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9mobile has enhanced services provided for its customers with ‘9Konfam’ as customers are set to enjoy nine times the value of recharge and more when they subscribe to this offering. This innovative plan, crafted with a focus on enhancing connectivity ...

Lifi.net, a fast-growing internet service provider in Nigeria, has attained 500 megabits per seconds (mbps) internet speed as of January 2024. Latest data by LIfi.net showed that the company now delivers up to 500 mbps internet speed in unlimited services ...

Social media users have complained about abrupt loss of access to their Instagram and Facebook accounts on Tuesday evening, LEADERSHIP has learnt. Down Detector, an internet monitoring website, saw a spike in reports of Meta service outages on Tuesday at ...

A rights campaigner, Mr Olukoya Ogungbeje, on Monday filed a suit before a Federal High Court Lagos against telecommunications companies over recent barring of phone lines. Joined as respondents in the suit are the Nigerian Communications Commission (NCC), its Chief ...

Energy giant Shell has highlighted ways African countries can unlock the potential of the energy sector and drive energy security, transition and economic prosperity. Shell said these can be achieved by embracing partnerships, technological innovation and sustainable financing. Speaking at ...

MTN Nigeria has blamed the recent network issue experienced by its customers nationwide on multiple fibre cuts. Recall that MTN customers were unable to make calls or use their data on Wednesday, 28th of February, 2024. According to the company, ...

In the rapidly evolving landscape of cryptocurrency, several pivotaltrends are poised to shape the market’s trajectory in the upcomingyear. This analysis delves into the critical areas of growth andinnovation, including the surge in institutional investment, theexpansion of decentralized finance (DeFi) and yield farming, stridestowards regulatory clarity, the integration of sustainability and ESGprinciples, advancements in interoperability and cross-chainfunctionalities, the increasing significance of stablecoins andCBDCs, as well as enhancements in privacy and security protocols.Furthermore, the burgeoning realm of non-fungible tokens (NFTs)underscores a vibrant creator economy, signaling new avenues forartistic and digital asset monetization. Institutional Investment The influx of institutional capital is forecasted to continue, propelledby enhanced regulatory clarity and market maturation. This shiftinjects substantial liquidity into the cryptocurrency market andcements its legitimacy as a formidable asset class within diversifiedinvestment portfolios. Institutional investors are increasinglyrecognizing the potential for high returns in the crypto space,driving further interest and participation. Decentralised Finance (DeFi) and Yield Farming DeFi’s trajectory is upward, driven by the allure of passive incomegeneration through cryptocurrency. Innovations in DeFi platformsand yield farming strategies are expected to attract a broaderinvestor base, encompassing retail and institutional participants. AsDeFi continues to mature, we can anticipate the development ofmore sophisticated financial products and services, furtherexpanding the ecosystem’s utility and appeal. Regulatory Frameworks Anticipated advancements in global regulatory frameworks aim tofoster a more secure and transparent market environment. Thesedevelopments are critical for attracting institutional investment andsafeguarding investor interests against market misconduct. Clearand consistent regulations provide the necessary framework forsustainable growth and adoption, instilling confidence in bothinvestors and market participants. Sustainability and ESG The cryptocurrency sector increasingly prioritizes sustainability andESG factors, with initiatives focused on minimizing energyconsumption and enhancing eco-friendly practices. This shifttowards responsible innovation indicates the industry’s commitmentto aligning with broader societal values. Projects and protocols thatprioritize sustainability are likely to gain traction, appealing toenvironmentally-conscious investors and users. Cross-Chain Solutions & Interoperability The demand for seamless integration across diverse blockchainnetworks leads to significant advancements in interoperability andcross-chain technologies. These innovations promise to create amore interconnected and efficient cryptocurrency ecosystem,facilitating the seamless transfer of assets and data between differentblockchains. Interoperability solutions are essential for overcomingfragmentation within the crypto space and unlocking newopportunities for collaboration and innovation. Stablecoins and CBDCs The role of stablecoins and CBDCs is expanding, offering stablealternatives to traditional cryptocurrencies and fostering greateracceptance of digital currencies as viable financial instruments.Stablecoins pegged to fiat currencies provide stability and liquidity,facilitating transactions and serving as a bridge between traditionalfinance and the crypto world. CBDCs, issued by central banks,represent a digital form of national currency, offering benefits suchas increased efficiency, transparency, and financial inclusion. Privacy and Security Enhancing privacy and security remains paramount, with ongoingefforts to develop robust mechanisms to protect users’ data andassets. This focus is crucial for maintaining trust and fostering long-term growth within the cryptocurrency market. Privacy-enhancingtechnologies such as zero-knowledge proofs and multi-partycomputation are being leveraged to safeguard sensitive informationwhile preserving user anonymity. Similarly, advancements incybersecurity protocols help mitigate the risk of hacking and fraud,ensuring the integrity of blockchain networks and digital assets. NFTs and the Creator Economy The explosion of NFTs has unveiled novel opportunities for creatorsto monetize their work and engage with audiences, highlighting thedynamic interplay between technology and creativity within thedigital economy. NFTs represent unique, non-interchangeable tokensthat authenticate ownership of digital assets, including artwork,music, and virtual real estate. This burgeoning market has attractedattention from artists, musicians, and content creators seeking newavenues for distribution and monetization. Platforms dedicated toNFTs provide creators with a direct channel to connect with fansand collectors, bypassing traditional intermediaries and empoweringartists to retain greater control over their intellectual property. The cryptocurrency market stands at the brink of significanttransformation, driven by technological innovation, regulatoryevolution, and a shifting global economic landscape. Stakeholderswho navigate these trends strategically are well-positioned tocapitalize on the opportunities presented by this burgeoning sector.As the crypto ecosystem continues to mature, we can expect furthergrowth, diversification, and mainstream adoption, ushering in a newera of financial innovation and inclusion. By staying informed andadaptable, investors and enthusiasts alike can participate in andcontribute to the ongoing development of this dynamic industry.

…Calls on Nigerians to take advantage of the facility to enrich themselves By Saviour Ekpe The President and Chief Executive Officer of Trisonet Metaverse Community, Evang. Happiness Etuk has performed the formal inauguration of the Trisonet Metaverse Community (TMC) in ...

Amid a high unemployment rate in Nigeria, a Cybersecurity Analyst, Anuoluwapo Olawuyi, has suggested that acquiring technology skills could be the solution for the teeming youth. Olawuyi stated that it would take at least three to six months for a ...

2,433 mobile subscribers ported out of their networks in November, 2023, the Nigerian Communications Commission (NCC) has revealed. NCC, in its latest industry statistics, disclosed that the most hit is 9mobile, as 1,646, representing 68 per cent left 9mobile to ...