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Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM

Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business and its ecosystem. Rather than receiving the $200 million in funding all at once, Unizen noted on June 27 that the investment will come in the form of a “capital commitment’, with part of the funding released upfront and the rest will be provided later based on achieved milestones. Unizen did not disclose what particular criteria it had to achieve to receive the funding. Unizen calls itself a “CeDeFi” exchange mixing features of both centralized exchanges (CEXs) and decentralized exchanges (DEXs), it runs on the BNB Chain, formerly called the Binance Smart Chain. It aims to attract both retail and institutional investors by fin...

Former NAF chief Nsikak Eduok laid to rest in Akwa Ibom

It was a harvest of tributes for a former Chief of Air Staff, late Air Marshall Nsikak Eduok as his remains were laid to rest in his hometown in Ibesikpo Asutan, Akwa Ibom state on Saturday. Chief of Air Staff, Oladayo Amao who spoke at the Ibom Hall grounds Uyo during the funeral service conducted by United Evangelical Church, Founded as Qua Iboe Church, described late AM Eduok as a man of valour, integrity and a great achiever with unprecedented strive for success. Based on these sterling attributes, the Force has decided to immortalise him by naming Ultrafit Gymnasium center at the Nigerian Air Force Base Yola after him. According to him, late Eduok was one of the best hands the force had, one who changed the landscape of the service and was mentor to many retired and serving officers. ...