By Odilim Enwegbara
There are few state owned businesses around developed economies, and where they inevitably exist, they are highly commercialised with government having little or no say in their daily operations. And to ensure that they are never populated by top politicians’ cronies, hiring is conducted in the open where only the most qualified and best performers get the job. While in such cases where they still enjoy special government patronage, they are treated by government like any other corporate competitors in the economy.
Africa’s — particularly Nigeria’s — case remains different. Coming out of colonialism with capital mostly in the hands of colonial businesses, in such absence private capital accumulation, state ownership of businesses was the only way for the newly independent states to participate in growing and developing their economies, and above all create jobs and generate tax revenues for the state for the onward investment in critical social infrastructure.
But with politicians soon discovering how to use the state owned businesses as a payback for political allegiance, rather than these post-colonial state owned enterprises being focused on growth and profit-making, they became the easiest way politicians could channel the scarce resources of the state for personal gains. Hence the appointment of cronies to manage these state owned enterprises.
Thus, unlike developed economies where the inevitable changes occurred, the inevitable transfer of these state owned businesses to private ownership has never truly occurred in most African countries, including Nigeria. And where the transfer occurred, it was almost always done in the dark with politicians in power using their fronts to acquire these state owned enterprises for a pittance. Understandably, it is this obvious truth that has forced Nigerians to oppose privatisation of public assets, believing that at the end of such exercise, publicly owned assets are cheaply and illegally transferred to the politicians through their corporate friends.
But the fact that previous privatisation exercises were done in the dark does not remove the fact that to truly and genuinely grow the economy we too should transfer many of our public enterprises to the most financially and technically capable private hands, who by investing their hard earned money in them, by bringing in more competent hands and more technical know-how and innovations will drive these enterprises into the competitive edge as well as ensure with more profits mean more investment in plant and equipment and more jobs to Nigerians and more taxes to government. And above all, it would mean the permanent end of government providing subsidy to state owned enterprises.
One major reason this has remained unresolved is the very fact that state owned businesses, including the country’s refineries have since become sources of political, ethnic and religious patronage, where patron-client relationship is so strong to be easily done way with by the same politicians who have to appoint friends and well-wishers in both management and board positions.
And there is no place where this patron–client relationship is more pronounced than in the Nigerian National Petroleum Corporation (NNPC), especially in its four refineries populated by politicians’ inexperienced cronies, whose only qualification for getting the top jobs is because they are friends and family members of politicians. Synonymous with bloated cost of operations, over invoicing, sheer corruption through revenues diversion into private accounts, mostly accounts indirectly belonging to politicians in power.
It is ironic that the NNPC and its downstream oil subsector are kept alive thanks to government life support machines in the form of subsidies. But the question no government has ever boldly addressed is: for how long should what are arguably Nigeria’s flagship corporations, otherwise the economic engine-room, supposedly earning over 70% of government revenues and over 90% of its foreign exchange earnings continue to be run by incompetent cronies of every government in power, when handing them to private hands is the best way to make them more profitable, pay more taxes, innovate and compete locally and internationally so that petroleum products are made readily available to Nigerians at affordable prices?
Here we are talking about the country’s downstream oil subsector that rather than supposedly generating a lot of revenues for the country as it is the case in most countries, including our peer economies, we are talking about state owned refineries run in such absolute corruption that instead of refining petroleum products have their managers conniving with the big boys involved in fuel importation to always sabotage its refining operations. Quite understandably, the country’s refineries have always been the more you look the less you see.
It is not that we don’t know that this is true state of these refineries today. Of course, we all know that they have never worked and will never work. But the problem has always been who will have the gut to stop this by privatising these enterprises.
But speaking recently as part of his agenda to overhaul the whole economy and position it for growth if elected president in 2019, Atiku Abubakar announced his readiness to immediately privatise the country’s rundown refineries. Being a highly successful businessman, he understands that it is only by transferring these moribund and inefficiently run state-owned enterprises to private sector hands should we stop spending trillions of naira annually in fuel subsidy along with other trillions of naira lost in taxes. But for how long will government after government continue to bankroll the same refineries that should be the number one source of government tax revenue; he queried?
Reflecting over the reality of Nigeria’s economy, Atiku rightly argues that there is no way Nigeria should expect any serious economic growth with such moribund state owned enterprises. That is why to finally put Nigeria’s economy on the path of growth will require state-owned companies like the refineries be wholly in private hands.
Atiku was right to wonder how we intend to achieve the high economic growth we intended if we intend to continue keeping the moribund state owned corporations like the refineries on the same life support machines they have been for decades now. So, as far as he is concerned, privatising them remains the most plausible solution to maximise allocation efficiency. Of course, there is no way we should be desirous of big time foreign investors when in reality we continue ensuring that our state owned enterprises should still monopolise the critical sectors of the economy.
With the much needed culture of competition, operational transparency, and profitability replacing the present mind-boggling inefficiencies and imperiousness that have made it almost impossible for these state-owned companies to perform optimally, the refineries will begin to work since privatisation replaces cronyism with competent and professionally sophisticated managers.
That is bizarre to say the least. Or what is the reasoning behind wanting to grow the economy without wanting the private sector participants to lead it? Let us agree that increasing the private sector firms’ participation in the economy will generate millions of jobs along with trillions of naira in taxes, as well as lift millions of Nigerians out of poor. Without having our refineries privatised, big time investors’ money will unlikely come into the oil subsector.
Atiku’s refinery privatisation will come with two clauses. First clause will insist on a ten year review of the performance of the new owners of the refineries to ensure that they have been able to fully transform the refineries into high performing or else the refineries automatically return ownership to government. Second clause will insist on a spread-out local content within all the operation of the refineries, which means Nigerians will have contracts’ first offer of refusal.
Let us agree that commercialisation is no better option. It is no better option here because, unlike most modern economies, including our peer economies such as South Africa’s, Mexico’s and Brazil’s, where commercialisation meant that the day-to-day operations of state owned enterprises have simply made these enterprises profitable to the extent that rather than government subsidy, these commercialised enterprises have become major source of government tax revenue, Nigeria’s commercialisation will hardly end the deep rooted patron-client system that promotes corruption, incompetence, waste and high operations costs.
What this means is that with the same incompetent people in charge, corruption and mismanagement will continue to persist in the refineries. Besides, as a result of the commercialisation arrangement, state monopoly that brings no form of innovation in the subsector will continue at the detriment of the end product cost reduction.
Not even commercialisation will bring to end the inherent sabotage of the refineries by the big boys involved in fuel importation who connive with the managers of the refineries to ensure that the refineries are not producing petroleum products so that they are always imported with huge subsidies given to these importers.
We should not forget that commercialisation would equally amount to these refineries easily transferring their artificially created high costs of operations to the consumers who have no option or else they will threaten to go back to demanding government subsidising their day-to-day operations.
The whole gist here is that there is no way we will continue to subsidise the running of state-owned enterprises like the refineries that are supposed to be the leading sources of tax revenue generation for the state. And there is no way we should allow them to transfer their high cost of operation to Nigerian consumers of their products as a result of state enterprise monopoly.
We also know that the only way to avert the impending transfer of state monopoly to Dangote monopoly of the country’s downstream subsector is to fully privatise these dilapidated refineries so that their new private owners will have no option but to fight it out with Dangote for their corporate survival. That explains why the only possible solution is this: saying enough is enough of these state owned enterprises lacking transparency, accountability, and operational and performance checks and balance.
We should thus praise this pre-eminent business man turn politician for being bold enough and clear enough by insisting that if elected president he will waste no time in handing the refineries to the best private hands. His decision to do the inevitable could not be unconnected with his vast business insight. Moreover, Atiku remains the only Nigerian politician who has the clear understanding of how best to resolve these problems inherent in state owned enterprise, which unless resolved will continue to undermine Nigeria’s long overdue industrialization.
But rather than be bold enough to agree that the privatisation of our refineries will attract world’s best companies to participate in oil subsector of the economy, the ill-informed Buhari Media Organisation, decided to attack Atiku, wrongly insisting that his proposed privatisation of the refineries “would directly translate to increased price of petroleum products…with dire consequences on high transport cost aggregating in high inflation rates with massive decline in the standard of living of the people…”
While one can understand the grammar, there is nothing else to decipher from their grammar. Or are they ignorant not to understand that the privatisation of the refineries will boost the oil downstream economy of Nigeria not only by making petroleum products readily available but also having the current high pump prices drastically reduced, as competition drives down costs and as a result the price of the products?
It is quite unscientific for the BMO to believe the commercial pricing of petroleum products in Nigeria would amount to a great harm to citizens of Nigeria since keeping these petroleum products subsidised remains the only way to keep them “socially priced.” But for how long we continue to wrongly believe that the only way we could truly make petroleum products socially priced is for government after government to spend trillions of naira, including Buhari administration’s whopping N1.4tn spent within a year from the Excess Crude Account with due process?
The irony here is that while the Buhari media people continue to defend fuel subsidy, many powerful APC politicians are boldly speaking not just against fuel subsidy but, in fact, insisting that the Buhari administration’s fuel subsidy is synonymous with corruption, including opposition from such powerful APC members like Gov Abdulazeez Yari, who notwithstanding being both the Chairman of Nigeria’s Governors’ Forum and a leading APC Governor says this fierce opposition:
“When there was no cost recovery, the NNPC clearly gave us the number of 33 and 35 million litres per day as the consumption of Nigeria. But now that with the new regime of cost recovery, NNPC is claiming daily consumption of 60 and 65 million litres per day? So many of our international partners [have said] that even if we are feeding Nigeria, Cameroon, Ghana and Niger, we cannot consume more than 35 million litres per day. So we are wondering where the 60 million litres is coming from!”
But why shouldn’t the beneficiaries of this mind-boggling debt incurring and deficit guzzling refineries be alarmed that their means of stealing from our commonwealth would soon be in private hands? This goes to explain that after all, it is all about protecting their narrow interests than the interests of other Nigerians, particularly poor Nigerian.
If Buhari is truly this lover of the masses he has always pretended to be, then, why has he not come up with such unheard-of economic plans to aggressively grow the economy in such a way that the masses of this country would have been exiting poverty since 2015? Or from where else are these Buhari people expecting the good paying jobs to come if not from the private sector driving the economy?
Today’s under Buhari Nigeria resembles the pre-Deng China, known for having spent between 1949 and 1980 major portion of its annual revenues subsidising non-profitable, non-transparent state owned enterprises, filled with incompetent cronies of those in government. But even though it was a taboo to ever think of stopping what became the best way to bribe Communist Party members Deng Xiaoping the political wizard did the unimaginable. He wasted no time in demanding that all state enterprises be commercialised and where commercialisation failed to make revenue generators, they should be immediately transferred to the private hands.
Atiku knows that rather than subsidising our non-profitable refineries along with paying trillions of naira annually in fuel subsidy, by privatising the oil subsector and freeing money from the subsector, that money would be better spent on building schools, hospitals, roads, waterways, railways, mass housing, etc. These are the kinds of investments government should pursue since they can directly enhance the lives of the poor masses, those whose predicaments this government seems to completely ignore.
Politics apart, we should all applaud Atiku for already insisting that as president he will make sure that government is lean, productive, efficient, dynamic, and above all business-like that promotes growth, real sector firm investments, and jobs in their millions for Nigerians, which are only possible if we hand most of our unproductive state enterprises to the private sector.
Are we not lucky to have someone with Atiku’s kind of business background who with our votes will from May 29, begin to preside over the affairs of this country? Being a private sector player like Donald Trump who within a year in office turned the US economy around and set it on such astonishing growth path, Atiku remains the right presidential material this time around.
Like how Franklin Roosevelt came to preside over the affairs of America from 1932 to 1945 at a time the US economy was completely messed up by his predecessor Herbert Hoover, and like Deng Xiaoping brought in from 1978 to 1989 to clean up the economic and social mess caused by his predecessor Chairman Mao Zedong, we too have no option to bring in Atiku in 2019 if we want to witness the cleanup of the present economic, social and security mess caused by Buhari.
Having learned our lessons in a hard way, I strongly believe that this time around we the electorate has become wise enough not to repeat the same mistake in 2019. We need the president with the gift of presiding over our economic affairs with an eye to fix it once and for all and get Nigeria working again.
Enwegbara, a devel
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Welcome to the New World Order of automakers. Soon, only the big survive
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Honda and Nissan are the latest automakers to discuss combining forces. They won’t be the last.
The two Japanese automakers announced last week that they plan to merge and create the world’s third largest automaker. Details aren’t yet finalized, but they expect to announce the combination within six months.
Mergers in the auto industry are nothing new. They have taken place since the acquisition of various brands formed General Motors (GM) in the first decade of the 20th century. But experts say the Honda-Nissan deal could help to spark a string of combinations that could soon reshape the industry
“I think the environment is there for additional mergers,” said Jeff Schuster, global vice president of automotive research for GlobalData. “I don’t think Honda-Nissan will cause more deals to take place, although it could accelerate them.”
The factors driving possible deals, from technological change and the industry’s huge appetite for R&D and capital spending to thin profit margins, are numerous and powerful. The push toward consolidation is only going to get greater in coming decade. And it could be that only the biggest survive.
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Amazing adventures, extraordinary landscapes and fabulous cuisine — the world’s greatest railway journeys are an unforgettable experience that can immerse you in the culture of a new country.
Demand for luxury “land cruise” trains with five-star hotel-style accommodation is booming. 2025 will see several new trains take to the rails for the first time, offering new opportunities to explore Italy, France, Saudi Arabia and the United Kingdom.
But the best railway journeys don’t have to be the most expensive. There’s an ever-evolving world of train trips out there. Here are some of the key developments in the coming year
Two of Europe’s great capitals are now linked by their first direct high-speed train connection. Germany’s Deutsche Bahn introduced a daytime InterCity Express (ICE) service between Paris and Berlin on December 16 and is planning to add a second route between the two capitals in 2026.
Taking advantage of its new fleet of 200 mph (322 kph) ICE3neo trains, the once-a-day service takes around eight hours in each direction, also serving Strasbourg, Karlsruhe and Frankfurt on its 546-mile (878-kilometer) journey.
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It may not be as fast as flying — some of the journey has to use lower speed “classic” lines to bridge gaps in the European high-speed network — but it is undoubtedly a more sustainable and more stylish way to travel across Europe.
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Aderu meklesana tiesi ziemelu tautas valstis ir loti izplatits veids ka “atrast udeni” un paaudzu paaudzes so amatu pielieto vietejie aku raksanas meistari un reizem pat spices ierikosanas meistari apgalvojot ka spej “paredzet” udens atrasanas vietu un dzilumu jeb ta saucamas “pazemes upes”. Ari Latvija netrukst cilveku, kas tic sadam … Lasit vairak
Spices ierikosana vai dzilurbums – kadas ir atskiribas?
Spices ierikosanai, vispirms tas ir Diametrs – Polietilena spicem visizplatitakais diametrs ir 32mm un metala spicem – 40mm (jeb 1 ?”). Udens spici apriko ar virszeme novietojamu udens sukni, jeb ta tauta deveto “hidroforu”. Savukart dzilurbuma diametrs ir sakot no 80mm. Pateicoties lielakam caurules diametram, taja var ievietot iegremdejamo sukni … Lasit vairak
Polietilena spices un metala spices – ar ko tas atskiras?
Polietilena spices ir samera moderns risinajums un tas pirmo reizi Latvija paradijas aptuveni pirms 25 gadiem. To kimiska izturiba ir pielidzinama nerusejosam teraudam – tas neruse, neoksidejas un visa garuma nav nevienas savienojuma vietas, kas padara gaisa piesuksanu caur “izpuvusiem” un valigiem savienojumiem neiespejamu, ka ari krietni atvieglo montazu. Virsu … Lasit vairak
Spices ierikosana ir jasaskano buvvalde?
Spices ierikosana lidz 20 metru dzilumam nav jasaskano buvvalde un par to nav jamaksa “zemes dzilu resursu izmantosanas nodoklis”. Ari spices atrasanas vieta ir pec jusu izveles – to var ierikot pie kaiminu zoga cik vien tuvu velaties, tas var ierikot ieksa telpa, pagraba vai tuvu pamatiem. Udens spices nekadi … Lasit vairak
Spices udens kvalitate.
Spices udens kvalitate ir biezi apspriests temats. Var skist, ka udens no dzilurbuma vienmer bus tiraks un labaks neka no spices un lai iegutu labako udeni ir jaurbj pec iespejas dzilak, bet ne vienmer ta ir. Reizem Riga un Rigas rajona tiesi no samera seklam spicem (lidz 10m dzilumam, kas … Lasit vairak
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Today, I went to the beachfront with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!|
How Nigeria’s biggest city became the world’s hottest winter party destination
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It’s a world of endless parties and sleepless nights. A relentless celebration that turns West Africa – and especially Nigeria’s largest city, Lagos – into one of the hottest destinations on the continent, if not the planet, right in the middle of winter.
Detty December is a magical time between December and early January when diaspora communities and tourists flock to Ghana, Nigeria and South Africa for an unforgettable experience filled with flavourful food, soulful African music and sunshine.
Beach parties, festivals and top-tier performances fuel the energy, while fashion takes center stage, with everyone dressing to impress.
Nearly two-thirds of Nigeria’s population is under 25, according to the United Nations Population Fund, making this one of the world’s youngest countries.
Internationally renowned Afrobeats performers and foreign artists make surprise appearances. DJs take to the streets, blasting powerful beats from consoles mounted atop bright yellow minibuses.
At times it’s all-consuming. Good luck getting hair salon appointments, affordable air tickets or navigating Lagos’ already notorious traffic when the party crowds are in town.
Detty December (“detty” is a playful corruption of “dirty”) is a triumphant celebration of culture, music and good vibes that has evolved in recent years during the traditional holidays influx of diaspora returnees, which heightened in 2018 when Ghana ran a launched a successful “Year of Return” campaign actively encouraging people to visit their ancestral homelands.
It’s gathered pace over the past five years, gaining an international reputation, as IJGBs (“I Just Got Backs”) and their friends arrive in batches, eager to unwind and blow off steam after the fast-paced, hard-working year they’ve had overseas.
For many in the vast Nigerian diaspora, it is a deeply personal homecoming, a chance to reconnect with their heritage, traditions and families while immersing themselves in the lively energy of Nigerian life.
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What is Curve Finance?
Curve Finance is a decentralized exchange platform designed to facilitate low-cost, low-slippage trades of stablecoins and other assets. Built on the Ethereum network, Curve.fi optimizes trading and liquidity provision, making it a popular choice among decentralized finance (DeFi) users.
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How Does Curve Finance Work?
Curve Finance employs an automated market maker (AMM) model, which eliminates the need for traditional order books. Instead, it uses liquidity pools to match trades and provide liquidity. This system is particularly effective for stablecoin exchanges, where price fluctuations are minimal.
Key Features of Curve Finance
Low Slippage: By focusing on stablecoins, Curve minimizes price volatility during trades.
Efficient Trading: Curve’s AMM model enables quick and efficient transactions.
Liquidity Incentives: Users providing liquidity earn rewards in the form of trading fees and CRV tokens.
Benefits of Using Curve Finance
Curve Finance offers numerous benefits for users looking to optimize their cryptocurrency trading experience:
Competitive Rates: By reducing slippage and transaction fees, Curve provides a cost-effective solution for stablecoin trades.
Decentralized Control: Users benefit from the security and autonomy of a decentralized network.
Yield Farming Opportunities: Beyond trading, users can engage in yield farming, earning additional income by supplying liquidity.
How to Get Started with Curve Finance
To begin using Curve, you need an Ethereum wallet, such as MetaMask, and some ETH to cover gas fees. Here’s a quick guide to get you started:
Connect your Ethereum wallet to Curve.fi.
Select a trading pair from the available liquidity pools.
Enter the amount you wish to trade or provide as liquidity.
Confirm the transaction and pay the necessary gas fees.
By following these simple steps, you can start taking advantage of the low-cost, low-slippage trades that Curve Finance offers.
Conclusion
Curve Finance is a robust platform for anyone looking to engage in efficient cryptocurrency trading. With its focus on stablecoins and low slippage, Curve.fi provides users with an optimized trading experience backed by the security of decentralized finance. Whether you’re a trader or a liquidity provider, Curve Finance offers tools and incentives to enhance your DeFi journey.
Welcome to Cow Swap: Your Gateway to Easy Crypto Trading
In the ever-evolving world of cryptocurrency, Cow Swap has emerged as a reliable and efficient platform for traders. Whether you’re a seasoned investor or a newcomer to the crypto space, understanding how Cow Swap operates can enhance your trading experience.
Why Choose Cow Swap?
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Cow Swap offers several benefits that make it a preferred choice for many traders:
Decentralized Platform: Enjoy the security and privacy of trading on a decentralized exchange without any intermediaries.
Cost Efficiency: Lower transaction fees compared to traditional exchanges.
User-Friendly Interface: Simplifies the trading process, making it accessible for everyone.
No Sign-Up Required: Start trading without the hassle of creating an account.
How Cow Swap Works
Cow Swap utilizes a unique approach named CoW Protocol (Coincidence of Wants). This protocol matches traders’ orders without requiring them to be actively involved in the trade execution process. Here’s how it works:
Order Submission: Traders submit their buy or sell orders to the platform.
Order Matching: The platform uses the CoW Protocol to match these orders based on the best possible deal.
Settlement: Once a match is found, the trade is executed swiftly and securely.
Tips for Getting Started on Cow Swap
To make the most out of your Cow Swap experience, consider the following tips:
Stay Informed: Always check the latest trends and market updates to make informed decisions.
Secure Your Assets: Utilize hardware wallets for added security of your funds.
Use Test Networks: Familiarize yourself with the platform using test networks before making large transactions.
Frequently Asked Questions
Many traders have questions when first encountering Cow Swap. Here are a few common queries:
Is Cow Swap safe to use?
Yes, Cow Swap is designed with top-notch security, utilizing the decentralized nature of blockchain technology to keep your transactions safe.
Do I need a wallet to use Cow Swap?
Yes, you will need a compatible cryptocurrency wallet to connect and trade on Cow Swap.
What cryptocurrencies can I trade on Cow Swap?
Cow Swap supports a wide variety of cryptocurrencies, allowing you to trade your preferred coins seamlessly.
By leveraging the strengths of Cow Swap, traders can efficiently and securely navigate the crypto landscape. Start exploring the possibilities today and enhance your trading experience!
Welcome to Bungee Exchange
In the dynamic world of cryptocurrency, the ability to exchange currencies securely and efficiently is crucial. Bungee Exchange offers a seamless platform that caters to both beginners and experienced traders alike.
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Why Choose Bungee Exchange?
Bungee Exchange stands out as a top choice for currency swaps due to its:
User-Friendly Interface: Designed with simplicity in mind, the platform allows users to navigate with ease.
Robust Security Measures: Your transactions are protected with state-of-the-art security protocols.
Wide Range of Supported Currencies: Bungee Exchange supports a variety of cryptocurrencies to meet diverse trading needs.
Key Features
Here are some key features that make Bungee Exchange an attractive choice:
Instant Transactions: Benefit from quick processing times that facilitate rapid exchanges.
Competitive Exchange Rates: Receive favorable rates that maximize the value of your trades.
24/7 Customer Support: Access reliable support whenever you need assistance or have queries.
How to Use Bungee Exchange
Getting started with Bungee Exchange is straightforward. Follow these steps:
Sign Up: Create an account by providing your email and setting a secure password.
Verify Identity: Complete the KYC process to ensure safety and compliance.
Select Exchange Pair: Choose the currencies you wish to swap.
Confirm Transaction: Review the details and confirm your trade to initiate the exchange.
Conclusion
Whether you are a seasoned trader or just getting started, Bungee Exchange offers a streamlined platform for effective cryptocurrency swaps. With its emphasis on security, user-friendliness, and efficiency, you can trade with confidence. Discover the potential of Bungee Exchange today and take control of your cryptocurrency transactions with ease.
Welcome to Jumper Exchange
Jumper Exchange is your one-stop destination for seamless cryptocurrency swaps. Dive into an unparalleled trading experience designed for both newcomers and veteran traders.
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Why Choose Jumper Exchange?
Jumper Exchange stands out for several compelling reasons:
User-Friendly Interface: Navigate through our platform with ease, whether you’re trading from a desktop or mobile device.
Fast Transactions: Experience rapid transaction speeds that ensure you never miss out on market opportunities.
Security First: Rest assured that our advanced security protocols protect your assets at all times.
Wide Range of Cryptocurrencies: Access a diverse array of cryptocurrencies to swap and trade effortlessly.
How to Start Trading
Register for an account using a simple signup process.
Verify your identity quickly and securely.
Fund your account and start swapping your preferred cryptocurrencies.
Our educational resources also provide you with insights and strategies to help you make informed trading decisions every step of the way.
Join Our Community
When you sign up with Jumper Exchange, you join a vibrant community of crypto enthusiasts eager to share experiences and insights. Participate in our forums, and stay updated with the latest news and trends.
Support and Resources
Our dedicated support team is available 24/7 to assist you with any questions or concerns. Access our comprehensive resource center for help guides, FAQs, and the latest platform updates.
Make Jumper Exchange your go-to platform for a streamlined, secure, and efficient crypto trading experience.
Welcome to CBridge: Your Gateway to Cross-Chain Transactions
In the rapidly-evolving world of cryptocurrencies, CBridge stands out as a powerful solution for seamless cross-chain transfers. If you are new to the concept, or simply looking to enhance your crypto experience, CBridge offers a robust platform that ensures fast, cost-effective, and secure transactions across multiple blockchain networks.
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What is CBridge?
CBridge is a revolutionary bridge infrastructure designed to facilitate transfers of cryptocurrencies across different blockchain networks. By leveraging the latest in blockchain technology, CBridge allows users to seamlessly move their digital assets between diverse ecosystems without the complexities often associated with such processes.
Key Features of CBridge
High-Speed Transactions: CBridge ensures that cross-chain transfers are completed as quickly as possible, reducing waiting times significantly.
Cost-Effective Solutions: Enjoy lower transaction fees compared to traditional bridges, making it an economical choice for all users.
Security and Privacy: With enhanced security protocols, CBridge maintains the integrity of transactions and protects user data.
User-Friendly Interface: An intuitive platform that simplifies navigation, making it accessible even to beginners.
How Does CBridge Work?
The process is straightforward: users initiate a transaction from their preferred blockchain, select the destination network and currency, and confirm the transfer. CBridge handles the rest, ensuring the digital assets are converted and securely transmitted to the target blockchain.
Benefits of Using CBridge
CBridge not only simplifies the process of moving assets but also opens opportunities for users to explore diverse blockchain applications. Whether you are a trader, investor, or a blockchain enthusiast, CBridge offers a strategic advantage by fostering a truly interconnected crypto ecosystem.
Conclusion
In a world where flexibility and connectivity are key, CBridge offers the optimal solution to unlock new potentials in cross-chain transactions. Its commitment to speed, cost-efficiency, and security makes it an invaluable tool for anyone engaged in the cryptocurrency space.
Welcome to DeBank: Your Premier DeFi Portfolio Manager
In the ever-evolving world of decentralized finance (DeFi), managing and tracking your digital assets is crucial. DeBank offers an innovative solution for users to seamlessly manage their DeFi investments, providing a comprehensive overview of their digital portfolio.
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Why Choose DeBank for Your DeFi Needs?
DeBank simplifies the complex landscape of DeFi by offering tools and insights that empower users to make informed decisions. Here’s why you should consider using DeBank:
Comprehensive Asset Management: Track all your DeFi investments in one place for a holistic view of your financial health.
Portfolio Optimization: Enhance your investment strategy with the help of detailed analytics and insights.
Security and Privacy: Enjoy peace of mind knowing your data is protected with top-tier security protocols.
Key Features of DeBank
DeBank stands out with its robust set of features designed to accommodate both novice and experienced investors alike:
Real-time Data Tracking: Stay updated with live data feeds that keep you informed about market trends and price changes.
Wallet Integration: Connect multiple crypto wallets to manage and view your assets seamlessly.
Customizable Dashboard: Tailor your dashboard to display the metrics and assets that matter most to you.
Getting Started with DeBank
Setting up your DeBank account is a straightforward process:
Create an Account: Sign up with your email or integrate with your crypto wallet.
Connect Your Wallet: Securely link your existing crypto wallets to start tracking your investments.
Explore the Dashboard: Customize your interface to monitor your DeFi activities effectively.
DeBank offers an intuitive and user-friendly platform that caters to the diverse needs of DeFi enthusiasts. Whether you’re looking to track your assets or optimize your investment strategy, DeBank provides the tools and insights needed to succeed in the DeFi space.
Join the DeFi Revolution with DeBank
As the DeFi market continues to expand, staying ahead is crucial. DeBank equips you with the knowledge and tools to harness the full potential of decentralized finance. today and take control of your financial future!
Carrie Underwood slated to perform at Trump’s inauguration
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Country music star Carrie Underwood is slated to perform “America the Beautiful” at President-elect Donald Trump’s inauguration, according to a copy of the program obtained by CNN and confirmed by a spokesperson for the inaugural committee.
“I love our country and am honored to have been asked to sing at the Inauguration and to be a small part of this historic event,” Underwood said in a statement to CNN. “I am humbled to answer the call at a time when we must all come together in the spirit of unity and looking to the future.”
The presidential oath of office will be administered by Supreme Court Chief Justice John Roberts with Justice Brett Kavanaugh expected to administer the oath of office to Vice President-elect JD Vance.
Trump’s inauguration as the 47th president of the United States will take place on January 20 at the US Capitol.
Underwood is a big get for Trump’s inauguration, considering Hollywood’s Trump blackout over the course of his political career.
In his first term and throughout the past three elections, Trump has struggled to garner support from major Hollywood stars. At the Republican National Convention last year, the two biggest stars onstage with Trump were musician Kid Rock and retired WWE wrestler Hulk Hogan – a far cry from a superstar at the height of their career, like Underwood.
The Grammy-winning artist is as high-profile as you can get in country music, not only with numerous platinum hits, but also with public-facing, mainstream business associations. Underwood is the face of Sunday Night Football and is set to make her debut this March as a judge on ABC’s “American Idol” – the singing competition show that catapulted her to fame when she won in 2005.
While many NFL fans will likely applaud Underwood for singing at the inauguration, any time a celebrity aligns themselves with Trump, they run the risk of alienating left-leaning fans and Hollywood allies.
Underwood has kept her politics under wraps over the course of her career. In her statement, she did not mention Trump by name and kept her focus on unifying the country – still, Underwood’s decision to publicly align with Trump is a big statement for any star, particularly one as private as the singer.
Historically, Hollywood has always been closely associated with the Democratic Party, but country stars have always been an outlier, leaning more conservative. In recent years, as new singers join the genre, country music has gotten to be more progressive. This past election cycle, country stars like Mickey Guyton and Maren Morris stood with Vice President Kamala Harris.
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A brief history of sunglasses, from Ancient Rome to Hollywood
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Sunglasses, or dark glasses, have always guarded against strong sunlight, but is there more to “shades” than we think?
The pupils of our eyes are delicate and react immediately to strong lights. Protecting them against light — even the brilliance reflected off snow — is important for everyone. Himalayan mountaineers wear goggles for this exact purpose.
Protection is partly the function of sunglasses. But dark or colored lens glasses have become fashion accessories and personal signature items. Think of the vast and famous collector of sunglasses Elton John, with his pink lensed heart-shaped extravaganzas and many others.
When did this interest in protecting the eyes begin, and at what point did dark glasses become a social statement as well as physical protection?
The Roman Emperor Nero is reported as holding polished gemstones to his eyes for sun protection as he watched fighting gladiators.
We know Canadian far north Copper Inuit and Alaskan Yupik wore snow goggles of many kinds made of antlers or whalebone and with tiny horizontal slits. Wearers looked through these and they were protected against the snow’s brilliant light when hunting. At the same time the very narrow eye holes helped them to focus on their prey.
In 12th-century China, judges wore sunglasses with smoked quartz lenses to hide their facial expressions — perhaps to retain their dignity or not convey emotions.
Introducing the Zircuit Token System
The Zircuit token, a pivotal element in the blockchain landscape, plays a crucial role in enabling efficient transactions and offering enhanced security. Designed for seamless integration into various platforms, it aims to revolutionize the way digital currencies are perceived and utilized.
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Key Advantages of the Zircuit Token
Enhanced Security: Security is a core benefit of utilizing the Zircuit token. By employing advanced cryptographic techniques, it ensures that transactions are secure, safeguarding user data and funds from potential threats.
Scalable Transactions: Zircuit token is engineered for scalability, allowing for a large number of transactions per second. This capability promises efficiency even as user numbers grow, ensuring smooth operations across digital platforms.
Low Transaction Fees: One of the significant advantages of using the Zircuit token is the cost-effectiveness of its transactions. It boasts lower fees compared to traditional financial systems, making it an attractive option for users.
Implementing Zircuit Tokens in Everyday Use
The implementation of Zircuit tokens into daily transactions is designed to be straightforward. Users can manage their tokens seamlessly through dedicated wallets that offer user-friendly interfaces and robust security. Thanks to its decentralized nature, it enables trustless interactions, where intermediaries are reduced, thereby minimizing costs and enhancing speed.
Furthermore, Zircuit tokens offer compatibility with various platforms, allowing users to transact with ease across a plethora of services. This flexibility is crucial for both individuals and businesses looking to integrate blockchain technology into their operations.
In conclusion, the Zircuit token stands as a testament to the evolving nature of digital currencies, offering a secure, scalable, and cost-effective solution for modern financial transactions. As adoption continues to grow, the robustness of the Zircuit token system is likely to play a critical role in shaping the future of digital exchanges.
Welcome to Vertex Protocol: Revolutionizing DeFi Trading
Discover the revolutionary Vertex Protocol, your gateway to the world of decentralized finance (DeFi) trading. As the crypto landscape rapidly evolves, Vertex Protocol stands at the forefront, providing users with unparalleled seamless trading experiences and enhanced liquidity access.
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What Makes Vertex Protocol Stand Out?
Vertex Protocol is more than just a trading platform. It is a designed to empower you with:
Intuitive User Interface: Navigate the complex world of crypto with ease and efficiency.
Advanced Security: Enjoy peace of mind with industry-leading security protocols and safeguarding of your assets.
High Liquidity: Access deep liquidity pools to execute large trades with minimal slippage.
Diverse Asset Options: Explore a wide array of cryptocurrencies and tokens.
Unlock Potential with Vertex’s Features
Leverage the full potential of Vertex Protocol with these standout features:
Decentralized: Trustless and Secure
Trading on Vertex ensures transparency and autonomy, free from third-party control, making it a trustless and secure choice for crypto enthusiasts.
Efficient Trading Engine
Benefit from fast, efficient trade execution supported by state-of-the-art technology that maximizes your trading efficiency.
Community Governance
Be a part of a community-driven , allowing you to have a say in the protocol’s future developments.
Getting Started with Vertex Protocol
Embarking on your DeFi journey with Vertex is straightforward. To get started:
Sign up and create your account.
Securely connect your wallet.
Begin trading and explore diverse assets and liquidity options.
Whether you are a seasoned trader or new to the crypto scene, Vertex Protocol offers the tools and resources you need to succeed.
Join the Vertex Community
Participate in webinars, discussions, and forums to stay informed and connected. The vibrant awaits, offering support and insights to enhance your trading journey.
In conclusion, Vertex Protocol is your ideal partner in navigating the dynamic world of decentralized finance. Start today and experience the future of trading.
Ethena Fi – Your platform for decentralized financial services
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Invest, exchange, and manage your assets with confidence on Ethena Fi
Discover the power of decentralized finance with Ethena Fi. As the world moves towards decentralized financial solutions, Ethena Fi offers you a platform to explore the limitless possibilities of cryptocurrency investments, exchanges, and asset management.
At Ethena Fi, we believe in empowering individuals to take control of their financial future. Whether you’re an experienced investor or new to the world of cryptocurrencies, our user-friendly platform provides you with the tools and resources you need to succeed.
With Ethena Fi, you can:
Invest in a wide range of cryptocurrencies, including Bitcoin, Ethereum, and more
Exchange digital assets quickly and securely
Manage your portfolio with ease
Access innovative financial products and services
Join thousands of users who have already started their journey to financial freedom with Ethena Fi. Sign up today and experience the future of decentralized finance!
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Центробанк в лице Набиуллиной и её шайки просто уничтожает всё, что не вписывается в их схему. «Бест Вей» – это не пирамида, а спасение для тысяч семей, которые не могли позволить себе ипотеку с конскими процентами. А что мы видим? Удар по кооперативу, деньги пайщиков арестованы, а эксперты типа Парфеновой лепят липовые заключения. Это не борьба с мошенничеством, это просто устранение конкурента. Пора уже власти обратить внимание на этот беспредел, потому что дальше так продолжаться не может. Люди устали быть заложниками корпоративных интересов Центробанка.
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