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Showing posts from June, 2024

Bill Gates Childhood and schooling.

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  William Henry Gates III, the sole child of William H. Gates Sr.[b] (1925–2020) and his first wife Mary Maxwell Gates (1929–1994), was born in Seattle, Washington, on October 28, 1955. He has German, Irish/Scots-Irish, and English ancestry. His mother was on the boards of United Way of America and First Interstate BancSystem, and his father was a well-known attorney. J. W. Maxwell was the president of a big bank and Gates's maternal grandfather. He also has a younger sister named Libby and an elder sister named Kristi (Kristianne). Despite being the fourth person in his family with that name, he goes by William Gates III or "Trey" (i.e., three) because his father had the suffix "II" added to his name.  When Gates was seven years old, their home in Seattle's Sand Point neighbourhood was destroyed by an uncommon tornado. When Gates was younger, his parents encouraged him to become a lawyer. His family belonged to the Protestant Reformed Congregational Christi...

Lionel Messi early years.

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  The third of four children born to steel industry manager Jorge Messi and his wife Celia Cuccittini, who worked in a magnet manufacturing workshop, Messi was born in Rosario, Santa Fe, on June 24, 1987. Being the great-grandson of immigrants from the north-central Adriatic Marche area of Italy, he is of Italian and Spanish origin on his father's side and predominantly Italian on his mother's side. "Leo" was raised in a close-knit family that was passionate about football. He played the game frequently with his older brothers, Rodrigo and Matías, as well as his cousins, Maximiliano and Emanuel Biancucchi, who went on to become professional football players.  At four years old, he joined the neighbourhood team Grandoli, where his father served as coach. However, it was his maternal grandmother Celia who accompanied him to practices and games that had the biggest impact on him as a player. Her passing just before turning eleven years old had a profound impact on him; e...

Cristiano Ronaldo's early years.

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On February 5, 1985, in the São Pedro parish of Funchal, the capital of the Portuguese island of Madeira, Cristiano Ronaldo dos Santos Aveiro was born. He grew up in the nearby parish of Santo António. He is the youngest and fourth child of José Dinis Aveiro, a municipal gardener at the Junta de Freguesia of Santo António and a part-time kit man for the football team Andorinha, and Maria Dolores dos Santos Viveiros da Aveiro, a cook and housekeeper in the hotel sector. African-born Isabel da Piedade, his paternal great-grandmother, was born on the island of São Vicente in the Portuguese Cape Verde region and came to Madeira Island when she was sixteen years old.  Hugo is his older brother, and Elma and Liliana Cátia "Katia" are his two elder sisters. His father was a huge admirer of actor and US President Ronald Reagan, thus he was called after him. Due to her poverty, her father's drunkenness, and the fact that she already had too many children, his mother disclosed that...

Dangote Sugar begins a N200 billion capital campaign.

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  A N200 billion capital raising initiative has been started by Dangote Sugar Refinery (DSR) Plc with the goal of substantially diversifying the balance sheet of the business. Through any manner of equity and debt issuance, the company can raise additional capital under the N200 billion multi-instrument issuance programme registered with the Securities and Exchange Commission (SEC). According to the company's board, registering the multi-instrument issuance programme was a big step since it shows the company is committed to expanding its funding sources to support its goals. Subject to current market conditions and gaining necessary regulatory permissions, the company's management will decide when to proceed with issuing any series of securities under the multi-instrument issuance plan. "The particulars of this issuance will be revealed in the relevant transaction documents at the appropriate moment," the board said in a Nigerian Exchange regulatory filing (NGX). Nige...

Bitcoin recovers above $62,000 as Solana drives up other cryptocurrencies.

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A day after bitcoin fell below $60,000 for the first price since early May, sparking a widespread sell-off in cryptocurrency assets, other cryptocurrencies saw significant increases. According to Coin Metrics, Bitcoin increased by more than 3% on Tuesday to $62,103.90. The action was followed by a recovery in the Nasdaq Composite and Nvidia, which had both experienced their worst days since April during the previous session. According to economist and "Crypto is Macro Now" newsletter author Noelle Acheson, "we are likely to see panic selling in crypto as well when the stock market turns, for no fundamental reason other than emotion and perhaps the need to raise cash for margin calls." "Risk asset jitters hit cryptocurrency yesterday." Solana  was the crypto market leader on Tuesday, however. It jumped 8% after the Solana Foundation announced an update that will allow users to share on-chain actions as  shareable links  around the internet. The token tied t...

The worst of the naira's volatility has already passed in Nigeria, according to Cardoso.

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Yemi Cardoso, the governor of the central bank, declared that the nation has already gone through the worst of the naira's foreign exchange volatility.   Cardoso made this statement in a Tuesday interview with Bloomberg TV in London.   The apex bank's chief stated that he is pleased with the extent to which they have been able to handle the currency problem in recent months.  Cardoso clarified that while they would keep putting some macroeconomic principles into practice that will help the market, it is still a work in progress.  "We are largely happy with our current progress. Following a period of turbulence, the market has shown a great deal of steadiness during the last two to three weeks.   Hardly any change has occurred with the currency. There is now a single rate. We think this is beneficial because it enables businesses to plan ahead and indicate to prospective investors where our economy is headed.  We don't think we've arrived at a place where we...

As inflation increases, Nigerians Borrow ₦3.9 Billion — CBN

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  The Central Bank of Nigeria said that, largely due to higher inflation, consumer credit increased by 12% to over ₦3.9 billion in January 2024, indicating that Nigerians had turned to loans as one of their survival tactics. According to the apex bank’s latest monthly economic report, the total consumer credit outstanding increased to N3,823bn in January 2024.  The report further explained that a disaggregation of consumer credit revealed, that personal loans increased by 14.3 per cent to N3,028bn from N2,649bn in December 2023.  Retail loans rose by 4 per cent to N795bn, as personal loans accounted for 79 per cent of consumer credit, while retail loans accounted for 21 per cent.  Consumer credit, as a share of total credit from Online Data Capture Systems (ODCs), however, declined to about 7 per cent, from 8 per cent in the preceding month, the report added. This is because the National Bureau of Statistics (NBS) reported headline inflation rate of 33.95 percent in ...

Every SIM card used in Nigeria is produced locally by NCCEvery SIM card used in Nigeria is produced

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 According to the Nigerian Communications Commission (NCC), all SIM cards used in the nation are produced domestically. The Head, Engineer Babagana Digima, According to the Nigerian Communications Commission (NCC), all SIM cards used in the nation are produced domestically. This was stated during a training session for media executives held in Lagos by NCC's Head of New Media and Information Security, Engr. Babagana Digima. Through the Nigeria Office for Development in the Indigenous Telecommunications Sector (NORDIT), the commission is dedicated to promoting indigenous participation in the industry and local content. Digima ascribed this accomplishment to this effort. "The National Policy for Promotion of Indigenous Content in the Telecommunications Sector, which founded NORDIT, and the role of the NCC in fostering Indigenous participation by telecom businesses are outlined in Sections 1D to F of our Act. One of the main areas in which NORDIT has been extremely influential is...

The Commission's approval of the process must be fulfilled within 60 days for the installation of contracted volume meters, and all contracts for the supply and installation of meters must be submitted to the Commission. It further said, "The parties under the MAF scheme shall exhibit the highest degree of public trust and ethical standard and shall not engage in any conduct that may constitute unfair practice or conflict of interest."

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  DisCos will be able to install meters for customers within 60 days thanks to approval from the Nigerian Electricity Regulatory Commission (NERC) for a total of N21,000,000,000. With more than 7 million subscribers, the Nigerian Electricity Supply Industry (NESI) has seen this development by the Commission as a step toward closing the metering gap. The Meter Acquisition money, or MAF, Scheme was the umbrella for the money that NERC approved. Remember that the main goal of the MAF Scheme, which was created by the Nigerian Electricity Regulatory Commission, was to address the issue of DisCo creditworthiness impeding the deployment of end-use meters under NESI by generating a reliable revenue stream from market funds with the hope that the utilities would be able to secure long-term financing. The Nigerian Electricity Regulatory Board states that as of April 2024, 21,864, 851, 725.00 was the cash for the market settlement cycle that could be used to purchase meters under the MAF sche...

TapSwap Coin Mining: Everything You Need to Know

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  A rising star in the decentralized finance (DeFi) space, TapSwap uses the Solana blockchain to provide a quick, easy, and safe cryptocurrency exchange platform. The goal of this essay is to offer a thorough overview of TapSwap coin mining. What is Coin Mining on TapSwap? By interacting with the TapSwap Telegram bot, users can engage in a process known as TapSwap coin mining, which grants them Taps tokens. It's a novel method of mining that doesn't need sophisticated gear or technical expertise. Alternatively, users only need to touch on an icon in the Telegram bot's UI to begin mining. How Does Mining for TapSwap Coins Operate? Tap-to-Earn: By tapping the matching icon in the center of the screen, users can mine coins. Leagues: Players can advance through the ranks by surpassing other players in leagues and gaining more cash. Boosters: To increase coin earnings, boosters can be unlocked and activities must be accomplished. pals: By inviting other users, users can earn bon...

Food and beverage firms find the Nigerian market to be attractive - Consultant

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  Yeni Fowotade, the founder of Orbiq and principal consultant at Africon GmbH, has revealed that foreign food companies are looking for collaborations and consumer insights in Nigeria's lucrative consumer market. Speaking as an observer at the recently finished Food and Beverage West Africa 2024 Trade Exhibition in Lagos, the speaker mentioned that many foreign food and beverage firms are considering Nigeria. More than 30 nations, including China, Algeria, Italy, the United States, the United Kingdom, Vietnam, Sweden, and Sweden, displayed a wide range of goods that reflected global developments and tastes. A lot of first-time customers looked for quick feedback from other customers and searched the market for rival brands, costs, distribution, and marketing tactics. Fowotade, a specialist in international business, highlights the value of market information in comprehending market dynamics and simplifying entry plans. She advises global companies to align their products with the ...

Is Hamster Kombat Real? Here Are Some Things to Consider

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 How Is Hamster Kombat Operated? Having Fun and Winning Coins The following are some ways that players can get Hamster Coins: Tapping to Earn: Keep tapping to collect coins and resources. Daily chores: Getting prizes by finishing designated daily chores. Bonuses: To be eligible for bonuses, log in every day.A recently released game called Hamster Kombat is becoming popular, particularly in the Telegram gaming and bitcoin groups. Players can accrue in-game currency in this "tap-to-earn" game, which they can then perhaps exchange for actual cryptocurrencies. Nonetheless, doubts over its validity are frequent. Here is a thorough explanation of everything you should know about Hamster Kombat. What is Kombat Hamster? In the tapping game Hamster Kombat, users utilize Telegram to take part in different tasks and get Hamster Coins.  The objective is to become the “grandmaster CEO” of a tier-1 cryptocurrency exchange from a “shaved hamster”. How Is Hamster Kombat Operated? Having Fun ...