Africa and Prediction Markets
This i believe in few years will severly impact the African economy in ways we have never seen before. Why? It will be easy for government cronies to bet against known non public information and policies which will shift wealth in an unfair and skewed way because Africa already have a mature gambling epidemic.
This creates a potential regulatory gray area that could have legitimized prediction markets as policy adjacent tools while establishing precedent that information asymmetries matter enough to warrant restrictions.
Tik Tok, Tik Tok, Tik Tok
Today is father's day celebration.
When ladies say to men,
how are you? Or express how you're feeling?
I genuinely believe many women simply what to hear what they want to hear from the man not actually listen to learn.
I was watching @moakabash interview with @Nadesanya@moakabash: Tell us the responsibility you carry as a man, a father, a son etc do you feel fulfilment?
@Nadesanya: Fulfillment comes and the responsibility is enormous. Men are the only species that is loved conditionally.
@moakabash: No oo, that is debatable
I'm confused, a man is telling you what reflects most men's everyday reality but you're there not agreeing? But why?
😭🤔🤔
https://t.co/Svn9DNWFm2
@cyberomin@Oluomoofderby@Ol0ye@Wizarab10@ThaBoyYom
Hello @YIAGA
Since the https://t.co/xTRn5y7jYE platform is a transparency tool, how does the it source the data with INEC? With electronic transmission, it's easy for INEC to claim ignorance or victim from external manipulation.
1.) is data directly from the iRev devices or from INEC collated API endpoint?
2.) How do you ensure the source is a true reflection of the data on the iRev devices?
3.) How do you detect manipulation at source? eg external CRUD operations
@ChidiOdinkalu@BudgITng@SERAPNigeria
With eToro exploring M&A targets while seeking a banking license to expand beyond brokerage into deposit taking and lending services.
I think a banking license would let eToro capture net interest margins and reduce reliance on trading volatility, but regulatory approval is uncertain and acquisition integration risk is material.
@Dea_rMen Thanks for flagging this.
We reviewed your account and found that you are reposting content word-for-word from other accounts multiple times a day.
Your account has now been demonetized.
Let me know if you have any further questions.
While some say say BBC, Al-Jazeera etc are state funded too. Their budget misappropriation is not as reckless as ours over here. Another reason govt is funding is for propaganda in the coming months.
Basically trying to achieve NTA+ on steroids.
I have taken my time to look at the FG FreeTV project being championed by NBC.
My assessment is that the technical side is sustainable because NIGCOMSAT already exists and satellite distribution is relatively efficient nationwide.👌
The bigger risk is the business model. If FreeTV becomes heavily dependent on yearly government funding, its long-term future will be uncertain.🤔
Breaches isn't a comfortabke topic. This crude block one person 1983 approach will not work. In a functional environment, these kind of people should be repurposed to have decent career in white hat.
Suggestion: You and other fintech companies design or create a bounty program that put their minds to better use. This in-turn create a more robust white hacker community and stronger fintech ecosystems.
@timmyisagod@asemota@OoTheNigerian
This is a SECURITY WARNING to all Fintechs / Crypto Exchanges in Nigeria , there is a serial hacker and fraudster who is known for exploiting fintechs systems , microfinance banks and financial institutions, his name is “ADEDAYO ADERUKU” , a quick google search of his name would tell you all you need to know, if you have this person on your system, make sure to block him off.
I have been begging @nk_amadi
to make DSO Set-Top Box Operators and NIGCOMSAT Limited release actual real time channel viewing data.
Which can create a blue ocean and subsequently power private sector commercial transactions.
I hope she see this as this is key for growth and adoption.
Nigeria never ceases to amaze me. This is what @emekamba was trying to do about a decade ago, and Buhari's people killed it. Bulaba may be slow and self-centered, but Buhari was the worst thing ever to happen to Nigeria. He was clueless, and the people around him were devils.
Private equity software M&A dropped to $50bn in the first five months of 2024, the lowest level since the pandemic, as AI hype deflated valuations and deal-making ground to a halt.
Builders face compressed exit multiples and fewer acquirers with dry powder, while investors holding software portfolios are sitting on underwater positions that may need restructuring or extended hold periods.
I watched MTN data trial session where @Sisi_Yemmie@Fosudo@timi_agbaje@Ebuka@layiwasabi attended. While I understand the challenging environment Telcos operate in Nigeria and Karl Toriola, the CEO's commitment to candor, some areas I'd like to point out.
The OEMs and MTN where trying to suggest that reason data gets exhausted quickly is due to background processes like real time notifications and location ping which is true but 1GB metric measuring and quality in Nigeria is not the same with OEMs and elsewhere. The opaqueness in measurements and subsequent billing is where the issue is especially with failed downloads where subscribers will be ones to pay for it.
Also the part OEMs reps fails to mention (or are unaware) are preinstalled apps (that you can't simply uninstall) under the "security" umbrella which doesn't really serve the sole interest of the device owner. That alone is a big kettle of fish any serious regulator should be taking seriously on an ongoing basis.
NEW: A Bombardier Challenger 601 business jet landed on a road still under construction in Asaba, Nigeria, after a failed approach to Asaba International Airport on Wednesday.
According to the Nigeria Civil Aviation Authority, the aircraft conducted a missed approach at about 7:43 a.m. local time before reportedly landing on a roadway in the Ogwashi-Uku area near Asaba.
The regulator said preliminary findings showed that the aircraft later departed the location and flew back to Lagos without obtaining the required regulatory clearance.
Upon arrival in Lagos, the aircraft was immediately grounded pending the outcome of the investigation, while the flight crew were placed under regulatory review.
The NCAA also announced the suspension of the operator's Permit for Non-Commercial Flight pending further inquiries.