Last year was a big one for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher warns. The number of deals and amount invested by venture firms into Web3 and crypto startups was a little over $30 billion in 2022, according to Galaxy Research Galaxy’s head of firmwide research, Alex Thorn, described it as a “monster year” that was only just eclipsed by the $31 billion in VC investments in 2021. However, in a Jan. 5 report, Thorn stated that macroeconomic and crypto market conditions led to significant investment drawdowns in Q3 and Q4. This will likely continue into 2023, until macro and crypto market conditions improve. Thorn noted that there...
Prof. Charles Igwe, the Vice-Chancellor of University of Nigeria, Nsukka (UNN) has said that COVID-19 pandemic is arguably the most global challenge since world war II. Igwe said this in Nsukka on Monday during UNN 1st Annual International Conference titled: “A Whole New World; Research, Development and Innovation in the Pandemic Era.” He said that COVID-19 which has killed many people across the globe as well as infected many others has affected the economy, lives, people’s ways of living in virtually every country of the world. “COVID-19 pandemic is the most serious global challenge since the world war II the world has witnessed. “As this has affected the economy, people’s ways of life and behaviour of entire people of the world,” he said. He commended federal government on handling the ...
Professor Gorgewill Owunari has been announced as the new vice chancellor of the University of Port Harcourt. The announcement was made on Friday by the Chairman of the Governing Council of the University of Port Harcourt, Senator Andrew Uchendu. Senator Uchendu said Prof. Owunari, from the department of Pharmacology, emerged from twelve other contenders for the top job at the university. Presenting the new VC to journalists in Port Harcourt, senator Uchendu said “I want to assure all of you that we meticulously complied with the full provisions of the act on the selection of the vice chancellor of the university. “After interviewing about twelve of them we found three of them appoint-able. “For the first time in my life I have received a delegation of the President to act on his behalf an...
The Committee of Vice Chancellors in Nigeria has appointed the vice chancellor of the University of Ilorin, Prof. Sulyman A. Abdulkareem as its chairman. Also, the vice chancellor of the University of Benin, Prof. Mrs. Lilian Salami has been appointed by the committee to serve as alternate chairperson. In a statement signed by the secretary- general of the committee, Prof. Yakubu Ochefu, the decision was taken during a virtual and physical meeting which took place at its secretariat in Abuja. While wishing the executive officers success in their mandate and in the discharge of their responsibilities, the secretary- general said a lot was expected from them as the nation looks up to universities in solving its socioeconomic and political challenges. The statement reads: ” The Committee of V...