize on the recent upheaval by acquiring affected crypto firms. The collapse of FTX reportedly led to the drop in the valuation of some crypto companies as Goldman Sachs is currently watching closely to invest millions or purchase some of these firms as their prices have declined. In a recent interview, Goldman Sach’s head of digital assets Matthew MC Dermott disclosed that the FTX debacle intensified the need for regulation within the crypto industry, noting that big banks are… The post Investment Firm Goldman Sachs Set to Capitalize on FTX Upheaval appeared first on Tekedia.
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Indiana Sues TikTok for Misleading Users About Child Safety and Data Security
TikTok on Wednesday received a pair of lawsuits from the US state of Indiana, increasing the high-flying short-form video platform’s troubles in the United States. The lawsuits accused TikTok of lying about its child safety measures, alleging that it has exposed children to many forms of danger. The legal salvo from Indiana came in addition to steps taken by other US states such as Maryland to ban the use of TikTok for government officials, thus escalating security-based apathy toward the social media company. “The TikTok app is a malicious and menacing threat unleashed on unsuspecting Indiana consumers by a Chinese… The post Indiana Sues TikTok for Misleading Users About Child Safety and Data Security appeared first on Tekedia.
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5 Things Web Developers Won’t Tell You
Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Image by Lukas from Pixabay Web developers are some of the most creative, innovative, and productive people.… The post 5 Things Web Developers Won’t Tell You first appeared on Innov8tiv. 5 Things Web Developers Won’t Tell You Innov8tiv.com
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Features of the Use of Do Si Dos Strain Cannabis
Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Image by Лечение наркомании from Pixabay Marijuana is irreplaceable in the lives of many people, many cannot… The post Features of the Use of Do Si Dos Strain Cannabis first appeared on Innov8tiv. Features of the Use of Do Si Dos Strain Cannabis Innov8tiv.com
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Opinion: Trends and predictions for African startups in 2023
These predictions and comments were shared with TechCabal by Tosin Eniolorunda via MHP Group. Eniolorunda’s comments represent his personal views and do not reflect TechCabal’s views of Africa’s technology and business ecosystem.  Tosin Eniolorunda’s comments are italicized and placed between open and end quote marks. Rising stars: Nigerian fintech startups  Fintech remains the sector darling […]
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Where is Michel Foucault in Adeleke’s Inaugural Speech as Osun Governor?
Senator Ademola Adeleke was sworn in as Osun state’s sixth Executive Governor on November 27, 2022. Hours have passed. Days have passed. Weeks have passed. But he hasn’t been governor of the state for a month. Opposition parties and individuals continue to express mixed feelings about his ability and capacity to lead the state. Regardless of the criticism that will continue to surround his administration, he will remain governor until 2026, unless the electoral tribunal and courts rule against him. Meanwhile, this piece examines his inaugural speech, with selected views, in relation to the position on power and knowledge of… The post Where is Michel Foucault in Adeleke’s Inaugural Speech as Osun Governor? appeared first on Tekedia.
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Amazon AWS, Margaritaville Beach Resort Tops Alameda Creditor List
In another day of contagion for FTX and Alameda Research, certain bankruptcy documents have been released. The list of ‘Creditors Who Have the 50 Largest Unsecured Claims and Are Not Insiders’ is mainly made up of law firms and unsettled payments. However, the top payable claim is for Amazon Web Services (AWS) totaling $4,664,966. Even for large corporations, this is a large AWS bill. Some community members believe this is due to the intense machine learning environments that Alameda may have deployed. Woodrow Oates tweeted the Top 5 Creditor on the list. Top 5 Alameda payables include an insanely large… The post Amazon AWS, Margaritaville Beach Resort Tops Alameda Creditor List appeared first on Tekedia.
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Elon Musk Is Offset About Apple’s App Store Exorbitant Fees, Charges Higher Subscription Fees For iOS Users
Twitter CEO Elon Musk has made a move to offset Apple App Store’s outrageous fees by charging iOS users $11 per month for Twitter blue plan subscription. The blue premium subscription is a service that elevates quality conversations on Twitter, with the plan fee set at $7 per month. Following the recent increase in price for iOS users, Twitter has mandated existing Twitter Blue subscribers who initially subscribed on iOS to upgrade to the higher price to receive a blue checkmark. These users will also receive a prorated refund for the remaining days of their previous subscription.  Apple on the… The post Elon Musk Is Offset About Apple’s App Store Exorbitant Fees, Charges Higher Subscription Fees For iOS Users appeared first on Tekedia.
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Abu Dhabi Customs launches AI-powered Tariff Management & Smart Classification System
The System is developed in corporation with Webb Fontaine to digitize Classification for products imported to and exported from Abu Dhabi.
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Words for Binance CZ As He Plots to become Warren Buffett of Crypto Winter
“Binance CEO, Changpeng Zhao (CZ), said in an interview with Bloomberg that the leading global crypto exchange has over $1 billion to deploy on acquisitions and investments amid the bear market. CZ disclosed that the funds would be committed to supporting decentralized finance (DeFi) applications and non-fungible token (NFTs) projects to help accelerate the adoption of crypto assets.” I had noted how Warren Buffett calmed the market: “Warren Buffett lent money to Goldman Sachs in the valley of the 2007-2008 great recession and calmed markets. Lehman Brothers was gone and many people were troubled. Buffett came out and said that… The post Words for Binance CZ As He Plots to become Warren Buffett of Crypto Winter appeared first on Tekedia.
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Binance to Spend $1 billion on Acquisitions and Investments Amid Bear Market
Binance CEO, Changpeng Zhao (CZ), said in an interview with Bloomberg that the leading global crypto exchange has over $1 billion to deploy on acquisitions and investments amid the bear market. CZ disclosed that the funds would be committed to supporting decentralized finance (DeFi) applications and non-fungible token (NFTs) projects to help accelerate the adoption of crypto assets. Binance Has Invested $325M This Year As a market leader, Binance has invested $325 million in 67 projects this year, excluding the $500 million the exchange used to support Elon Musk in his $44 million Twitter acquisition. In contrast, the company only… The post Binance to Spend $1 billion on Acquisitions and Investments Amid Bear Market appeared first on Tekedia.
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The CBN’s new withdrawal policy: Its impact on individuals and businesses
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Etisalat mulling over acquisition of Vodafone’s Vodacom stake
If it goes through, the deal would make Etisalat one of Africa’s top 3 largest mobile network operators, rivaling long-term incumbents South Africa’s MTN Group and France’s Orange.
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All About Delta 9 Gummies: What Do Delta 9 Gummies Do?
Many people across the country are surprised to learn that delta 9 gummies are legal. In retail shops and online stores throughout the United States, consumers can purchase these once-forbidden delicacies and experience the pleasure and benefits they offer. Thanks to the federal legalization of hemp, delta 9 gummies are now one of the most requested products in the cannabis market, with more and more people jumping in headfirst and trying them. But for those still a bit apprehensive, we’re here to tell you about delta 9 gummies. What do delta 9 gummies do, you might wonder? Your first thoughts… The post All About Delta 9 Gummies: What Do Delta 9 Gummies Do? appeared first on Tekedia.
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The Role Michigan Is Playing in the Growth of the US Tech Industry
The great about the tech industry is that it’s always looking to expand its horizons. The life we know today wouldn’t be possible without technological rise. Some of the global changes were made thanks to tech giants in the US. There are many states across the USA that have helped drive the tech industry forward, and one such state is Michigan. Usually, it doesn’t come to mind when you mention the word technology, but Michigan is one of those states that has several tech sectors covered. The iGaming Sector Although iGaming didn’t come into Michigan until 2021, this is one… The post The Role Michigan Is Playing in the Growth of the US Tech Industry appeared first on Tekedia.
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Apple to exit China and take iPad manufacturing process to India, but…
Reports making the rounds claim that there are plans in place to move the Apple iPad manufacturing process to India.
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Promising Prospects On The Horizon: Big Eyes (BIG) And Orbeon Protocol (ORBN) Due To Send Your Portfolio Parabolic for 2023
The crypto market has been brought to its knees in 2022. However, Q1 of 2023 presents some great opportunities for those holding the right coins. Market experts are looking at Big Eyes Coin (BIG) and Orbeon Protocol (ORBN) to lead the pack in the first quarter of the year. The two cryptos are in different stages of their presale, with Orbeon Protocol expected to hit 60x in the weeks to come.  >>BUY ORBEON TOKENS HERE
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Big Eyes Coin Against Litecoin and Solana – Battle of the Blockchains
The number of cutting-edge cryptocurrencies entering the market has increased competition, and each new cryptocurrency is introduced with perks and offers to draw in customers. The continued expansion of Litecoin (LTC) and Solana (SOL) shows that successful concepts draw in and retain a large user base. By putting its spin on meme coins to give users access to enormous riches while preserving the ocean’s environment, Big Eyes Coin (BIG) now hopes to join this list of successful revolutionary cryptocurrencies. Big Eyes Coin (BIG), which is in presale and undisturbed by the current market conditions, provides a special purchasing opportunity for… The post Big Eyes Coin Against Litecoin and Solana – Battle of the Blockchains appeared first on Tekedia.
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Buy Big Eyes Coin Before It Launches, As Its User Experience Exceeds Aave And Monero
The crypto space is composed of both new and experienced traders. Traders have ridden the waves of this market and know how to make very good financial decisions, while those are looking for a better way to trade, acquire and store assets, and make extra income for themselves. The crypto market welcomes all traders, both experienced and new (inexperienced), but under what grounds? These new traders know nothing or just little about how the market works. And most cryptocurrencies, because of their sophisticated system, their user interface is as complicated. Aave (AAVE) is an excellent cryptocurrency that enables the lending… The post Buy Big Eyes Coin Before It Launches, As Its User Experience Exceeds Aave And Monero appeared first on Tekedia.
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Big Eyes Coin Community Pump Meme Token, Aim To Push Coin Above LEO Token and VeChain
What is a DeFi ecosystem without a strong community? Recently, community-building has become an essential part of DeFi development. Many blockchain networks have upgraded to being powered by decentralised autonomous organisations (DAOs) — a community-building protocol which relegates power and decision-making to a few holders of the utility token of such a network. Big Eyes Coin is a new meme cryptocurrency whose community has been invaluable in making its presale a big-time success. Many upcoming meme tokens may be jealous of this feat, and so, could be fully committed to building communities like the Big Eyes ecosystem. Following a successful… The post Big Eyes Coin Community Pump Meme Token, Aim To Push Coin Above LEO Token and VeChain appeared first on Tekedia.
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Coins To Watch in 2023: Solana, Axie Infinity, And Dogeliens
The cryptocurrency market in 2022 has been bearish, and the FTX collapse early in November increased panic sales in the crypto space. The bright side is that such token dips indicate a bullish trend. Hence, such coins as Solana, Axie Infinity, and the new Metaverse token Dogeliens (DOGET) are expected to experience a significant rise in their values during the next bull run. Here’s a summary of their key features. Solana – Highly Functional Blockchian Network Solana (SOL) is one of the foremost tokens in the NFT trade sector, as it previously featured an active NFT marketplace that recorded a… The post Coins To Watch in 2023: Solana, Axie Infinity, And Dogeliens appeared first on Tekedia.
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Snowfall Protocol (SNW) Is Up 250% Since Selling Out Stage 2 of Its Presale While BinaryX (BNX) and Solana (SOL) Struggles To Stay Relevant
It has been a difficult few weeks for BinaryX (BNX) and Solana (SOL), as both projects have failed to stay relevant in the ever-changing cryptocurrency landscape. However, one project that is doing well is Snowfall Protocol (SNW). Since selling out Stage 2 of its presale, SNW has seen a 250% increase in value! Special Announcement: SNowfall Protocol dAPP Protocol Is Here! The prototype of Snowfall Protocol’s dAPP has been announced, and this progress shows that a 1000x increase is coming soon. BinaryX (BNX) and Solana (SOL) can’t compete with SNW’s ability to seamlessly interoperate between Ethereum and other popular blockchains.… The post Snowfall Protocol (SNW) Is Up 250% Since Selling Out Stage 2 of Its Presale While BinaryX (BNX) and Solana (SOL) Struggles To Stay Relevant appeared first on Tekedia.
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Google releases Nigeria’s 2022 Year in Search lists
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Equity Crowdfunding Platform Raises over R6m for Two Businesses in 6 weeks
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On Nigeria’s Cute Economy
Cute economy is one of the economies that emerged from the creation of new technologies. It is an economy that is reputed for curating and disseminating animals’ images by their owners or passersby who developed interest in their (animals) “cuteness” on social networking sites with the purpose of having financial reward or helping others feel their essence in human life. In this piece, our analyst discusses Maddox’s (2020) recent empirical paper which explores the economy through the views of selected Pet Instagram account users and also connect the scholar’s outcomes with Nigeria’s cute economy, establishing how people also participate in… The post On Nigeria’s Cute Economy appeared first on Tekedia.
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👨🏿‍🚀TechCabal Daily – Two startups crowdfund R6million in 6 weeks
In today’s TC Daily, two businesses crowdfund R6million in 6 weeks, Orange launches a digital centre in Guinea, Burna Boy towers in new TikTok ranking, and PS5 consoles get Disney+ in South Africa.
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👨🏿‍🚀TechCabal Daily – Two startups crowdfund R6million in 6 weeks
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New Zealand wants Google and Meta to pay local news media for “supplying” content
This legislation for big tech companies to pay local news media in New Zealand is similar to laws in Australia and Canada.
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An Open Letter to the New Wigs
For the brief period that I have been a lawyer, I have learnt some few things that have helped  me stand out as a young lawyer and I would love to share thirteen of them with the new wigs.  1.Law practice is a noble profession and appearance matters a lot. Borrow some wisdom from Robbert Greene’s Laws of power that if you dress as royalty you will be treated like a king. If you dress well, big and high-profile individuals will approach you with briefs. Don’t look tattered, unless you want to be regarded as a charge and bail lawyer.… The post An Open Letter to the New Wigs appeared first on Tekedia.
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WhatsApp Unveils 3D Personalized Avatars, Enables Users to Create Digital Versions of Themselves
Meta-owned messaging platform Whatsapp has commenced the rolling out of 3D avatars that enable users to create a digital version of themselves, which can be used as a profile photo or custom stickers. The launch is coming after the company’s CEO Mark Zuckerberg announced the new feature on Wednesday. He said, “We’re bringing avatars to WhatsApp! Now you can use your avatar as a sticker in chats. More styles coming across soon”. The announcement is coming months after Whatsapp rolled out the new feature in June, through beta testing that was first reported by WhatsApp beta tracker WABetaInfo in June.… The post WhatsApp Unveils 3D Personalized Avatars, Enables Users to Create Digital Versions of Themselves appeared first on Tekedia.
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CBN Plots A Grand Tax Revenue Playbook Even As Nigeria Ignores the Godzilla of Revenue
CBN Plots A Grand Tax Revenue Playbook Even As Nigeria Ignores the Godzilla of Revenue First, there are many activities which are ongoing in the Central Bank of Nigeria (CBN) headquarters. The apex bank is doing everything to digitize how people pay and are being paid in Nigeria. Of course, the passion to digitize payment is not driven by the construct to make the economy more efficient, rather, to make it easier to collect taxes in the nation. Nigeria’s tax collection ability is abysmal. (Do not remind me of the inefficiency of the utilization of the little which is being… The post CBN Plots A Grand Tax Revenue Playbook Even As Nigeria Ignores the Godzilla of Revenue appeared first on Tekedia.
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