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Banks are concerned about a potential surge in activity after the Central Bank of Nigeria restricts access for customers without BVN and NIN in April

Tosin Ranks
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Banks are concerned about a potential surge in activity after the Central Bank of Nigeria restricts access for customers without BVN and NIN in April

On Friday, the Central Bank of Nigeria instructed commercial banks to enforce a “post no debit” restriction on accounts lacking Bank Verification Numbers and National Identity Numbers, effective March 2024.

Bankers anticipate a surge in customers rushing to comply, posing challenges for both banks and registration centers.

While a senior official views this as a move to cleanse the industry, concerns arise over staffing limitations, potential extended working hours, and impacts on naira liquidity.

The directive aims to enhance financial system stability, requiring mandatory BVN or NIN registration for Tier-1, 2, and 3 accounts. A comprehensive audit is planned, and non-compliance may lead to sanctions.

The CBN underscores the importance of uniform adherence to these measures for all regulated institutions.

The move aligns with previous plans, disclosed in April 2023, to eliminate unlinked BVN accounts.

Experts express support, emphasizing the need for citizens to embrace compliance, citing its role in combating financial crimes and ensuring data integrity.

 

Jhello unveils the EP titled ‘Jay The EP.’

Tosin Ranks
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Jhello unveils the EP titled ‘Jay The EP.’

Emerging artist Jhello, also known as Chukwudubem Great Agbo, has officially launched his debut EP, titled “Jay The EP,” now available for download on major digital platforms.

Behind the scenes, a talented lineup of producers, including Krazytunez, co-producer of Chris Brown’s “Sensational,” Gruzzmahn, ThaSoundz, and Badhboi, collaborated with Abuja’s skilled Mix Engineer, Skips Ti, to create a compelling sonic journey.

The EP delves into themes of love, betrayal, and loneliness in tracks like “Pen 2 Paper” while treating music enthusiasts to the captivating “Like it’s ’99,” showcasing Jhello’s unique musical depth.

The tempo is a mesmerizing fusion of AfroRnB, AfroPop, and Indie. Jhello describes the EP as a reflection of his past and present self, promising to reveal various facets of his personality as his musical journey progresses.

With the undeniable evolution seen in tracks like “Emergency Call,” Jhello is making a notable impact in the competitive landscape of the music industry.

 

How I interact with young individuals addressing me by my name – Shaffy Bello

Tosin Ranks
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How I interact with young individuals addressing me by my name – Shaffy Bello

Nollywood actress Shaffy Bello shared insights into how she handles being addressed by her first name, ‘Shaffy,’ especially by younger individuals.

During a recent podcast with Stephanie Coker, she acknowledged that such familiarity could stem from upbringing or cultural differences.

Despite receiving greetings like ‘Hi Shaffy,’ she responds with love, explaining the cultural variations and gently expressing that the familiarity hasn’t been earned, emphasizing the respect associated with addressing elders.

I boast substantial wealth, possessing a collection of 30 grand estates – Portable

Tosin Ranks
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I boast substantial wealth, possessing a collection of 30 grand estates – Portable

Controversial artist, Habeeb Okikiola, widely known as Portable, confidently shared his wealth status, claiming ownership of approximately 30 mansions spread across Lagos and Ogun states.

The ‘Zazu’ artist emphasized his generosity, attributing it to the success of his music career.

During a recent episode of the Afrobeats Podcast with Adesope Olajide, Portable stated, “I’m a superstar, a man of the people.

People seek my help, and I give because the more I give, the more successful I become.”

Asserting his financial prowess, he mentioned, “I have a substantial amount of money.

The money I lavish is extraordinary. I own 30 mansions in places like Abule-Egba, Ikeja, Sango-Otta, and Abeokuta. I’ve kept this low-key; nobody knows I’m the owner of those houses.”

Additionally, Portable boasted of surpassing many industry peers in wealth, alleging that some flaunt “fake lifestyles” on social media.

Microsoft AI identifies two meme tokens with promising long-term potential: Shiba Inu and Meme Moguls

Tosin Ranks
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Microsoft AI identifies two meme tokens with promising long-term potential: Shiba Inu and Meme Moguls

Microsoft AI has selected Shiba Inu and Meme Moguls as long-term meme coin investments.

Shiba Inu’s burn rate surged by an astonishing 50,000%, while Meme Moguls attracted gamers and meme enthusiasts.

Shiba Inu (SHIB) recently made headlines as its burn rate skyrocketed by 499,416% on November 27, resulting in the burning of 264.20 million SHIB tokens.

This significant increase brought the total burned Shiba Inu meme currencies to 410.66 trillion. Despite the higher burn rate aiming to boost Shiba Inu’s price, a substantial gain hasn’t materialized yet.

Nevertheless, Microsoft AI remains optimistic, forecasting Shiba Inu to reach $0.00000900 in the coming weeks.

On the other hand, Meme Moguls (MGLS) aims to compete with Shiba Inu by capitalizing on the growing meme industry, projected to reach $6.1 billion by 2025. Meme Moguls plans to establish the first meme-supported stock exchange as part of its ecosystem, including the Moguls Casino and Exchange Trading Platform.

The casino provides gamers with an entertaining experience featuring meme-related assets, tournaments, and additional earning opportunities.

The trading platform facilitates meme-based asset trading and offers resources to assist meme coin traders in making informed decisions.

During the presale phase, $MGLS tokens were priced at $0.0021, with Microsoft AI predicting a potential 1,000% price increase by the presale’s end.

Explore the engaging gameplay, tournaments, and trading opportunities offered by Meme Moguls on their platform.

 

Could Euler Network’s $3.5 million presale success, with a potential 300x return, surpass the achievements of Ethereum and Polygon?

Tosin Ranks
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0
Could Euler Network’s $3.5 million presale success, with a potential 300x return, surpass the achievements of Ethereum and Polygon?

Euler Network (EUL) shines brightly in the dynamic realm of cryptocurrency, where each moment holds significance, surpassing Ethereum (ETH) and Polygon (MATIC).

With the anticipation building, Euler Network initiates its presale for Euler Mining Coin (EMC), successfully raising $3.5 million.

Let’s delve into the crypto frenzy and explore Polygon, Ethereum, and the triumphant Euler Network.

**Polygon: Transforming Crypto Realities**

Polygon, the multi-chain scaling solution, has been creating waves in the crypto sphere with its recent advancements.

The network’s commitment to improving scalability and interoperability has garnered attention, providing users with faster and more cost-effective transactions.

Polygon’s integration of zk-rollups and optimistic rollups underscores its dedication to staying at the forefront of technological progress.

However, when we shift our focus to Euler Network, the excitement soars to new heights.

Euler doesn’t merely pledge scalability; it embodies speed, agility, and innovation.

With the triumph of its $3.5 million presale, Euler Network is set to redefine crypto landscape standards, offering not only scalability but also an exhilarating journey into the future of blockchain.

**Ethereum: The Titan Shaping Crypto Trends**

As the pioneer of smart contracts and decentralized applications (DApps), Ethereum remains a cornerstone of the crypto universe. Recent upgrades, including Ethereum 2.0, aim to address scalability concerns and environmental impacts.

Ethereum’s dedication to fostering a decentralized world is commendable, attracting a vast community of developers and users.

Yet, standing at the intersection of crypto evolution is the Euler Network. While Ethereum’s journey has been monumental, Euler Network emerges as the torchbearer of a new era.

With its rapid deployment strategy and the success of the $3.5 million presale, Euler Network positions itself as the avant-garde, prepared to lead the crypto revolution into uncharted territories.

**Shock and Awe: Euler Presale Raises $3.5 Million**

In a seismic moment for the crypto community, Euler Network’s $3.5 million presale triumph reverberates across the blockchain.

The Euler Mining Coin (EMC) presale captivates the imagination of investors and enthusiasts, blazing a trail in the crypto market.

The unprecedented speed and enthusiasm surrounding Euler Network’s presale make it a beacon of excitement in the crypto space.

As the crypto world witnesses this awe-inspiring feat, Euler Network is not merely a participant; it’s a game-changer.

The presale success attests to Euler’s commitment to speed, innovation, and community building.

This isn’t just a token sale; it’s an invitation to join the vanguard of crypto evolution.

In the kaleidoscope of crypto marvels, Euler Network stands tall, casting a spell of awe and excitement.

While navigating the realms of Polygon, Ethereum, and Euler Network, one thing is clear – the crypto universe is in perpetual motion, and Euler is at the forefront of this exhilarating journey.

The $3.5 million presale triumph is not just a number; it’s a declaration that Euler Network is here to shape the next epoch of crypto evolution. Don’t just watch from the sidelines; become a part of the crypto marvel.

**Join Euler Network’s presale now!**
– Website: [Euler Network](http://eulernetwork.com/)
– Twitter: [Euler Network Twitter](https://twitter.com/EulerNetwork)
– Telegram: [Euler Network Telegram](https://t.me/eulernetwork)

The supremacy of GameStop memes surges ahead, overshadowing Shiba Inu and Floki Inu, with a remarkable $4 million presale, marking it as the top meme coin

Tosin Ranks
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0
The supremacy of GameStop memes surges ahead, overshadowing Shiba Inu and Floki Inu, with a remarkable $4 million presale, marking it as the top meme coin

In the dynamic realm of cryptocurrencies, where trends evolve rapidly, GameStop Memes (GSM) has burst onto the scene with an impressive start, boasting a staggering $4 million presale.

Positioned as a frontrunner, GSM promises an exhilarating journey for crypto enthusiasts.

Let’s delve into the recent milestones of Shiba Inu (SHIB), explore the potential of Floki Inu (FLOKI), and understand why GameStop Memes is emerging as the next meme coin to watch in 2024.

Shiba Inu Surges with Strong Digital Assets

Shiba Inu (SHIB) is making waves, reaching a record-breaking total of 3.67 million addresses. This surge not only signifies a diverse holding base but also indicates a maturing and expanding investor community for SHIB.

Long-term holders now constitute an impressive 74%, marking a significant shift since the cryptocurrency’s inception.

Despite market losses, SHIB has showcased remarkable resilience, registering a 0.11% increase. This resilience amid market downturns underscores the strength of Shiba Inu’s community and its ability to weather storms.

GameStop Memes on the Crypto Racetrack

As we speed through the crypto racetrack, it’s crucial to keep an eye on GameStop Memes. With its community-driven model and a successful $4 million presale, GSM is not merely a participant but a contender to watch in the crypto race.

Floki Inu Gains Momentum

In the crypto landscape, Floki Inu sets the stage for an exciting ride. Technical analysis points towards a bullish scenario if FLOKI can break past key resistance levels. Community engagement is crucial for sustaining positive trends in the Moving Average Convergence Divergence (MACD) and ensuring the Relative Strength Index (RSI) climbs above 60.

The 10-day Simple Moving Average (SMA) serves as a critical juncture, and staying above it could reinforce the bullish trend for FLOKI. Community engagement around Floki Inu becomes pivotal for its success.

GameStop Memes Joins the Crypto Rally

Just as Floki Inu aims for upward momentum, GameStop Memes joins the rally with its $4 million presale success. The unique strategy of combining community strength with growth potential has garnered the attention of crypto enthusiasts, positioning GameStop Memes as a promising player in the crypto race.

GameStop Memes: The Next Meme Coin to Explode

In the expanding universe of meme coins, the spotlight is now on GameStop Memes. The $4 million presale has set a new standard, positioning GSM as the next meme coin to explode.

The community-driven approach, coupled with substantial financial backing, adds fuel to the excitement surrounding GameStop Memes.

Shiba Inu, Floki Inu, and GameStop Memes: A Crypto Triathlon

In this crypto triathlon, where each coin represents a different leg of the race, Shiba Inu, Floki Inu, and GameStop Memes bring unique strategies and growth potential to the table.

While Shiba Inu showcases resilience and a growing community, Floki Inu rides the momentum of technical analysis.

GameStop Memes, with its $4 million presale, accelerates into the spotlight, promising a thrilling ride for investors.

Crossing the Finish Line with GameStop Memes

As we conclude this crypto rally journey, GameStop Memes has emerged as a significant player in the crypto world.

The $4 million presale success positions GSM as a contender to watch in 2024.

The unique combination of community engagement, growth potential, and a community-driven model makes GameStop Memes a standout in the crypto race.

In a world where trends shift gears rapidly, GameStop Memes is revving up for a memorable ride.

The $4 million presale is not just a financial feat but a testament to the power of community backing.

As we navigate the twists and turns of the crypto racetrack, keep an eye on GameStop Memes – the next meme coin set to explode in the ever-evolving crypto landscape. Hurry now and buy the GSM presale!

Website: [GameStop Memes](https://gamestmemes.com)

Twitter: [GameStop Memes Twitter](https://twitter.com/GameStopopMemes)

Telegram: [GameStop Memes Telegram](https://t.me/GameStopopMemes)

ChatGPT Analyzes the Potential: TRON Expected to Surpass $0.16, Dogecoin Targeting $0.12, and Everlodge Anticipated to Experience a 100x Spike

Tosin Ranks
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0
ChatGPT Analyzes the Potential: TRON Expected to Surpass $0.16, Dogecoin Targeting $0.12, and Everlodge Anticipated to Experience a 100x Spike

ChatGPT has emerged as the leading AI-driven chatbot, attracting millions of daily users seeking a wealth of information. Traders have recently turned to ChatGPT for insights into diversifying their crypto investments, receiving recommendations for TRON (TRX), Dogecoin (DOGE), and Everlodge (ELDG).

Today, we’ll delve into on-chart data to gauge their potential value spikes in early 2024.

*TRON (TRX) poised to Hit $0.1606 by Q1 2024*
TRON (TRX) has gained significant attention, becoming the second-largest L1 network in 2023, with a TVL of $7,889,146,722. Recent performance shows a 93% increase in the past year, and ChatGPT predicts it could reach $0.1606 by Q1 2024.

*Dogecoin (DOGE) Aiming for $0.1290 According to AI*
Dogecoin (DOGE) has experienced a rapid upswing, crossing five million addresses with a balance.

Integration into Coin98’s DeFi platform added to its appeal.

Recent price movements from $0.072259 to $0.081126 align with ChatGPT’s prediction of reaching $0.1290 by Q1 2024.

*Everlodge (ELDG) Set for a 100x Surge*
Everlodge (ELDG) introduces disruption to the $4.548 trillion global hospitality industry by making property investments more accessible.

The platform mints multi-million dollar properties as NFTs, allowing fractional ownership.

The native crypto, ELDG, offers perks like passive income and property raffles, with ChatGPT projecting a 100x climb at launch from its current $0.025 during stage seven of the presale.

 

10Alytics elevates its bi-annual Data Hackathon to a global platform

Tosin Ranks
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0
10Alytics elevates its bi-annual Data Hackathon to a global platform

10Alytics, a renowned EdTech firm known for cultivating global tech talents, has expanded its bi-annual Data Hackathon onto the international stage.

The fifth installment, named ’10Alytics Global Hackathon 2023,’ is set to include participants from over 20 countries, fostering healthy competition among data enthusiasts in Africa and worldwide.

Scheduled for December 2nd and 3rd, the event has garnered 2,000 applications and will be adjudicated by six judges from Nigeria, South Africa, Jordan, and the United Kingdom.

Adeiza Suleman, the founder, elucidated that the Global Hackathon’s purpose is to generate ideas and solutions aligned with the Sustainable Development Goals (SDGs) through spirited competitions among data and tech enthusiasts.

He emphasized 10Alytics’ commitment to supporting the UN SDGs as a blueprint for a more sustainable future.

The hackathon’s mission is to leverage data and technology to contribute to the achievement of these goals, spanning from addressing environmental concerns to enhancing access to healthcare, education, and economic opportunities.

Co-founder Efemena Ikpro highlighted the unique aspect of the 10Alytics Global Hackathon—its global reach, bringing together participants from Africa and other regions to tackle universally impactful issues with a specific focus on the African continent.

He stressed the hackathon’s recognition that addressing global challenges necessitates diverse perspectives and an understanding of local contexts, empowering participants to create solutions with a global impact.

Adeiza and Efemena emphasized that the virtual hackathon is open to all, with prizes totaling over $2,000, including a cash prize of $1,500 to be shared among the top three winners and an international article publication.

They outlined 10Alytics’ commitment to supporting long-term sustainability through mentorship opportunities, partnerships with top AI publications, and post-hackathon development of winning solutions for presentation at SDG solution forums.

About 10Alytics, the EdTech firm focuses on facilitating learning of premium tech skills, breaking entry barriers into tech for Africans, and building capacity in big data application for data-driven decision-making.

Over the past three years, 10Alytics has successfully transitioned individuals from training to full-time tech roles globally, equipping them with both technical and soft skills.

The firm’s consulting arm contributes to organizational growth with industry knowledge and technical proficiency, delivering tailored solutions for diverse data challenges, including designing and deploying Data Warehouses and providing real-time dashboards for data-driven decisions.

 

Ecobank’s earnings surge to N1.21 trillion, showcasing remarkable growth

Tosin Ranks
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Ecobank’s earnings surge to N1.21 trillion, showcasing remarkable growth

The Ecobank Group witnessed a remarkable 59% growth in gross earnings, reaching N1.21tn by the end of September 2023, compared to N761.29bn in the same period of 2022.

The information was disclosed in the Audited Consolidated Financial Statements submitted to the Nigerian Exchange Limited on Thursday.

The delay in filing Q3 financial results was attributed to an external audit, and the Board and Management of Ecobank Transnational Incorporated explained that the decision was made to undergo an audit of the 2023 Third Quarter Financial Results.

While gross earnings increased in Naira value, there was a 15% decrease in US dollar terms to $2.084bn. Operating income rose by 12% to $1.518bn and 55% to N884bn.

The boost in revenue was attributed to higher interest rates, particularly in Anglophone West Africa and Nigeria, growth in interest-earning assets, increased fees from treasury services, and higher cash management fees.

Non-interest revenues rose by 29%, driven by client-driven foreign currency sales, cash management, and payments.

The operating profit before impairment charges increased by 19% to $702m and 64% to N409bn.

In Naira terms, Profit before tax rose by 55% to N262bn, and Profit for the period appreciated by 56% to N182bn.

Total assets rose by 55% to N20.69tn, with loans and advances to customers up by 56% to N7.89tn. Deposits from customers increased by 56% to N14.93tn.

Commenting on the results, the Chief Executive Officer of Ecobank Group, Jeremy Awori, stated, “Ecobank generated profit before tax of $450m for the nine months to September,” highlighting a return on tangible shareholders’ equity of 25.6%.

Despite challenges in the macroeconomic environment, Awori announced the completion of their Growth, Transformation, and Returns strategy.

He emphasized a customer-centric approach, accelerating growth in Consumer and Commercial Banking, diversifying Corporate and Investment Banking revenue streams, and enhancing their Payments, Remittances, and Fintech business.

The group plans to increase investment in technology to provide better services and build their brand for greater market connection and support to growing businesses.

Ecobank operates in 35 African countries, with a subsidiary in France and representative offices in Dubai, London, Beijing, Johannesburg, and Addis Ababa.

 

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