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Showing posts from June, 2024

Protecting the Blue Economy: Preserving Life Below the Sea

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  Protecting the Blue Economy: Preserving Life Below the Sea The blue economy is estimated to be worth more than US$1.5 trillion per year globally. It provides over 30 million jobs and supplies a vital source of protein to over three billion people. While it has been eclipsed in recent years by a greater focus on the ‘green economy’ (that is, the role of primarily land-based activities in the economic transformation required to transition to a low-carbon future), a renewed interest in the blue economy (also sometimes referred to ‘blue growth’) is indicated by the OECD prediction that the ocean economy may double in size to $3 trillion by 2030 According to the World Bank, the blue economy is the "sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem." Marine life, sea life, or ocean life is the plants, animals, and other organisms that live in the salt water of seas or oceans, or the brackish wate

Understanding Crypto-Backed Mortgage Loans

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 Understanding Crypto-Backed Mortgage Loans From the Adoption of Spot ETF and subsequent events that has occurred in the crypto sphere (Bitcoin Halving) it appears the use of Crypto/Digital Assets is gaining momentum. The idea of using digital assets as collateral against traditional loan products such as mortgages has gained traction as the value in the crypto markets has grown over recent years. They offer a way to leverage the value of a digital asset portfolio to access credit without having to liquidate the assets themselves. The problem faced with this development is the inconsistency in Crypto or digital assets value and it's Varied Fluctuations. This work highlights the growth of Cryptocurrency adoption as a means of secured lending. How do crypto-backed mortgage loans work? A crypto-backed mortgage agreement requires that the borrower deposits cryptocurrency as collateral into an escrow account so that it can be used to guarantee the repayment of a mortgage loan. The first

Legal Framework for Capital Market in Nigeria

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 Distinction between Capital Market and Stock Market: There is sometimes seeming conflict in understanding whether the capital market is the stock market and vice versa, this work attempts to highlight the major distinctions and similarities while also covering the legal and regulatory framework for the Capital Market in Nigeria. Capital Market : A broader financial market that enables the buying and selling of long-term debt and equity securities, such as stocks, bonds, and debentures. It facilitates the mobilization of long-term funds for investment in businesses, projects, and governments. Stock Market (Equity Market) : A subset of the capital market, focused specifically on the buying and selling of company stocks (equities). Simply Put, The capital market is where companies go to raise financial capital (money) in general. The stock market is exclusively where investors trade stocks (shares of ownership in publicly traded corporations). Companies can raise money on the capital mar