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Sahara Reporters Profile – About, Employees, Net Worth, Founders, And All You Need To Know

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Sahara reporters

Sahara Reporters Profile – About, Employees, Net Worth, Founders, And All You Need To Know

Introduction

Sahara reporters

We hear ear-splitting and hair-raising stories every day about the politics in Africa and particularly in Nigeria. What we don’t hear is the details of such stories. Speculations keep making the rounds. This is because the government has pocketed several news outlet agencies and even bankrolls others. Several news agencies in Nigeria belong to politicians and of course, they all they can to whitewash their reputation.

Related: Interswitch Profile – About, Employees, Net Worth, Founders, And All You Need To Know 

Sahara reporters, however, are made from a different mold. They are an online news agency. They are based primarily in New York City. Their primary focus is on promoting citizen journalism. They do this by encouraging people to report stories. They emphasize stories about corruption, human rights abuses, and other political misconduct in Africa, and particularly in Nigeria.

About

Sahara Reporters news agency was formed by Omoyele Sowore in the year 2006 in New York City, United States of America. Omoyele Sowore has been involved in activism since his university days. He protested and led protests against the reduction of universities in Nigeria from 28 to 5. This was a condition attached to an International Monetary Fund (IMF) loan of $120 million.

The supposed intent of the loan was to build more oil pipelines. He also led 5,100 students in protest against the Nigerian government. This happened in 1992. He studied Geography and Planning at the University of Lagos from 1989 to 1995. He spent a long time at the university because he was expelled two times from school due to political reasons and his involvement in student activism. This led to his spending two extra years in school.

Whilst Omoyele Sowore was in the University of Lagos, he was the President Student Union Government from 1992 and 1994. He was very involved in anti-cultism and anti-corruption advocacy and policymaking.

Omoyele Sowore is also a Master’s degree holder in Public Administration from Columbia University.

Sahara Reporters was established also as a form of protest, fighting against corrupt and wrong government practices.

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When Sahara Reporters was primarily in New York,  Omoyele Sowore had a degree of protection to some extent from the untoward effects of publishing several scandalous and ear-splitting information about the most powerful people in Nigeria. Due to his work, Omoyele Sowore had to shuttle from his family home in New Jersey and his office in  Nigeria.

The news outlet agency became popular and gained worldwide attention after it became the first news agency to identify and publish the photo of Umar Farouk Abdulmutallab. Umar Farouk was commonly known as the “underwear bomber”. He is a suspected terrorist that was accused of attempting to blow up Northwest Airlines Flight 253 on Christmas Day. He did this by detonating a plastic bomb that unfortunately for him, and fortunately for us, exploded in his underwear.

Sahara Reporters news agency has garnered a large following both in Nigeria and amongst Nigerians abroad. Their followership has grossed over fifteen million people across several social media platforms.

While Sahara Reporters’ reports and articles from New York is protected by the First Amendment, it did not pose as a deterrent to Omoyele and members of his staff from receiving several threats from individuals, especially those whose illegal activities have been exposed on the Sahara Reporters website. The  Nigerian government is also implicated.

After Sahara Reporters launched an open and well-defined presence in Lagos, Nigeria, in the year 2017, they came under a series of attacks and threats. This information was reported by the Committee to Protect Journalists, among others.

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Sahara reporters

Sahara Reporters staff told Committee to Protect Journalists that their Nigerian bank account was frozen without advance notice in October of the year 2019. This report was made on the 10th of December 2019. They also reported that their website had been disabled twice for accusations of copyright infringement. Their website had also been hacked and malware was inserted into the system. This was not only the report, as members of staff also reported cyberattacks and increased surveillance outside their Lagos office. This was according to Sahara Reporters staff who spoke to the Committee for the Protection of Journalists.

Funding and investment

Funds for the running of the media agency was raised by grants. They have received grants from international agencies and Non-governmental organizations. They have received grants from Ford Foundation. The foundation donated $175,000 to Sahara Reporters. Sahara Reporters also received a grant of $450,000 from The Omidyar Foundation. They have also gotten grants from the Global Information Network.

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Employees

Sahara Reporters news agency are employers of over 50 individuals in Nigeria and the United States of America.

More information

Since the inception of the media agency, they have published more than five thousand articles and reports. They encourage citizens to submit stories that they publish after due diligence has been carried out on them.

The team lead and founder of Sahara Reporters, Omoyele Sowore has been arrested in Nigeria several times. On the 3rd of August 2019, DSS officials in Nigeria arrested Omoyele Sowore and he was charged with treason, cybercrime, and money laundering. The money laundering charge included transfers that were allegedly made to Sahara Reporters Nigerian bank account.

Net worth

The net worth of Sahara Reporters news agency is not known. However, the net worth of their team lead, Omoyele Sowore is estimated to be 10 million dollars.

Conclusion

Sahara Reporters news agency has done due diligence to journalism in Africa. They are made up of a group of individuals who are not afraid to write right. Several attempts have been made by the Nigerian government to frustrate their efforts including freezing their bank account without prior notice.

Like the Phoenix, however, they have risen beyond the dirty deals and conspiracies to keep them silent. Omoyele Sowore also has not ceased to speak up for the truth. He continues to champion his Revolutionnow outcry and demonstrating for a better Nigeria for us and for our children. Visit their website here

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What is Cryptocurrency And How Does It Work? 

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Obiex finance website

Cryptocurrencies are decentralized digital assets that operate on blockchain technology that in turn operates by storing a ledger of every transaction on all nodes powering the blockchain. 

In layman’s terms, blockchain technology is like a record keeper, it collects data (in blocks) and links one block of data to another, forming a chain. The data on the blockchain is open for all to see and cannot be easily altered. Blockchain technology can be used for a variety of use cases besides cryptocurrency, ranging from voting to crowdfunding, keeping health records, etc.

Using Bitcoin as an example, nodes are computers connected to the network to mine Bitcoin,  – this collection of independent nodes working together is what makes the network decentralized.

The decentralized nature of cryptocurrency is down to the creators recognizing flaws in traditional banking & financial systems like governments and financial institutions acting only in their best interests and not in the best interest of the common man, leading Satoshi Nakamoto (the creator of bitcoin and blockchain technology) to take steps to rectify that.

Related: What are NFTs?

To make cryptocurrency transactions, you will need to have a set of both public and private keys that will act as passwords protecting your crypto wallet. 

The Public key is connected to your wallet address, allowing you to share the address with others to receive cryptocurrency, while the private key is known to only you and is what you will use to approve outgoing crypto transactions from your wallet. 

Trading Cryptocurrency on Obiex

Obiex finance website

With the popularity of cryptocurrency trading currently at an all-time high, the biggest challenge for many rookie traders is selecting which cryptocurrency exchange to trade on.

If you fall in this category, the immediate priority should be finding an exchange that allows rookie traders to make trades easily, doesn’t charge extra fees and is completely secure. That exchange is Obiex Finance.

In this guide, you will be shown how to navigate the Obiex mobile app & website easily and what to do to get started with making cryptocurrency trades. 

Getting started with Obiex Finance 

Obiex Finance is a digital asset exchange and financial technology (Fintech) platform that gives its users the ability to easily execute cryptocurrency trades from anywhere regardless of their skill level.

Their commitment to ensuring that users get the best experience is shown in how they allow instant swaps from volatile coins like Bitcoin to stable coins like USDT, and vice versa, without confirmations. In a market where the value of crypto can fluctuate wildly, this feature is especially valuable as it allows users to seamlessly switch between making profits to saving those profits in a more stable currency before the value drops.  

To create an Obiex Finance account, simply head over to their homepage, click on “sign up”, fill in the required fields and verify your email address. After that, create wallet addresses for your crypto assets and you’re ready to start trading!

The cryptocurrency available for trading on the Obiex Finance platform are: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Polygon (MATIC), Dogecoin (DOGE), Tether (USDT), Binance USD (BUSD), and USD Coin (USDC).

Getting Started with Cryptocurrency trading

After creating your Obiex account, you need to follow these simple steps:

  1.     Have a Trading Strategy: Trading cryptocurrency without having a strategy in place is the easiest way to lose your money. You will need to research the various crypto trading strategies thoroughly and choose the one that best suits your needs and temperament. For example, if you’re a patient person who is content to make smaller, safer trades over a long period of time instead of making riskier trades, then scalp trading is the best trading strategy for you. There are also other crypto trading strategies such as Swing trading, position trading, Arbitrage, dollar cost averaging etc.
  2.     Pick the cryptocurrency you’d like to trade: There are several cryptocurrencies available on Obiex Finance such as Bitcoin, Ethereum, Binance Coin, Tether etc. Selecting which cryptocurrency to trade is usually down to making a choice; whether to stick with the safer, more established cryptocurrencies like Bitcoin or to go with the more volatile coins that have a high upside and an equally high-risk factor like the Dogecoin which can move in either direction based on what Elon Musk tweets.

It is also important to note that when you pick a cryptocurrency to trade, it would be wise to ensure that the cryptocurrency matches the strategy you pick. For example, if your preferred strategy is patient scalp trading, then investing in volatile coins that have a high upside but carry a lot of risk is not the wisest move. 

To swap crypto on Obiex Finance, add the wallet of crypto assets you’d like to swap, send the crypto to the wallet you just created, navigate to the ‘swap’ option on your dashboard, and select the coins you’d like to swap. You will receive the swapped coin in your wallet balance immediately without waiting for network confirmations.

  1.     Securely store your cryptocurrency: The same way you’d protect your goods and profits if you had a physical store is the same way you need to protect your cryptocurrency so it doesn’t fall into the wrong hands.

You can store your crypto securely on your Obiex wallet but if you want an alternative, physical wallets are also an option. Physical wallets allow you to store your crypto in secure hardware, offline storage device reducing the likelihood of online hackers stealing your hard-earned crypto. This is a list of reliable physical wallets you can use.

Conclusion

If you’re a newbie to crypto trading, the keyword is patience. Taking the time to properly understand the market before making trades will stand you in good stead. While risks occasionally pay off, a patient, long-term strategy is required to make consistent profits. For more information about trading as a newbie, you can check this out to understand unfamiliar crypto terms and to learn more about spot trading and futures.

Obiex Frequently Asked Questions | Obiex FAQs

  • Will I be charged a fee when I swap coins on Obiex? 

No you won’t. While other crypto exchanges charge for trades and require confirmations to execute swaps, Obiex allows you to make free, instantaneous swaps without the delay that comes with waiting for confirmation. This also helps you avoid unnecessary losses.

  • Can I trade crypto on Obiex if I don’t know much about crypto? 

Yes, you can! The Obiex Finance platform allows both rookie and experienced traders to make easy, safe trades regardless of trading experience.

  • Can I send and receive crypto easily?  

Yes, you can. To send crypto, you will use your private key to execute outgoing trades and your public key/your wallet address to receive incoming trades. You can also send and receive crypto using just Obiex usernames.

  • Why do I need to swap coins? 

Swapping coins allows you to either acquire a coin you think is (currently) more valuable than a coin you have a lot of. You can also use swaps to ensure that your funds are invested in a more secure coin like USDT if you feel the volatile coin you’re holding is about to go on a bear run and lose value.

  • Do I get a referral bonus when I invite friends to use Obiex? 

Yes, Obiex has a referral campaign that rewards users that invite their friends and family to trade the minimum of $10 on Obiex.

 

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NairaMetrics Profile – About, Employees, Net Worth, Founders, And All You Need To Know

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