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Olufemi Awoyinka

Olufemi Awoyinka is a highly accomplished individual with a diverse range of talents and accomplishments. With over three years of experience in the field of data analytics, he has established himself as a proficient expert in this rapidly evolving industry. Alongside his expertise in data analytics, Olufemi is also an accomplished entrepreneur, the founder of Abisfem Global Enterprise, and the creative force behind the popular Idan News blog.

bitcoin
TECH

Bitcoin Takes a Dip As Pepe Coin and BONK Rise

by Olufemi Awoyinka
written by Olufemi Awoyinka

The recent surge in cryptocurrency prices can be attributed to various factors, notably the speculation surrounding the Bitcoin Spot ETF and encouraging statements from central bank officials.

Investors are optimistic, anticipating a potential rate cut as early as March next year.

As of the latest data, Bitcoin experienced a 1.18% decrease in the last 24 hours, reaching $43,507.34, accompanied by a 4.19% increase in trading volume to $28.34 billion.

The leading cryptocurrency exhibited a 24-hour high of $44,042.59 and a low of $42,880.65, highlighting the volatile nature of the crypto market.

Concurrently, Ethereum, the second-largest cryptocurrency, sustained a consistent upward trend, recording a 4.81% gain to trade at $2,374.98.

Its trading volume in the past 24 hours saw a significant rise, surging by 35.97% to $15.75 billion, with a 24-hour high of $2,387.51.

In the same timeframe, XRP witnessed a 0.80% increase to $0.6493, while its trading volume decreased by 11.24% to $1.8 billion.

Similarly, Solana experienced a notable 13.10% surge, reaching $71.79, accompanied by a substantial 46.99% increase in trading volume to $3.68 billion.

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TECH

Cryptocurrency Chronicles: Bitcoin’s Resurgence, Global Adoption, and ETF Hopes

by Olufemi Awoyinka
written by Olufemi Awoyinka

In the ever-vibrant world of cryptocurrency, the resurgence of bitcoin is capturing the attention of market analysts and enthusiasts alike. After a tumultuous period, the digital currency has bounced back, experiencing a remarkable 60% surge in just a month and a half, bringing it back into the limelight.

Let’s delve into the significant developments of the week, spanning from the crypto-friendly city of Lugano to the latest ETF updates and the intriguing dynamics of the cryptocurrency market.

Lugano: Embracing Cryptos as a Way of Life

The Swiss city of Lugano has reaffirmed its commitment to the crypto revolution by introducing a groundbreaking initiative. Municipal bills can now be paid in bitcoin (BTC) and USDT, marking a collaborative effort with Tether under Lugano’s Plan B.

Enabled through QR code scanning from crypto wallets, this move, supported by Bitcoin Suisse, complements Lugano’s existing crypto-friendly endeavors, such as the acceptance of cryptocurrencies in 400 local points of sale via the MyLugano Web3 application.

Brazil’s Banking Giant Dips into Cryptocurrency Trading

Itaú Unibanco, Brazil’s largest bank, is embracing cryptocurrency trading services for its customers. Bitcoin (BTC) and ether (ETH) are the first in line, with plans to expand the offering to include other cryptocurrencies in the future.

Distinguishing itself, the bank will act as a custodian of crypto-assets on behalf of its clients, navigating the uncharted waters of Brazil’s evolving regulatory framework for cryptocurrencies amidst a broader trend of “dedollarization.”

Societe Generale’s Green Bond on the Ethereum Blockchain

Societe Generale has pioneered a digital green bond issuance on the Ethereum blockchain through its SG Forge branch. Valued at 10 million euros and with a 3-year maturity, the bond has garnered subscriptions from AXA Investment Managers and Generali Investments.

This move, emphasizing transparency and adherence to ESG criteria, showcases Societe Generale’s commitment to bridging blockchain technology with traditional finance.

Bitcoin ETF on the Horizon: BlackRock and Bitwise Updates

BlackRock and Bitwise have taken significant steps towards the approval of Bitcoin Spot ETFs by updating their applications to the U.S. Securities and Exchange Commission (SEC).

A report from PricewaterhouseCoopers (PwC) on anti-money laundering measures for BlackRock adds to the dialogue with the SEC, with predictions suggesting approval before January 10, 2024. Simultaneously, BlackRock has filed for a spot Ethereum ETF, although the SEC remains cautious in its approach, postponing decisions on other spot Bitcoin ETF applications.

Cryptic Analysis of the Week: Bitcoin’s Roller Coaster Journey

Reflecting on the tumultuous events of the past two years in the cryptocurrency market, a remarkable turnaround has occurred in 2023. From the FTX scandal’s dark shadows to the recent surge, Bitcoin has witnessed a 160% increase, reaching over $43,000.

The broader cryptocurrency market echoes this resurgence, reminiscent of the pre-2022 era, characterized by FOMO and YOLO sentiments. Meanwhile, BTC miners are leveraging the price surge, strategically selling their holdings to bolster liquidity reserves.

As we navigate these dynamic developments, the cryptocurrency landscape continues to evolve, bringing both challenges and opportunities for investors and enthusiasts alike. Stay tuned for more updates in the fascinating world of digital assets.

Bitcoin (BTC)‘s recent aggressive rebound has dealt a devastating blow to short sellers of crypto stocks, resulting in losses exceeding $2.6 billion in less than three months, according to financial data firm S3 Partners.

The rally began on September 11, when Bitcoin hit a three-month low of $25,152, and since then, the coin has surged by an impressive 75% to its current price of $43,975. This unexpected rise has caught short sellers off guard. -coinmarketcap

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News

Changes Coming in 2024: Canada Increased Financial Requirements for Study Permit Applicants

by Olufemi Awoyinka
written by Olufemi Awoyinka

Starting from January 1, 2024, there will be an upward adjustment to the cost-of-living financial prerequisite for study permit applicants, aimed at better preparing international students for their life in Canada.

Similar to other immigration programs, this financial threshold will be annually revised. In the year 2024, a single applicant must demonstrate financial readiness by proving they possess $20,635, in addition to covering their first-year tuition and travel expenses.

It is important to note that this adjustment will be applicable to all new study permit applications received on or after January 1, 2024.

Minister Miller has also provided an important update on three temporary policies set to expire at the close of 2023.

“International students provide significant cultural, social and economic benefits to their communities, but they have also faced challenges navigating life in Canada. We are revising the cost-of-living threshold so that international students understand the true cost of living here. This measure is key to their success in Canada. We are also exploring options to ensure that students find adequate housing. These long-overdue changes will protect international students from financially vulnerable situations and exploitation.”

– The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship

Among these policies, one significant change is that international students already in Canada and those who submitted a study permit application before December 7, 2023, will now have the opportunity to work off-campus for more than 20 hours per week until April 30, 2024.

The measure that has allowed international students to count time spent studying online towards the length of a future post-graduation work permit, as long as it constitutes less than 50% of the program of study, will continue to be in place for students who begin a study program before September 1, 2024.

A temporary policy was introduced on three occasions to provide an additional 18-month work permit to post-graduation work permit holders as their initial work permit was expiring.

Foreign nationals with a post-graduation work permit expiring up to December 31, 2023, remain eligible to apply. However, this temporary policy will not be extended further.

 

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FASHION

“Ekiti Fashion Extravaganza 7th Edition: Unveiling FASHIONISTAS – A Vintage Fashion Odyssey!”

by Olufemi Awoyinka
written by Olufemi Awoyinka

Prepare yourselves for a fashion spectacle like never seen before at the upcoming Ekiti Fashion Exhibition 7th Edition! This year, immerse yourself in the world of FASHIONISTAS, as we embark on a stylish adventure through the realms of vintage fashion.

Join us for an extraordinary event filled with a dynamic blend of Networking, an electrifying fashion runway, cutting-edge designs, captivating photo booths, prestigious Award Investitures, live Entertainment, state recognition, and incredible prizes awaiting the most stylish male and female attendees!

Experience the seamless fusion of contemporary trends, classic vintage aesthetics, and boundless creativity as top-notch designers unveil their awe-inspiring collections.

Mark your calendars for the grand affair on the 10th of December 2023, to be held at the prestigious Obafemi Awolowo Civic Center in Fajuyi, Ado-Ekiti.

The glamour kicks off with the red carpet at 2 pm, paving the way for the main event starting at 4 pm. The best part? Entry is absolutely FREE!

Don’t miss out on this unparalleled celebration of fashion, where every moment promises to be a testament to the elegance and innovation of the fashion world. Join us for an unforgettable evening of style, sophistication, and surprises!

For sponsorships, and enquiries, pls call 09059226467 or 08160089184.
This event is powered by De Elegant Expertise Palais and supported by Crest Models, Ministry of Investment Trade and Industry, EkTv, Ronkibod hotel, Demmy Events, Take-Away Eatery, and Dammy events…

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MetroNews

Video: Dutch Biker’s Encounter with Nigerian Police Sparks Global Concern

by Olufemi Awoyinka
written by Olufemi Awoyinka

A disturbing video has emerged, depicting Nigerian policemen soliciting money from a female biker on a journey from the Netherlands. The unsettling encounter occurred along Moniya Road in Oyo State, sparking widespread apprehension regarding Nigeria’s global reputation and the behavior of its law enforcement.

Captured in a 1:26-minute video, the officers halt the Dutch tourist, questioning her about her origin and destination. Expressing surprise upon learning she is heading to Abuja, they explicitly request money in pidgin English. The confusing interaction leaves a bitter impression on the tourist and paints a disheartening picture of Nigerian law enforcement for the world to witness.

Prompting Investigation and Action

The video drew the attention of Nigeria Police Force Public Relations Officer, Muyiwa Adejobi, who responded to its circulation by a user identified as #Oyoaffairs. Adejobi urged the Oyo State police command to investigate the incident promptly, emphasizing the necessity for swift and transparent action. He also notified the Oyo State Public Relations Officer, underscoring the imperative need to take disciplinary measures against the implicated officers to uphold the highest standards of conduct.

This incident raises serious concerns about Nigeria’s global image. Such occurrences have the potential to adversely impact the country’s tourism sector and international relations. Moreover, it underscores the urgent need for reforms within Nigeria’s police force to prevent actions that could tarnish the nation’s reputation and compromise the safety of both its citizens and visitors.

 

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NewsPOLITICS

“They Wanted to Kill Me”: Igboho Finally Speaks on ‘Turning to Cat’ to Escape DSS’ Bloody Raid 

by Olufemi Awoyinka
written by Olufemi Awoyinka

 

 

 

 

The Muhammadu Buhari government accused him of inciting ethnic hatred and stockpiling illegal weapons 

 

 

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Speaking on the bloody raid by the DSS which claimed the lives of two of his aides, Igboho said men of the Nigerian secret police shot at anything, hence the reason some cats died

Ibadan, Oyo state – Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has said it is true that some cats were killed during the midnight raid operatives of the Department of State Services (DSS) on his residence in July 2021. 

 

‘True that DSS killed some cats’ – Igboho

 

 The 51-year-old explained that during the DSS raid, they shot his cats dead too. He noted that he “did not turn into a cat to escape”. 

 

Although there were insinuations that the DSS and soldiers brought three herbalists, killed five cats, and ‘arrested’ one thinking Igboho transformed during the midnight raid, the Oyo-born self-acclaimed defender of the defenceless said the cats were only killed because “anything or movement attracted sporadic gunshots”. 

 

His words: “It is true that some cats were killed during the attack. Because the DSS just kept firing bullets in all directions. I was rearing cats as pets and I had many of them in my house. 

 

So, anything or movement attracted sporadic gunshots. “Their mission was to either kill me or arrest me and take me to an unknown destination, but the Almighty God is greater than anybody in this world, including the despotic ex-President Muhammadu Buhari.

“My God and providence put Buhari to shame with the lawless invasion of my home because they all failed to achieve what they came for. I didn’t turn into a cat to escape.” 

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FASHION

How MTL Fashion is promoting culture – Founder

by Olufemi Awoyinka
written by Olufemi Awoyinka

The founder of MTL Fashion World, Oluwatoyin Lampejo, has said that the fashion hub embodied a captivating blend of cultural appreciation and sartorial sophistication.

The Edo State-born Lampejo, who studied History and Diplomatic Studies, noted that she gracefully woven her love for culture into the fabric of her fashion designs.
“At the heart of MTL Fashion World lies a deep-rooted admiration for cultural diversity, evident in every meticulously crafted ensemble,” she added.

Lampejo also explained that her designs served as a testament to reverence for tradition, showcasing a harmonious fusion of heritage and contemporary elegance.
“What sets MTL Fashion World apart is its ability to encapsulate the essence of culture while adorning it with a touch of modernity.
“Our creations evoke a sense of pride, celebrating the rich tapestry of Nigerian and global cultures through fashion that is both timeless and trendsetting.

“Our commitment to embracing culture is palpable in every collection launched by MTL Fashion World. Her designs are more than mere garments; they are symbolic narratives that echo the beauty of diverse traditions, inviting wearers to embrace their roots with grace and sophistication.

“The brand’s ethos reflects Oluwatoyin Lampejo’s passion for cultural expression through fashion.
“Our innovative approach and unwavering dedication ensure that each piece exudes elegance while preserving the essence of cultural heritage.

“From exquisite patterns to mesmerizing colour combinations, MTL Fashion World’s creations are a testament to our ability to infuse culture into contemporary fashion with finesse.
“Our designs serve as a bridge between the past and the present, uniting tradition, and modernity seamlessly.

“MTL Fashion World continues to be a beacon of cultural celebration in the world of fashion, leaving an indelible mark on the industry,” she said.

Through her designs, Lampejo invited fashion enthusiasts to embrace cultural diversity while adorning themselves with timeless elegance.

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LIFESTYLE

Elevating Your Lifestyle: Small Changes, Big Impact

by Olufemi Awoyinka
written by Olufemi Awoyinka

In the hustle and bustle of our daily lives, it’s easy to overlook the significance of the small choices we make that collectively shape our lifestyles. Whether it’s the way we start our mornings, the food we eat, or the activities we engage in, these choices can have a profound impact on our overall well-being. Let’s explore some simple yet effective ways to elevate your lifestyle and cultivate a sense of fulfillment.

Mindful Mornings for a Positive Day Ahead

The way you start your day sets the tone for the hours that follow. Consider incorporating mindfulness practices into your morning routine, such as meditation or a few moments of quiet reflection. This can help center your mind, reduce stress, and provide a positive outlook for the day.

Nourish Your Body, Nourish Your Soul

A healthy lifestyle starts with what you put into your body. Instead of viewing meals as mere sustenance, see them as an opportunity to fuel your body with nutrient-rich foods. Experiment with diverse, colorful ingredients to make your meals not only healthy but also visually appealing. Remember, a balanced diet contributes not just to physical health but also to mental well-being.

Embrace Physical Activity You Enjoy

Exercise doesn’t have to mean monotonous gym sessions. Find a physical activity you genuinely enjoy, whether it’s dancing, hiking, or playing a sport. Not only does this make staying active more fun, but it also ensures you’ll be more consistent in maintaining a healthy lifestyle.

Create a Positive Digital Environment

In the digital age, our online activities play a significant role in our daily lives. Take a moment to curate your digital space by unfollowing negativity and surrounding yourself with content that inspires and uplifts. Cultivate a healthy relationship with technology to reduce stress and enhance your overall well-being.

Cultivate Hobbies for Joyful Living

Discover or rediscover hobbies that bring you joy. Whether it’s reading, painting, gardening, or playing a musical instrument, investing time in activities you love can be a powerful stress-reliever and a source of fulfillment.

Prioritize Quality Sleep

Quality sleep is non-negotiable for a healthy lifestyle. Create a calming bedtime routine, limit screen time before sleep, and ensure your sleeping environment is conducive to rest. A good night’s sleep not only rejuvenates your body but also sharpens your mind for the challenges of the day ahead.

Cultivate Meaningful Connections

Surround yourself with positive, supportive individuals who share your values. Cultivating meaningful connections is essential for emotional well-being and can provide a strong support system during both triumphs and challenges.

Remember, transforming your lifestyle is not about making drastic changes overnight. Small, consistent steps can lead to significant improvements over time. By focusing on mindful choices in various aspects of your life, you can create a lifestyle that not only looks good on the surface but truly enhances your overall well-being.

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davido
ENTERTAINMENT

U.S State of Georgia Honours Davido

by Olufemi Awoyinka
written by Olufemi Awoyinka

This morning marked a momentous occasion as international music sensation Davido was recognized as an ‘Outstanding Georgia Citizen’ at the U.S state of Georgia General Assembly meeting. The event, attended by members of the Georgia House of Representatives and Georgia State Senate, was a testament to Davido’s contributions both in the entertainment industry and as a positive force in the community.

The multi-platinum artist, whose real name is David Adedeji Adeleke, expressed his gratitude for the prestigious acknowledgment, stating, “God is good.” The recognition comes as a result of Davido’s outstanding achievements, not only in the realm of music but also for his philanthropic efforts and dedication to social causes.

Davido, a Nigerian-American singer, songwriter, and record producer, has become a global icon in the music industry with chart-topping hits and numerous accolades to his name. Beyond his musical prowess, he has consistently used his platform to champion social causes and support communities in need.

The General Assembly meeting served as a platform for lawmakers to commend Davido’s positive impact on society, highlighting his commitment to various charitable endeavors. From supporting education initiatives to providing aid during times of crisis, Davido has proven to be more than just a musical talent.

The event concluded with a sense of celebration and unity, as lawmakers and attendees congratulated Davido on his well-deserved honor. As the news of his recognition spreads, it serves as an inspiration for others to use their talents and influence to contribute positively to the communities they belong to.

Davido’s journey from an aspiring artist to an ‘Outstanding Georgia Citizen’ is not only a personal triumph but also a reminder of the transformative power that artists and public figures can wield in shaping a better world for

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NewsPOLITICS

George Santos expelled from congress after super-majority vote in US House of Representatives

by Olufemi Awoyinka
written by Olufemi Awoyinka

In a gripping turn of events, the American Congress has taken a decisive stance, ousting elected Republican George Santos. Once celebrated for his political role, Santos’ notoriety grew as revelations about his deceptive practices and alleged financial crimes came to light.

In a rare move, over a hundred Republicans and more than 200 Democrats joined forces to vote for Santos’s dismissal. This marks only the sixth time in the history of the House of Representatives that such a severe sanction has been invoked.

Santos, elected in November 2022, faced public scrutiny after the New York Times exposed a web of lies woven into his life story. Admitting to fabricating details on his CV, he confessed to never having worked for major banks like Goldman Sachs or Citigroup, nor possessing a degree from New York University (NYU).

Representing New York State, Santos faces charges of defrauding donors, money laundering, and electronic fraud, vehemently maintaining his innocence. The scandal, a hot topic on social media, prompted numerous calls for his resignation, but he managed to cling to power until the ethics committee’s damning report.

The committee accused Santos of “seriously discrediting” the institution by exploiting his candidacy for personal financial gain. The report revealed he had misappropriated funds for luxury purchases at Ferragamo, casino outings, Botox treatments, and even on the adult platform OnlyFans.

In the face of these allegations, Santos defiantly labeled the report as “political slander” and declared he would not seek re-election in 2024. Accused of exaggerating his identity, including falsely presenting himself as a proud Jewish American and the grandson of Holocaust survivors, Santos remained unyielding in the face of calls for resignation.

However, as the ethics committee’s scrutiny intensified, Santos appeared resigned on the morning of the vote. Speaking to Fox News, he stated, “I have accepted my destiny. If God’s will is to keep me here, I will stay. If God’s will is for me to leave, I will leave.”

Summoned by the ethics committee, chaired by Republican Michael Guest, Santos faced a motion of exclusion, with Guest deeming him “unworthy to serve as a member” of the institution. While a previous motion for exclusion had been rejected, this time, the majority spoke, and Santos faced the consequences of his actions.

The last expulsion from the House of Representatives dates back to 2002, involving a Democrat from Ohio, James Traficant. Found guilty of corruption, Traficant’s downfall culminated in an eight-year prison sentence, leaving a lasting mark on the political landscape.

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