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Showing posts from February 16, 2025

Argentina’s President Javier Milei Faces Impeachment Calls Over Crypto Scandal

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                  Javier Milei, Pres. Argentina In February 2025, Argentine President Javier Milei found himself at the center of a burgeoning scandal dubbed "Cryptogate." The controversy erupted after Milei promoted a new cryptocurrency called $LIBRA on his social media platforms, leading to significant financial losses for investors and sparking calls for his impeachment. The $LIBRA token experienced a meteoric rise in value, surging from nearly zero to $5, before abruptly crashing to less than $1. This dramatic fluctuation raised suspicions of a "rug pull" scam—a scheme where the creators of a cryptocurrency abruptly withdraw their funds, leaving investors with worthless assets. In the aftermath, Milei deleted his promotional posts and claimed ignorance about the project's specifics, stating that he intended merely to support Argentine initiatives.  The fallout was swift and severe. Over 40,000 investors reported substantial losses, l...

Unlock Your Academic Future: NELFUND Opens 2024/2025 Student Loan Applications On February 22

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  The Nigerian Education Loan Fund (NELFUND) is set to open its application portal for the 2024/2025 academic session on February 22, 2025. This initiative aims to provide financial assistance to Nigerian students pursuing higher education in public tertiary institutions across the country. Application Procedures: 1. Verify Eligibility and Gather Required Documents: Eligibility Criteria: Must be a Nigerian citizen. -Enrolled in a recognized public tertiary institution within Nigeria. -Ensure your institution has uploaded your data onto the NELFUND portal. Required Documents: -JAMB admission letter. -National Identification Number (NIN). -Bank Verification Number (BVN). -Student matriculation or registration number. 2 . Access the NELFUND Online Portal: -Visit the official NELFUND website at nelf.gov.ng. -Create an account using your email address and a secure password. If you already have an account, log in with your existing credentials. 3. Complete the Application Form : -Persona...

FG Bans Public Parading Of Criminal Suspects

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       Lateef Fagbemi, Nigeria Attorney General The Nigerian government has ordered the police to stop publicly parading criminal suspects, a long-standing practice criticized for violating human rights. The directive, issued by the Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), has already been communicated to law enforcement agencies. Senior police officers in Lagos and the Federal Capital Territory (FCT) confirmed receiving the order. A high-ranking officer in Abuja stated, “We have been asked to stop parading suspects.” Meanwhile, Force Public Relations Officer Muyiwa Adejobi noted that an official police statement would be released soon.                     Kayode Egbetokun, IGP Prominent human rights lawyer Femi Falana (SAN) welcomed the decision, emphasizing that suspect parades violate the presumption of innocence under the Nigerian Constitution and international human ...

Pi Network Mainnet Launch: Where and When You Can Trade Pi Coin

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  Pi Network, a digital currency project developed by a team of Stanford graduates, is poised to transition from its Enclosed Mainnet phase to an Open Mainnet on February 20, 2025. This significant milestone will enable Pi coins to be traded on external platforms, expanding their accessibility and utility.  In anticipation of this launch, several cryptocurrency exchanges have announced plans to list the Pi token. OKX confirmed its intention to support Pi trading upon the mainnet's activation. Similarly, Bitget has introduced the PI/USDT trading pair, with details on deposit availability forthcoming. MEXC and HTX (formerly Huobi) have also declared their support for the Pi token, indicating a growing interest among major exchanges.  It's important to note that while these platforms have expressed their commitment to listing Pi, the actual trading of Pi tokens will commence only after the mainnet becomes operational. Additionally, certain regions may face restrictions; for ...