The Boleno, BLN token is trading at www.coinexchange.io

 

The Boleno, BLN token is trading at

www.coinexchange.io

Bolenum is a cryptocurrency and financial services provider ,Bolenum Exchange(BLN) is the easiest way to buy Bitcoin and Ethereum Bolenum Exchange makes it safe and easy to buy digital currencies like Bitcoin and Ethereum in Africa.
Our platform provides secured and simple means of sending, receiving and exchanging money of all forms.
A new crypto project, however, aims to leverage the benefits of cryptocurrency in order to foster the growth and adoption rates of blockchain technology in Africa. Bolenum has recently launched and concluded a successful initial coin offering that saw BLN, the native token of the Bolenum platform, listed on CoinMarketCap at a high of around US$7.16 for 1,000 BLN.
In this article, we’ll take a look at Bolenum Exchange and find out how the project is tracking to help you understand where the Bolenum platform is headed in the future.
What Is Bolenum Exchange?
The Bolenum Exchange is currently live, and is the alpha version of a fully-fledged exchange that Bolenum plans to roll out as part of its comprehensive roadmap. The Bolenum platform is intended to bring the cryptocurrency revolution to Africa, which is home to more than 1.25 billion people that are currently less aware of the impact crypto is having on the world at large.
In the Bolenum whitepaper, the Bolenum team outline some of the key reasons why Africa is currently falling behind the rest of the world in the development and adoption of blockchain technology. There is currently a lack of public knowledge and news coverage regarding crypto in Africa, which is further compounded by the fact that there is not a lot of technical literature translated into African languages.
Additionally, there are few people that are even aware of crypto or blockchain technology across Africa as a whole, and for those that are there are many barriers to entry that prevent them from becoming involved. Many exchanges, for example, don’t allow individuals from African nations to even register.
In order to tackle these problems, Bolenum has launched an Ethereum based token called the Boleno Token, or BLN. The BLN was successfully launched in an ICO in August 2017, and is specifically designed to increase African participation in the cryptocurrency environment.
Serving as the currency of the Bolenum project, the BLN functions as a classical cryptocurrency, delivering a means of storing value outside of hyperinflated African nation currencies as well as functioning as a secure method of payment outside of fiat currency.
The Boleno Exchange is the second element of the Boleno project, and is designed to combine the characteristics of a traditional cryptocurrency exchange with a new perspective that includes peer-to-central fiat funding. In addition to trading cryptocurrencies, the Boleno exchange will also support a diverse range of African fiat currencies.
Users of the Boleno Exchange will be able to access a wide range of trading tools in order to make informed trading decisions, as well as access the Bolenum wallet, which supports any Ethererum ERC20 tokens or contract.
It’s great to see the Bolenum Exchange project kicking off with a live exchange, as there was a small amount of doubt from industry observers expressing concern over the lack of a public face to the Bolenum team, and the company behind the Bolenum platform found to be registered as a UK-based financial investment firm.

NCC 2017 Year of Telecom Consumer: Minister calls for adoption of Made in Nigerian Software

Nigeria’s Minister of Communication, Adebayo Shittu has called on Nigerians to adopt made in Nigeria software, saying effort must be made to protect local industries and local software developers.

Speaking at the flag-off of the Nigerian Communication Commission (NCC), 2017 Year of the Telecom Consumer, on Wednesday in Abuja, which coincided with the World Consumer Rights Day (WCRD) celebration, Shittu said, “It’s therefore apt for the NCC to flag off and declare 2017 the year of the Nigerian Telecom Consumer since the theme of the 2017 WCRD celebration falls within the purview of the NCC regulatory activities and oversight function on the Telecom Industry.

“World Consumer Rights Day is an opportunity to promote the basic right of all consumers, demanding that those rights are respected and protected, and a chance to protest against the market abuses and social injustice which undermine those rights.”

He added that the ministry was working on formulating cogent policies, frameworks and guidelines on protecting ICT consumers especially in telecommunications.

“The major issues of telecom consumers include drop calls on the rise due to customer base management; delay in hooking up calls due to congestion arising from possible obsolete equipment and maintenance; power interruption; Network coverage issues and enforcement challenges. Our goal is to find balance between consumer rights and right to privacy,” he said.

Professor Umar Garba Danbatta, Executive Vice Chairman, NCC, said the 2017 Year of Telecom consumer, NCC was to inform and educate the consumer with the sole intent of protecting and empowering them to make the right decision.

He said, to address the unsolicited calls received by consumers, NCC had introduced the DO Not Disturb (DND) facility where consumers were urged to activate the service by dialing 2442, and the 622 for the NCC customer complaint.

“The world over, the consumer is a major stakeholder in any enterprise especially in the telecommunications sector. The consumer supplies the blood line that keeps the Telcos in business and churning out more service. If the consumer is satisfied, the revenue belt increase,” he said.

In marking the 2017 Year of the Telecom Consumer, the commission unveiled Nigeria comedian, Helen Paul and Movie Actor, Ali Nuhu as Face of 2017 Nigerian Telecom Consumer.

President of the Senate, Bukola Saraki, represented by Senator Solomon Adeola, Chairman Senate Committee on Communication, in his keynote address, said “there are very few sectors that have represented the undisputable strength and growth potential of the Nigerian economy as communication sector is built to be lead by the private sector.

“Commemorating the 2017 World Consumer Right Day, it’s imperative that as stakeholders we induce the impact that Telecommunication Company has had in the life of citizen and create awareness of possibilities, which the use of internet and other information technology has brought to the Nigerian telecom consumers.

“The impact of telecoms on the life of Nigerians is evidence on business, education, religion, agriculture, security and our social life. Just as consumer using mobile phone continues to be on the rise, there is need for more efficient implementation of consumer protection law to combat poor service delivery.”

All is set for Lagos Corporate Cycling (LCC 2017)

The stage is set for the mega city of Lagos to host one of the biggest cycling competitions in Africa, Lagos Corporate Cycling (LCC) 2017.  The event which is expected to further promote cycling as a major sporting activity in the country is designed to champion healthy competition among corporate organisation and encourage healthy lifestyle among corporate executives and Nigerians in general.

In a statement by Mr Olabamiji Adeleye, Chief Executive Office, Addefort Limited, the organizer, LCC 2017 will include; the Elite Race, Professional Challenge, Corporate Contest and the children/ youth race.

According to him, “Corporate organisations through their participations are to encourage the general public to engage in cycling in their various communities for healthy living. Corporate representatives will compete for medals, it will provide a platform for talent discovery and grooming (Children and Youth Participation), and professionals will compete for various category of prizes.”

Mr Adeleye explained that Lagos Corporate Cycling is part of the Cycling Nigeria Project from the Addefort Group, an initiative aimed at promoting healthy lifestyle and cycling in the country. He noted that the organization is working with key stakeholders in the sector to stage a cycling competition that will meet international standard and further enhance its development in the country.

Activities for the month long project scheduled to run between May 13 and June 10, 2017 will include brand exhibition, coaching and talent discovery/ development programme.

STATE OF THE NATION

*_Please endeavour to read this very interesting piece!_*

I have been following closely the activities of this government and whenever I have the opportunity, I try to find out the opinions of people as regards the performance of this government.

I just realized that the hardship faced by many Nigerians is simply as a result of the fact that almost everyone of us benefited from the cycle of corruption.

The bricklayer, plumber, laborers, tiler are all complaining because building construction has slowed down massively cause the thieves no longer have money to spend on real estate.

The car dealers are grumbling because their cars are begging for buyers. Thieves can no longer spend wastefully.

The private school owners are shouting because parents can no longer pay outrageous sums and are withdrawing their wards.

I was shocked when I learn that in a popular private University in Abuja, parents are writing undertaking at the account section for their children to be allowed to write exams... and it goes on and on.

The fact is, a lot of people are returning to what someone referred to as ''default mode''.

We mostly have been living above our REAL MEANS.

We have been staying in houses that ordinarily our incomes can't afford.

Our children going to schools we can't afford. Driving cars we ordinarily can't maintain.

We have been living a FAKE LIFE all along. Now the reality is before us and we don't want to accept it.

This shows how morally bankrupt we are.

You can't eat your Cake and have it. Take Note..."GOD HELP AND BLESS NIGERIA"

You got billions from bank without collateral using your political influence. You put half into your business and spent the other half on exotic cars, jeweleries, etc.

Your business employs 100 people normally. You get illegal waivers and concessions to import raw materials at rock bottom prices, you get over-inflated contract to supply government some goods your company produce....in short your company is kept afloat by corruption.

Now the new SHERIFF in town says:

no more ridiculous waivers,
no more inflated contracts, no more bank loans without collateral, in fact its time you or your company pay off the billions of debt owed.....

AMCON takes over your company, staff are laid off......And you go on air and say the new sheriff is killing business and causing unemployment..

The truth is....you and your company were never in business, you were only feeding off the system.

Too many companies and banks are funded by corruption. Remove corruption from the system and they collapse.......and we end up blaming the person that removes corruption for the collapse of the corruptly run fake company.

Its like our system and corruption are so interwoven and inseparable that removing one will kill the other.

Maybe we should tolerate and learn to live with corruption so that Nigeria can survive?

Recession: What recession? If you think Nigeria is broke, then you are living in another planet. Now, please read the information below and tell me why Nigerians crying of hardship are comfortable with the bold looting of their collective wealth by the politicians.

A SELF DECEIVING COUNTRY CALLED NIGERIA

Twenty-one senators currently receiving pensions from government as ex-governors and deputy governors.

The current senators who once served as governors are Bukola Saraki of Kwara, Rabiu Musa Kwankwaso of Kano, Kabiru Gaya of Kano, Godswill Akpabio of Akwa Ibom, Theodore Orji of Abia, Abdullahi Adamu of Nasarawa, Sam Egwu of Ebonyi, Shaaba Lafiagi of Kwara, Joshua Dariye of Plateau Jonah Jang of Plateau, Aliyu Magatakarda Wamakko of Sokoto, Ahmed Sani Yarima of Zamfara, Danjuma Goje of Gombe, Bukar Abba Ibrahim of Yobe, Adamu Aliero of Kebbi, George Akume of Benue and Isiaka Adeleke of Osun.

The  former deputy governors in the Senate are Ms Biodun Olujimi of Ekiti and Enyinaya Harcourt Abaribe of Abia. Danladi Abubakar Sani served as the acting governor of Taraba state.

Many former governors are also in Buhari's Cabinet as Ministers. This includes: Ngige, Fayemi, Amaechi and Fashola (SAN).).

In Akwa Ibom State, the law provides that ex governors and deputy governors receive pension equivalent to the salaries of the incumbent. The package also includes a new official car and a utility vehicle every four years; one personal aide; a cook, chauffeurs and security guards for the governor at a sum not exceeding N5 million per month and N2.5 million for his deputy governor.

In Rivers, the law provides 100 percent of annual basic salaries for the ex-governor and deputy, one residential house for the former governor “anywhere of his choice in Nigeria”; one residential house anywhere in Rivers for the deputy, three cars for the ex-governor every four years and two cars for the deputy every four years.

It is alledged that in Lagos, a former governor will get two houses, one in Lagos and another in Abuja, estimated at N500 million in Lagos and N700 million in Abuja. He also receives six new cars to be replaced every three years; a furniture allowance of 300 percent of annual salary to be paid every two years, and a N30 million pension annually for life.

This is the reality for all the 21 ex govenors and deputy governors who are currently serving as senators. This same is also true of ex governors who are now serving as Ministers.

NOW I ASK:
How many years did these guys serve their states as governors and deputy governors? Is it more than 8years? Is that a reason to be entitled to pensions for life? Even if they are entitled to pension for life, must it be so outrageous?

As if that is not enough: HOW on earth can any public servant with conscience collect salaries and allowances as a senator or minister, and still have the audacity to claim pensions equivalent to the salaries of a serving governor in Nigeria?

IT ISN'T ROCKET SCIENCE......

Once you are elected a senator or appointed a minister, you must forfeit any pension accruing to you from government at any level until you vacate office. This should also apply to senators collecting military pensions like former Senate President David Mark.

Yet these senators are in the Senate that is inviting the current finance minister to discuss the recession of Nigeria's economy. A senator pockets approximately 30 million naira monthly as salary and allowances. Our "honourables" are not interested to make laws that could restructure our country into economically autonomous federating States/Regions to save the country from sectional agitations that is threatening  to destroy Nigeria. The sad and hopeless situation is that the rest of Nigerians are busy arguing based on party, ethnic and affiliations while these enemies of state continue to rape us.

Do you know that it costs tax payers 290m Naira yearly to maintain each member of our National Assembly in a country where nothing works & 80% of population earn below 300 Naira a day ? A working day earning of a senator is more than a yearly income of a doctor; it's more than the salary of 42 Army generals or 48 professors or 70 commissioners of police or more than twice the pay of the US President or 9 times the salary of US congressmen.

It's high time the country had a referendum on those outrageous salaries of Senators, House of Representative members and other political office holders.

*If you are seriously against the looting of our commonwealth in Nigeria, in the name of democracy, you can let this piece go viral by sharing it with as many of your contacts and groups too!*

Written by anonymous

Senate steps down 2016 FIRS budget

Nigeria’s Senate on Thursday stepped down report of its Committee on Finance on the 2016 budget of Federal Inland Revenue Service (FIRS).

The proposal was rejected after careful consideration of recommendations of the committee on Finance headed by Senator John Enoh representing Cross River Central and was giving a week to properly tidy up a number of issues raised.

Senate had referred the request of President Muhammadu Buhari on the budget of the FIRS to its committee on finance in July.

More than three months afterwards, Thursday, the report of the committee was presented by Mr. Enoh, accused of having his child as one of the new staff illegally recruited by FIRS.

But the Senate President, Bukola Saraki, and few other senators raised concerns about the report, saying they discovered loopholes and “fake” items.

Mohammed Hassan (PDP-Yobe) emphasised the need for the Senate to get full details of items in the budget.

“The descriptions of some of the items on the budget are fake,” said Mr. Hassan dismissively.

Bassey Akpan (PDP-Akwa Ibom) also questioned the “drastic” increment in the proposed expenditure of the FIRS on personnel.

During a budget defence session in April, Mr. Enoh’s committee had queried the FIRS Chairman, Babatunde Fowler, for proposing N16 billion for salaries of 1,250 staff it planned to recruit then; N1.6 billion for retired staff; and N700 million for staff medicals.